WTTR - Toll Brothers Posts Upbeat Earnings Joins Exelon Garmin Bausch + Lomb And Other Big Stocks Moving Higher On Wednesday | Benzinga
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.