After-Hours Stock Movers 11/30: (BLUE) (TLYS) (COL) Higher; (PTN) (GES) (BEAV) Lower (more...)

November 30, 2016 6:21 PM EST

News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here.

Today's After-Hours Movers

Palatin Technologies, Inc (NYSE: PTN) 27.8% LOWER; commenced an underwritten public offering, subject to market and other conditions, to issue and sell shares of its common stock and warrants to purchase shares of its common stock. There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

bluebird bio, Inc. (Nasdaq: BLUE) 22.3% HIGHER; announced that interim data from its ongoing Phase 1 clinical study of bb2121, the companys investigational anti-BCMA CAR T cell product candidate in patients with relapsed/refractory multiple myeloma, will be presented on Thursday, December 1, 2016 at the 28th EORTC-NCI-AACR Molecular Targets and Cancer Therapeutics Symposium in Munich, Germany. bluebird bio is developing bb2121 in collaboration with Celgene Corporation.

Tilly's, Inc. (NYSE: TLYS) 17% HIGHER; reported Q3 EPS of $0.22, $0.11 better than the analyst estimate of $0.11. Revenue for the quarter came in at $152.1 million versus the consensus estimate of $143 million. GUIDANCE: Tilly's, Inc. sees Q4 2016 EPS of $0.15-$0.20, versus the consensus of $0.18.

Guess? (NYSE: GES) 13.5% LOWER; reported Q3 EPS of $0.11, $0.03 worse than the analyst estimate of $0.14. Revenue for the quarter came in at $536.3 million versus the consensus estimate of $548.37 million. GUIDANCE: Guess? sees Q4 2017 EPS of $0.40-$0.50. Guess? sees FY2017 EPS of $0.42-$0.52.

La-Z-Boy (NYSE: LZB) 5.4% HIGHER; reported Q2 EPS of $0.42, $0.04 better than the analyst estimate of $0.38. Revenue for the quarter came in at $376.6 million versus the consensus estimate of $376.29 million. Raises dividend.

Semtech (NASDAQ: SMTC) 4% HIGHER; reported Q3 EPS of $0.37, $0.01 better than the analyst estimate of $0.36. Revenue for the quarter came in at $137.2 million versus the consensus estimate of $138.5 million. GUIDANCE: Semtech sees Q4 2017 EPS of $0.33-$0.37. Semtech sees Q4 2017 revenue of $134-142 million.

B/E Aerospace (NASDAQ: BEAV) 3.5% LOWER; Starboard said to push Rockwell Collins (NYSE: COL) to reconsider B/E deal, according to Bloomberg. Other top-25 investors are on board with Rockwell rejecting the B/E merger and want the company to explore a sale instead.

Fred's, Inc. (NASDAQ: FRED) 3% HIGHER; announced that it is rescheduling the release of its third quarter results and November sale

Skechers USA (NYSE: SKX) 3% HIGHER; CEO, Robert Greenberg, bought 500,000 share from 11/28-11/29 at prices from $21.18-$21.75

Rockwell Collins (NYSE: COL) 2.6% HIGHER; Starboard said to push Rockwell Collins (NYSE: COL) to reconsider B/E deal, according to Bloomberg. Other top-25 investors are on board with Rockwell rejecting the B/E merger and want the company to explore a sale instead.

Rexnord Corporation (NYSE: RXN) 2.3% LOWER; announced the commencement of an underwritten public offering of 7,000,000 depositary shares, each of which represents a 1/20th interest in a share of its Series A Mandatory Convertible Preferred Stock (“Mandatory Convertible Preferred Stock”). The underwriters of the offering have an option to buy up to 1,050,000 additional depositary shares to cover over-allotments.

Synopsys (NASDAQ: SNPS) 2% LOWER; reported Q4 EPS of $0.77, in-line with the analyst estimate of $0.77. Revenue for the quarter came in at $633.7 million versus the consensus estimate of $628.41 million. GUIDANCE: Synopsys sees Q1 2017 EPS of $0.77-$0.80, versus the consensus of $0.76. Synopsys sees Q1 2017 revenue of $630-645 million, versus the consensus of $606.21 million.

Synopsys sees FY2017 EPS of $3.16-$3.23. Synopsys sees FY2017 revenue of $2.57-2.6 billion.

Xencor, Inc. (Nasdaq: XNCR) 2% LOWER; announced that it intends to offer and sell, subject to market and other conditions, shares of its common stock in an underwritten public offering. Xencor expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock offered in the public offering. All of the shares are being offered by Xencor. There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Pure Storage, Inc. (NYSE: PSTG) 1% HIGHER; reported Q3 EPS of ($0.10), $0.05 better than the analyst estimate of ($0.15). Revenue for the quarter came in at $197 million versus the consensus estimate of $192.36 million. GUIDANCE: Pure Storage, Inc. sees FY2017 revenue of $219-227 million, versus the consensus of $221.2 million. Non-GAAP gross margin in the range of 64% to 67%; Non-GAAP operating margin in the range of -9% to -5%.

Box (NYSE: BOX) 0.5% HIGHER; reported Q3 EPS of ($0.14), $0.05 better than the analyst estimate of ($0.19). Revenue for the quarter came in at $102.8 million versus the consensus estimate of $100.64 million. GUIDANCE: Box sees Q4 2017 EPS of ($0.14)-($0.13), versus the consensus of ($0.16). Box sees Q4 2017 revenue of $108-109 million, versus the consensus of $108.8 million. Box sees FY2017 EPS of ($0.60)-($0.59), versus prior guidance of ($0.69)-($0.67) and the consensus of ($0.68). Box sees FY2017 revenue of $397-398 million, versus prior guidance of $394-396 million and the consensus of $395.2 million.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Special Reports

Related Entities

After-Hours Movers, Definitive Agreement

Add Your Comment