Toll Brothers aims for record revenues as profit climbs 30%

Toll Brothers is poised to end the year on a high note. The luxury builder’s profit climbed in the third quarter, as the company also raised its outlook for 2018. The optimism is thanks to strong new home sales amid housing supply constraints, Toll Brothers said in a statement Tuesday. Net income was $193.3 million, up 30 percent from $148.6 million a year earlier. Revenues climbed 27 percent to $1.91 billion, and home deliveries rose […]

from The Real Deal New York