{"schema_version":"secwatch.filing_event.v1","accession":"0000794170-24-000011","form_type":"8-K","ticker":"TOL","cik":"0000794170","company_name":"Toll Brothers, Inc.","filed_at":"2024-02-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.937833+00:00","generated_at":"2026-06-05T23:36:15.662844+00:00","sec_items":["2.02","9.01","99.1"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Toll Brothers Q1 EPS $2.25, up 32% YoY; raises FY2024 EPS forecast to $13.25-$13.75","bullets":["Diluted EPS of $2.25 vs $1.70; net income $239.6M, up 25%.","Home sales revenues $1.93B (+10%); delivered 1,927 homes (+6%).","Net signed contracts $2.06B (+42%); contracts per community 5.6 vs 4.3.","Adjusted home sales gross margin 28.9% vs 27.5% YoY, up 140 bps.","Raised FY2024 EPS guidance to $13.25-$13.75; land sale gain ~$175M in Q2."],"urls":{"canonical":"https://secwatch.observer/filing/0000794170-24-000011","json":"https://secwatch.observer/filing/0000794170-24-000011.json","markdown":"https://secwatch.observer/filing/0000794170-24-000011.md","text":"https://secwatch.observer/filing/0000794170-24-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/794170/000079417024000011/0000794170-24-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/794170/000079417024000011/tol-20240220.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T23:36:15.662844+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"124009b884312e5417e887f5e76d174fe41f1830","claim":"Toll Brothers, Inc. reported First quarter ended January 31, 2024 results: revenue $1.93 billion, net income $239.6 million, EPS $2.25 per diluted share.","evidence_excerpt":"• Net income and earnings per share were $239.6 million and $2.25 per diluted share, compared to net income of $191.5 million and $1.70 per diluted share in FY 2023’s first quarter. • Pre-tax income was $311.2 million, compared to $253.8 million in FY 2023’s first quarter. • Home sales revenues were $1.93 billion, up 10% compared to FY 2023’s first quarter; delivered homes were 1,927, up 6%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/794170/000079417024000011/0000794170-24-000011-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"First quarter ended January 31, 2024"},{"label":"Revenue","value":"$1.93 billion"},{"label":"Net income","value":"$239.6 million"},{"label":"EPS","value":"$2.25 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"7ff7466be0947927b805ba8ca87ad5905ba07801","claim":"Toll Brothers, Inc. reported Full fiscal year 2024 results: EPS $13.25 to $13.75 per diluted share. Guidance raised.","evidence_excerpt":"Based on our first quarter results, and with a strong start to the spring selling season, we are raising our full year guidance across all key metrics. In addition, earlier this month we sold a parcel of land to a commercial developer for net cash proceeds of $180.7 million, which will result in a pre-tax land sale gain of approximately $175 million in our second quarter. Factoring in both the increase to our homebuilding guidance and the impact of the land sale, we now expect to earn between $13.25 and $13.75 per diluted share in fiscal 2024, with a return on beginning equity of approximately 21%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/794170/000079417024000011/0000794170-24-000011-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"Full fiscal year 2024"},{"label":"EPS","value":"$13.25 to $13.75 per diluted share"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"guidance update"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}