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

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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