Pre-Open Stock Movers 12/03: (WDR) (OMER) (CRWD) Higher; (EXPR) (SPLK) (VERI) Lower (more...)

Pre-Open Stock Movers:

Waddell & Reed Financial, Inc. (NYSE: WDR) 48.9% HIGHER; announced it has entered into a merger agreement with Macquarie Asset Management, the asset management division of Macquarie Group (ASX: MQG; ADR: MQBKY), under which Macquarie would acquire all of the outstanding shares of Waddell & Reed for $25.00 per share in cash representing total consideration of $1.7 billion.

Express (NYSE: EXPR) 29% LOWER; reported Q3 EPS of ($1.17), $0.66 worse than the analyst estimate of ($0.51). Revenue for the quarter came in at $322.1 million versus the consensus estimate of $376.37 million.

meros (NASDAQ: OMER) 21% HIGHER; Centers for Medicare & Medicaid Services said the company's drug Omidria qualifies as a non-opioid pain management drug

Splunk (NASDAQ: SPLK) 21% LOWER; reported Q3 EPS of ($0.07), $0.16 worse than the analyst estimate of $0.09. Revenue for the quarter came in at $599 million versus the consensus estimate of $613.03 million. Splunk sees Q4 2021 revenue of $650-700 million, versus the consensus of $777.73 million.

Veritone, Inc. (Nasdaq: VERI) 19% LOWER; announced it has commenced an underwritten public offering of shares of its common stock.

CrowdStrike Holdings Inc. (NASDAQ: CRWD) 12.5% HIGHER; reported Q3 EPS of $0.08, $0.08 better than the analyst estimate of $0.00. Revenue for the quarter came in at $232.5 million versus the consensus estimate of $212.6 million. CrowdStrike Holdings Inc. sees Q4 2021 EPS of $0.08-$0.09, versus the consensus of $0.01. CrowdStrike Holdings Inc. sees Q4 2021 revenue of $245.5-250.5 million, versus the consensus of $230.3 million

Zscaler (NASDAQ: ZS) 11% HIGHER; reported Q1 EPS of $0.14, $0.08 better than the analyst estimate of $0.06. Revenue for the quarter came in at $142.6 million versus the consensus estimate of $132.31 million. Zscaler sees Q2 2021 EPS of $0.07-$0.08, versus the consensus of $0.07. Zscaler sees Q2 2021 revenue of $146-148 million, versus the consensus of $140.3 million. Zscaler sees FY2021 EPS of $0.37-$0.38, versus the consensus of $0.31. Zscaler sees FY2021 revenue of $608-612 million, versus the consensus of $588.23 million.

Funko (NASDAQ: FNKO) 6.7% LOWER; BMO Capital downgraded from Market Perform to Underperform with a price target of $5 (from $6.50).

Elastic N.V. (NYSE: ESTC) 6.5% HIGHER; reported Q2 EPS of $0.03, $0.23 better than the analyst estimate of ($0.20). Revenue for the quarter came in at $144.9 million versus the consensus estimate of $130.5 million. Elastic N.V. sees Q3 2021 EPS of ($0.16)-($0.14), versus the consensus of ($0.28). Elastic N.V. sees Q3 2021 revenue of $145-147 million, versus the consensus of $139.76 million. Elastic N.V. sees FY2021 EPS of ($0.40)-($0.32), versus the consensus of ($0.71). Elastic N.V. sees FY2021 revenue of $568-572 million, versus the consensus of $548.86 million.

Golar LNG Limited (NASDAQ: GLNG) 6.1% LOWER; announced today that it intends to offer, issue and sell to the public 11,000,000 common shares, par value $1.00 per share, through an underwritten public offering.

Okta, Inc. (NASDAQ: OKTA) 6% HIGHER; reported Q3 EPS of $0.04, $0.05 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $217.4 million versus the consensus estimate of $202.7 million. Okta, Inc. sees Q4 2021 EPS of ($0.02)-($0.01), versus the consensus of ($0.02). Okta, Inc. sees Q4 2021 revenue of $221-222 million, versus the consensus of $216.2 million. Okta, Inc. sees FY2021 EPS of $0.04-$0.05, versus the consensus of ($0.01). Okta, Inc. sees FY2021 revenue of $822-823 million, versus the consensus of $803.32 million.

Signet Jewelers (NYSE: SIG) 5.2% HIGHER; reported Q3 EPS of $0.11, $0.77 better than the analyst estimate of ($0.66). Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.14 billion.

Guess? (NYSE: GES) 5% HIGHER; reported Q3 EPS of $0.58, $0.53 better than the analyst estimate of $0.05. Revenue for the quarter came in at $569 million versus the consensus estimate of $515.58 million.

XPeng (NYSE: XPEV) 3.3% LOWER; UBS downgraded from Buy to Neutral with a price target of $59.00 (from $25.00).

Snowflake (NYSE: SNOW) 2.8% LOWER; reported Q3 EPS of ($1.01), $0.75 worse than the analyst estimate of ($0.26). Revenue for the quarter came in at $159.62 million versus the consensus estimate of $147.52 million. Snowflake sees Q4 2021 revenue of $162-167 million, versus the consensus of $176.8 million.

Sportsmans Warehouse (NASDAQ: SPWH) 2.7% HIGHER; reported Q3 EPS of $0.71, $0.24 better than the analyst estimate of $0.47. Revenue for the quarter came in at $385.7 million versus the consensus estimate of $327.83 million. Sportsmans Warehouse sees Q4 2020 EPS of $0.39-$0.45, versus the consensus of $0.26. Sportsmans Warehouse sees Q4 2020 revenue of $356-386 million, versus the consensus of $299.9 million.

Codexis, Inc. (Nasdaq: CDXS) 2.4% LOWER; announced that it has commenced an underwritten public offering of shares of its common stock.

XPO Logistics, Inc. (NYSE: XPO) 2.3% HIGHER; announced that its board of directors has unanimously approved a plan to pursue a spin-off of 100% of its logistics segment as a separate publicly traded company. XPO intends to structure the spin-off as a transaction that is tax-free to XPO shareholders and would result in XPO shareholders owning stock in both companies.

National Beverage (NASDAQ: FIZZ) 2.2% HIGHER; doubled its special dividend payout to $6.00 from $3.00.

PVH Corp. (NYSE: PVH) 1.8% LOWER; reported Q3 EPS of $1.32, $1.08 better than the analyst estimate of $0.24. Revenue for the quarter came in at $2.12 billion versus the consensus estimate of $2 billion.

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