Toll Brothers Profit Jumps 78% On Higher Home Sales And Prices |
February 25, 2015 | February 2015 Bond Updates |
Rising home prices might have depressed sales of previously-owned homes in January, but for luxury home builder Toll Brothers, the boost in housing prices is a boon to its bottom line. The company reported higher-than-expected first quarter profit and revenue Tuesday morning, and on the strength of this quarter increased its full-year delivery and pricing guidance. |
View more at: http://www.forbes.com/sites/maggiemcgrath/2015/02/24/toll-brothers-profit-jumps-78-on-higher-home-sales-and-prices/ |
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