Toll Brothers Reports 87.6% Increase in Income for Q1 2018

Horsham, PA, February 28, 2018-Toll Brothers reported revenues of $1.2 billion for Q1 2018, an increase of 28% compared to Q1 2017’s $920 million.

Net income was $132.1 million, an increase of 87.6% compared to net income of $70.4 million in FY 2017’s first quarter.

The net signed contract value during the quarter was $1.69 billion, up 36%; contract units were 1,822, up 20%.