U.S. stocks were lower, with the Nasdaq Composite falling more than 100 points on Wednesday.
Shares of Toll Brothers, Inc. 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 THRM shares jumped 24.7% to $61.48 after the company reported better-than-expected fourth-quarter financial results and issued guidance.
- MediaAlpha, Inc. MAX rose 19% to $18.80 after the company reported better-than-expected fourth-quarter financial results.
- Janux Therapeutics, Inc. 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. IOVA rose 15.9% to $13.95.
- TPG RE Finance Trust, Inc. TRTX jumped 12.9% to $6.24 after the company reported fourth-quarter financial results.
- Garmin Ltd.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. WTTR gained 11.7% to $8.77 following strong earnings.
- The Hackett Group, Inc. HCKT surged 11.2% to $25.48 following upbeat results.
- Comstock Resources, Inc. CRK gained 10.7% to $8.35.
- Antero Resources Corporation AR rose 10.5% to $25.89.
- LivaNova PLC LIVN jumped 8.8% to $57.28 following upbeat earnings.
- EQT Corporation EQT gained 8.8% to $36.69.
- Wix.com Ltd. WIX gained 8.6% to $136.15 following fourth-quarter results.
- Bausch + Lomb Corporation BLCO gained 8.6% to $15.84 after reporting quarterly results.
- NeoGenomics, Inc. 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 CSTM gained 6.7% to $19.83 following quarterly results.
- Exelon Corporation EXC rose 3.9% to $36.07 following strong results.
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