bojony.wordpress.com
million, or 52 cents a share, in its secondf quarter, the company said Wednesday. That's better than the Pa.-based homebuilder's results for the same perioedlast year, when it reported a net loss of $93.87 million, or 59 cents a share. For the six monthsx ended April 30, Toll Brothers (NYSE: TOL) had a net loss of $172 or $1.07 per share, compared to a loss of $189.76 million, or $1.20 per share, for the same periodr in 2008. Revenue for the quarte fell to $398.3 million, down sharply from the year-ago quarter, when revenue was $817.9 million. For the six-montuh period, revenue dropped from $1.
6 billion a year ago to $807 Wall Street analysts, on average, were expecting a loss of 50 centd per share on revenueof $399.4 according to Reuters Estimates. In the Albany, area, Toll Brothers is building 87 homes off Vosburgh Road in at prices ranging fromthe mid-$400,000zs to the low-$500,000s. The company has also agreed to buy the developmen rights fora 68-lot subdivision off Vly Road in Colonid that has yet to be
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment