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Toll Brothers' Record 3rd Qtr 2004 Net Income Up 56% to $106.0 Million

Aug 25, 2004
Record 3rd Qtr EPS Increases 46% to $1.31 Per Share Record 3rd Qtr Revenues Grow 46% To $1.0 Billion Record 3rd Qtr Contracts Rise 69% To $1.6 Billion Record 3rd Qtr-End Backlog Is Up 75% To $4.3 Billion

HUNTINGDON VALLEY, Pa., Aug. 25, 2004 (PRIMEZONE) -- Toll Brothers, Inc., (NYSE:TOL) (www.tollbrothers.com), the nation's leading builder of luxury homes, today reported that its third quarter ended July 31, 2004 was the best quarter in its history for net income, earnings per share, revenues, contracts and backlog. In addition, unconsolidated joint ventures in which the Company had an interest signed contracts of $79.1 million in the third quarter of FY 2004.

Full Article: www.stockhouse.com/news/news.asp?newsid=2419781&tick=TOL

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