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

Author: Avi Kapoor | February 21, 2024 11:47am

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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Posted In: AR BLCO CRK CSTM EQT EXC GRMN HCKT IOVA JANX LIVN MAX NEO THRM TOL TRTX WIX WTTR