Toll Brothers reports Q2 earnings up 60% to $4.55 per share, revenue increases 13% to $2.84bn, and home sales rise 6% to $2.65bn.
Luxury homebuilder Toll Brothers reported better-than-expected Q2 earnings, with a 60% increase in earnings to $4.55 per share and revenue up 13% to $2.84bn. Home sales rose 6% to $2.65bn, and the company delivered 2,641 homes at an average price of $1m. Toll Brothers increased its full fiscal year delivery guidance to 10,400-10,800 homes, with an average price of $960-970k.
May 21, 2024
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