FORT WASHINGTON, Pa. (AP) — FORT WASHINGTON, Pa. (AP) — Toll Brothers Inc. (TOL) on Tuesday reported fiscal third-quarter net income of $374.6 million.
On a per-share basis, the Fort Washington, Pennsylvania-based company said it had net income of $3.60.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $3.28 per share.
The home builder posted revenue of $2.73 billion in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $2.7 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TOL at https://www.zacks.com/ap/TOL
