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| Toll Brothers reports FY 2012 2nd qtr and 6 month results Toll Brothers, Inc., the largest U.S. luxury-home builder, announced results for earnings, revenues, contracts and backlog for its second quarter and first six months ended April 30, 2012. The company reported FY 2012 second-quarter net income of $16.9 million, or $0.10 per share, compared to a FY 2011 second-quarter net loss of $20.8 million, or $0.12 per share. FY 2012's second-quarter revenues and home building deliveries of $373.7 million and 671 units rose 17% in dollars and 14% in units, compared to FY 2011's second-quarter revenues of $319.7 million and 591 units. For FY 2012's six-month period, the company reported net income of $14.1 million, or $0.08 per share, compared to FY 2011's six-month period net loss of $17.4 million, or $0.10 per share. For FY 2012's first six months, home building revenues of $695.6 million and 1,235 units increased 6% in both dollars and units, compared to FY 2011's same-period results of $653.8 million and 1,161 units. write your comments about the article :: © 2012 Construction News :: home page |