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Toll Brothers Posts Upbeat Earnings, Joins Exelon, Garmin, Bausch + Lomb And Other Big Stocks Moving Higher On Wednesday

Published 21/02/2024, 15:47
© Reuters.  Toll Brothers Posts Upbeat Earnings, Joins Exelon, Garmin, Bausch + Lomb And Other Big Stocks Moving Higher On Wednesday

Benzinga - by Avi Kapoor, Benzinga Staff Writer.

U.S. stocks were lower, with the Nasdaq Composite falling more than 100 points on Wednesday.

Shares of Toll Brothers, Inc. (NYSE: TOL) gained during Wednesday’s session after the company reported better-than-expected first-quarter financial results and issued FY24 EPS guidance above estimates.

The company reported first-quarter 2024 earnings per share of $2.25, beating the analyst consensus of $1.78. Quarterly revenues of $1.948 billion beat the street view of $1.859 billion.

Toll Brothers shares rose 6.2% to $109.93 on Wednesday.

Here are some other big stocks recording gains in today’s session.

  • Gentherm Incorporated (NASDAQ: THRM) shares jumped 24.7% to $61.48 after the company reported better-than-expected fourth-quarter financial results and issued guidance.
  • MediaAlpha, Inc. (NYSE: MAX) rose 19% to $18.80 after the company reported better-than-expected fourth-quarter financial results.
  • Janux Therapeutics, Inc. (NASDAQ: JANX) gained 18% to $11.75. Janux Therapeutics will host virtual event on Feb. 26th, 2024, at 4:30PM ET to discuss updated clinical data for PSMA-TRACTr JANX007 and EGFR-TRACTr JANX008.
  • Iovance Biotherapeutics, Inc. (NASDAQ: IOVA) rose 15.9% to $13.95.
  • TPG RE Finance Trust, Inc. (NYSE: TRTX) jumped 12.9% to $6.24 after the company reported fourth-quarter financial results.
  • Garmin Ltd.(NYSE: GRMN) rose 12.2% to $137.72 after the company reported fourth-quarter financial results and issued FY24 revenue guidance above estimates, recommended boosting annual dividend and authorized share buyback.
  • Select Water Solutions, Inc. (NYSE: WTTR) gained 11.7% to $8.77 following strong earnings.
  • The Hackett Group, Inc. (NASDAQ: HCKT) surged 11.2% to $25.48 following upbeat results.
  • Comstock Resources, Inc. (NYSE: CRK) gained 10.7% to $8.35.
  • Antero Resources Corporation (NYSE: AR) rose 10.5% to $25.89.
  • LivaNova PLC (NASDAQ: LIVN) jumped 8.8% to $57.28 following upbeat earnings.
  • EQT Corporation (NYSE: EQT) gained 8.8% to $36.69.
  • Wix.com Ltd. (NASDAQ: WIX) gained 8.6% to $136.15 following fourth-quarter results.
  • Bausch + Lomb Corporation (NYSE: BLCO) gained 8.6% to $15.84 after reporting quarterly results.
  • NeoGenomics, Inc. (NASDAQ: NEO) rose 7.4% to $15.78 after the company reported better-than-expected fourth-quarter financial results and issued FY24 adjusted EPS guidance above estimates.
  • Constellium SE (NYSE: CSTM) gained 6.7% to $19.83 following quarterly results.
  • Exelon Corporation (NASDAQ: EXC) rose 3.9% to $36.07 following strong results.
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© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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