Toll Brothers Reports Strong Q2 Results and Raises Full-Year Guidance
Toll Brothers Inc. (NYSE:TOL) reported second-quarter results that exceeded expectations with revenue of $2.5 billion, an adjusted gross margin of 26.2%, and earnings per share of $2.72. The company raised its full-year guidance for deliveries, average selling price, and SG&A efficiency due to strong demand in the luxury home market.
Tickers: $TOL