From Financial Modeling Prep: 2024-12-10 02:53:00

Toll Brothers (NYSE:TOL) had a strong fiscal year, but stock fell 2% after-hours. Q4 earnings per share were $4.63, beating estimates of $4.34. Revenue was $3.33 billion, higher than the $3.17 billion estimate. The company delivered 3,431 homes, a 25% increase YoY, with home sales revenue up 10% to $3.26 billion.

Despite strong earnings, Toll Brothers saw a decline in backlog. The backlog value dropped 7% YoY to $6.47 billion, with homes in backlog down 9% to 5,996 units. For fiscal 2025, Toll Brothers expects to deliver 11,200 to 11,600 homes at an average price of $945,000 to $965,000.



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