earnings
confidence high
sentiment positive
materiality 0.75
Toll Brothers Q1 EPS $1.24, revenue $1.69B +20%, backlog $10.8B; guidance reaffirmed
Toll Brothers, Inc.
2022-Q1 EPS reported
$1.24
revenue$1,791,081,000
- Net income $151.9M ($1.24 diluted EPS) vs $96.5M ($0.76) a year ago; pre-tax income $200.8M.
- Home sales revenue $1.69B (+20% YoY) on 1,929 delivered homes (+9%); net signed contracts $3.0B (+19%).
- Backlog value $10.8B (+45%) with 11,302 homes; adjusted home sales gross margin 25.6% vs 22.9%.
- FY22 guidance reaffirmed: 20% revenue growth, adjusted gross margin ~27.5%, ROE ~23%, community count +10%.
- Repurchased ~3.0M shares for $185.8M at avg $61.65; quarterly dividend $0.17/share paid Jan 2022.