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Article updated: 12/4/2012 10:57 AM

Toll Brothers 4Q net income soars on tax benefit

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Luxury homebuilder Toll Brothers Inc., developer of The Woods of South Barrington, says its fiscal fourth-quarter net income soared, helped by a large income tax benefit and a 48 percent rise in revenue. The luxury homebuilder delivered more homes and its order backlog increased.

Bloomberg News

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Toll Brothers says its fiscal fourth-quarter net income soared, helped by a large income tax benefit and a 48 percent rise in revenue. The luxury homebuilder delivered more homes and its order backlog increased.
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