Toll Brothers Q2 EPS $4.55 beats; raises FY guidance to ~$14.00; contracts up 30%

Toll Brothers, Inc.

2024-Q2 EPS reported $6.80 revenue$4,785,334,000

Net income $481.6M ($4.55 diluted EPS) vs $320.2M ($2.85) YoY; includes $124.1M land-sale gain.
Home sales revenue $2.65B (+6% YoY); delivered 2,641 homes (+6%); net contracts $2.94B (+29%).
Adjusted home sales gross margin 28.2% (60 bps above guidance); SG&A 9.0% (70 bps better).
FY2024 EPS guidance raised to ~$14.00; Q3 deliveries seen 2,750-2,850 units; avg price ~$955K.
Quarterly dividend increased 10% to $0.23/share; repurchased $181.2M stock at avg $120.60.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.