Toll Brothers Inc (TOL.N)
Tue, Dec 4 2018
U.S. luxury home builder Toll Brothers Inc on Tuesday reported its first fall in quarterly orders in more than four years as rising mortgage rates and higher home prices hit demand, sending its shares down as much as 10 percent.
* Orders decline the most in California, Toll's biggest market
Dec 4 U.S. luxury home builder Toll Brothers Inc said on Tuesday its quarterly profit rose 62.1 percent, as it sold more homes at higher prices.
Toll Brothers Inc topped estimates for quarterly profit and revenue on strong demand for its luxury homes, sending its shares up 12 percent in early trading and pushing other homebuilder stocks higher. | Video
* Shares up 12 percent (Adds analyst quote, homebuilders shares)
Aug 21 Toll Brothers Inc on Tuesday reported better-than-expected quarterly results on strong demand for its luxury homes, sending its shares up 12 percent.
Aug 21 Toll Brothers Inc's quarterly profit rose 30 percent, the U.S. luxury home builder said on Tuesday, as stronger housing demand helped it sell more homes at higher prices.