secwatch.observer — SEC 8-K summary
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Issuer:     Toll Brothers, Inc. (TOL)
CIK:        0000794170
Form:       8-K
Filed at:   2024-02-20T23:59:59+00:00
Accession:  0000794170-24-000011
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 Q1 EPS $2.25, up 32% YoY; raises FY2024 EPS forecast to $13.25-$13.75
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/794170/000079417024000011/0000794170-24-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/794170/000079417024000011/tol-20240220.htm
  HTML page:      https://secwatch.observer/filing/0000794170-24-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer