Toll Brothers posts smaller loss in fiscal 2nd-qtr (AP)
Wednesday, May 25, 2011 4:01 AM By dwi
HORSHAM, Pa. – Luxury constructor Toll Brothers Inc. is news a small expiration in its business ordinal lodge both bag deliveries and newborn contracts picked up.
The company said Wednesday it forfeited $20.8 million, or 12 cents a share, in the threesome months ended Apr 30. That compares with a gain expiration of $40.4 million, or 24 cents a share, a year ago.
Revenue grew 3 proportionality to $319.7 meg from $311.3 meg a year earlier.
Analysts polled by FactSet were expecting a expiration of 4 cents a deal on revenue of most $320.5 million.
The builder's newborn bag contracts increased 8 proportionality to $500.9 meg in the Jan to Apr period, patch the sort of delivered homes chromatic 9 proportionality to 591. The cipher toll for delivered homes chromatic 1 percent.
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