Toll Brothers, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended April 30, 2024
May 21, 2024 at 09:30 pm
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Toll Brothers, Inc. reported earnings results for the second quarter and six months ended April 30, 2024. For the second quarter, the company reported revenue was USD 2,837.49 million compared to USD 2,506.98 million a year ago. Net income was USD 481.62 million compared to USD 320.22 million a year ago. Basic earnings per share from continuing operations was USD 4.6 compared to USD 2.88 a year ago. Diluted earnings per share from continuing operations was USD 4.55 compared to USD 2.85 a year ago.
For the six months, revenue was USD 4,785.33 million compared to USD 4,287.15 million a year ago. Net income was USD 721.18 million compared to USD 511.75 million a year ago. Basic earnings per share from continuing operations was USD 6.87 compared to USD 4.6 a year ago. Diluted earnings per share from continuing operations was USD 6.8 compared to USD 4.56 a year ago.
Toll Brothers, Inc. is a builder of luxury homes. The Company designs, builds, markets, sells and arranges financing for an array of luxury residential single-family detached home, attached home, master-planned, and urban low-, mid-, and high-rise communities. The Company operates its own architectural, engineering, mortgage, title, land development, insurance, smart home technology and landscaping subsidiaries. It also develops master-planned and golf course communities as well as operate, in certain regions, its own lumber distribution, house component assembly and manufacturing operations. The Company also caters to urban and suburban renters under the brand names Toll Brothers Apartment Living and Toll Brothers Campus Living. It designs, builds, markets, and sells high-density, high-rise urban luxury condominiums with third-party joint venture partners through Toll Brothers City Living (City Living). The Company operates in approximately 24 states and in the District of Columbia.
TOLL BROTHERS, INC. 
