May 22, 2018 / 9:14 AM / a month ago

BRIEF-Toll Brothers Reports Q2 Earnings Per Share Of $0.72

May 22 (Reuters) - Toll Brothers Inc:

* Q2 EARNINGS PER SHARE $0.72

* Q2 EARNINGS PER SHARE VIEW $0.76 — THOMSON REUTERS I/B/E/S

* SEES FY 2018 REVENUE $6.64 BILLION TO $7.31 BILLION

* Q2 REVENUE $1.6 BILLION VERSUS I/B/E/S VIEW $1.58 BILLION

* SEES FY 2018 ADJUSTED GROSS MARGIN OF BETWEEN 23.75% AND 24.25% OF REVENUES

* SEES FULL FY 2018 DELIVERIES OF BETWEEN 8,000 UNITS AND 8,500 UNITS WITH AN AVERAGE PRICE OF BETWEEN $830,000 AND $860,000

* SEES THIRD-QUARTER DELIVERIES OF BETWEEN 2,100 AND 2,200 UNITS WITH AN AVERAGE PRICE OF BETWEEN $830,000 AND $850,000

* SEES THIRD-QUARTER ADJUSTED GROSS MARGIN OF 23.4% OF REVENUES

* BACKLOG VALUE AT SECOND-QUARTER END ROSE TO $6.36 BILLION Source text for Eikon: Further company coverage:

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