secwatch.observer — SEC 8-K summary
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Issuer:     Toll Brothers, Inc. (TOL)
CIK:        0000794170
Form:       8-K
Filed at:   2022-02-22T23:59:59+00:00
Accession:  0000794170-22-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01, 99.1
LLM model:  deepseek-v4-flash:cloud@v2

Toll Brothers Q1 EPS $1.24, revenue $1.69B +20%, backlog $10.8B; guidance reaffirmed
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794170/000079417022000009/0000794170-22-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794170/000079417022000009/tol-20220222.htm
  HTML page:      https://secwatch.observer/filing/0000794170-22-000009

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