Toll Brothers Announces Q3 Results, 58% YOY Increase

Horsham, PA, August 24, 2016—Luxury homebuilder Toll Brothers announced results for its third quarter ended July 31.

Fiscal year (FY) 2016’s third-quarter net income increased 58% to $105.5 million, or $0.61 per share diluted, compared to net income of $66.7 million, or $0.36 per share diluted, in FY 2015’s third quarter.

FY 2016’s nine-month net income was $267.7 million, or $1.52 per share diluted, compared to FY 2015’s nine-month net income of $216.0 million, or $1.18 per share diluted.