secwatch.observer — SEC 8-K summary
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Issuer:     Toll Brothers, Inc. (TOL)
CIK:        0000794170
Form:       8-K
Filed at:   2021-08-24T23:59:59+00:00
Accession:  0000794170-21-000044
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01, 99.1
LLM model:  deepseek-v4-flash:cloud@v2

Toll Brothers Q3 net income doubles to $234.9M; record backlog $9.44B; guides FY2022 margins up
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- Net income $234.9M ($1.87 diluted EPS) vs $114.8M ($0.90) YoY; home sales revenue $2.23B (+37%).
- Net signed contracts $2.98B record (+35%); backlog $9.44B record (+55%); adjusted home sales gross margin 25.6%.
- Full FY2021 guidance: deliveries 10,100 units; avg price ~$830k; adjusted margin 24.9%; tax rate 24.6%.
- Strategic partnership with Equity Residential for rental communities in 7 metro markets.
- Repurchased 1.7M shares in Q3 at avg $57.66; paid quarterly dividend $0.17/share.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794170/000079417021000044/0000794170-21-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794170/000079417021000044/tol-20210824.htm
  HTML page:      https://secwatch.observer/filing/0000794170-21-000044

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