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Toll Brothers Inc. (NYSE:TOL) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. Adjusted Earnings Per Share decreased 70% to $0.03 in the quarter versus EPS of $0.10 in the year-earlier quarter. Revenue rose 31.88% to $424.6 million from the year-earlier quarter.
Toll Brothers Inc. reported adjusted EPS income of $0.03 per share. By that measure, the company missed the mean analyst estimate of $0.14. It missed the average revenue estimate of $569.98 million.