Pre-Open Stock Movers 10/22: (ALGN) (BCOV) (LVS) Higher; (APTX) (AMSC) (CMG) Lower (more...)

October 22, 2020 9:22 AM EDT

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Today's Pre-Open Stock Movers

Align Technology (NASDAQ: ALGN) 26.2% HIGHER; reported Q3 EPS of $2.25, $1.71 better than the analyst estimate of $0.54. Revenue for the quarter came in at $734.1 million versus the consensus estimate of $514.4 million.

Aptinyx Inc. (Nasdaq: APTX) 21.8% LOWER; announced the pricing of its public offering of 14,000,000 shares of its common stock at a public offering price of $3.00 per share. All of the shares sold in the offering will be sold by Aptinyx. In addition, Aptinyx has granted the underwriters a 30-day option to purchase up to 2,100,000 additional shares of common stock at the public offering price, less underwriting discounts and commissions.

Helix Energy Solutions Group, Inc. (NYSE: HLX) 15% HIGHER; reported net income1 of $24.5 million, or $0.16 per diluted share, for the third quarter 2020 compared to $31.7 million, or $0.21 per diluted share, for the same period in 2019 and $5.5 million, or $0.04 per diluted share, for the second quarter 2020. Adjusted EBITDA2 was $52.7 million for the third quarter 2020 compared to $66.3 million for the third quarter 2019 and $47.9 million for the second quarter 2020.

Brightcove (NASDAQ: BCOV) 13.2% HIGHER; reported Q3 EPS of $0.11, $0.13 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $49.08 million versus the consensus estimate of $46.3 million.

SmileDirectClub, Inc. (NYSE: SDC) 11.2% HIGHER; gains on strong results from peer ALGN

RLI Corp. (NYSE: RLI) 8% HIGHER; reported Q3 EPS of $0.42, $0.25 better than the analyst estimate of $0.17.

Las Vegas Sands (NYSE: LVS) 5.9% HIGHER; reported Q3 EPS of ($0.67), $0.08 worse than the analyst estimate of ($0.59). Revenue for the quarter came in at $586 million versus the consensus estimate of $784.85 million.

NuCana (NASDAQ: NCNA) 5.7% HIGHER; Truist Securities initiates coverage on with a Buy rating and a price target of $22.00.

Discover Financial Services (NYSE: DFS) 5.4% HIGHER; reported Q3 EPS of $2.45, $0.92 better than the analyst estimate of $1.53.

Axalta Coating Systems (NYSE: AXTA) 5% HIGHER; reported Q3 EPS of $0.00, $0.33 worse than the analyst estimate of $0.33. Revenue for the quarter came in at $1.03 billion versus the consensus estimate of $954.27 million.

Whirlpool (NYSE: WHR) 4.7% HIGHER; reported Q3 EPS of $6.91, $3.16 better than the analyst estimate of $3.75. Revenue for the quarter came in at $5.29 billion versus the consensus estimate of $4.61 billion. Whirlpool sees FY2020 EPS of $17.50-$18.00, versus the consensus of $13.02. Full-year 2020 net sales decline of 5 percent to 7 percent and organic net sales(5) of 0 percent to a decline of 1 percent.

American Superconductor Corporation (Nasdaq: AMSC) 4.3% LOWER; intends to offer and sell shares of its common stock in an underwritten public offering.

Chipotle Mexican Grill (NYSE: CMG) 4% LOWER; reported Q3 EPS of $3.76, $0.36 better than the analyst estimate of $3.40. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.59 billion. Comparable restaurant sales increased 8.3%. Digital sales grew 202.5% and accounted for 48.8% of sales for the quarter

CSX Corp. (NASDAQ: CSX) 3.9% HIGHER; reported Q3 EPS of $0.96, $0.04 better than the analyst estimate of $0.92. Revenue for the quarter came in at $2.65 billion versus the consensus estimate of $2.68 billion. CSX also announced the Board authorized a new share repurchase program, providing $5 billion of incremental authority to the approximately $1.1 billion remaining under the existing share repurchase program. This new program affirms CSX’s commitment to continued return of capital to shareholders.

Tractor Supply (NASDAQ: TSCO) 3.8% LOWER; reported Q3 EPS of $1.62, $0.29 better than the analyst estimate of $1.33. Revenue for the quarter came in at $2.61 billion versus the consensus estimate of $2.39 billion.

Tesla (NASDAQ: TSLA) 3.2% HIGHER; reported Q3 EPS of $0.76, $0.20 better than the analyst estimate of $0.56. Revenue for the quarter came in at $8.77 billion versus the consensus estimate of $8.26 billion.

Edwards Lifesciences (NYSE: EW) 3.2% LOWER; reported Q3 EPS of $0.51, $0.07 better than the analyst estimate of $0.44. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.08 billion. Edwards Lifesciences sees FY2020 EPS of $1.85-$1.95, versus prior of $1.75-$1.95 and the consensus of $1.84.

Peloton Interactive (NASDAQ: PTON) 2.8% LOWER; Goldman Sachs downgraded from Buy to Neutral with a price target of $138.00.



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