May 24, 2016 / 9:16 AM / a year ago

Toll Brothers Q2 revenue jumps 31 pct

May 24 (Reuters) - Luxury home builder Toll Brothers Inc’s second-quarter revenue rose nearly 31 percent as the company sold more homes at average selling prices that increased during the quarter.

The company said net income rose to $89.1 million, or 51 cents per share in the quarter ended April 30, from $67.9 million, or 37 cents per share, a year earlier.

Revenue rose to $1.12 billion, from $852.6 million in the same period last year. (Reporting by Arunima Banerjee in Bengaluru; Editing by Biju Dwarakanath)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below