Pre-Open Stock Movers 02/07: (IRBT) (LCI) (STI) Higher; (SLDB) (OSUR) (GRUB) Lower (more...)

February 7, 2019 9:27 AM

Today's Pre-Open Movers

Solid Biosciences (Nasdaq: SLDB) 72.8% LOWER; announced today preliminary findings from IGNITE DMD, the Companys Phase I/II dose-ascending clinical trial evaluating the safety and efficacy of SGT-001 microdystrophin gene transfer for the treatment of Duchenne muscular dystrophy (DMD). Initial three-month biopsy data showed low levels of microdystrophin protein expression. The Company is currently engaging with the appropriate parties to dose escalate as planned and as soon as possible.

OraSure Technologies (NASDAQ: OSUR) 18% LOWER; reported Q4 EPS of $0.16, $0.05 better than the analyst estimate of $0.11. Revenue for the quarter came in at $50.2 million versus the consensus estimate of $47.8 million. OraSure Technologies sees Q1 2019 EPS of ($0.06)-($0.07), versus the consensus of $0.07. OraSure Technologies sees Q1 2019 revenue of $29-30.5 million, versus the consensus of $45.4 million.

Hain Celestial (NASDAQ: HAIN) 15.2% LOWER; reported Q2 EPS of $0.14, $0.12 worse than the analyst estimate of $0.26. Revenue for the quarter came in at $584.2 million versus the consensus estimate of $613.15 million. Hain Celestial sees FY2019 EPS of $0.60-$0.70, versus the consensus of $1.14. Hain Celestial sees FY2019 revenue of $2.32-2.35 billion, versus the consensus of $2.45 billion.

iRobot Corp. (NASDAQ: IRBT) 14.2% HIGHER; reported Q4 EPS of $0.84, $0.34 better than the analyst estimate of $0.50. Revenue for the quarter came in at $384.7 million versus the consensus estimate of $381.26 million. iRobot Corp. sees FY2019 EPS of $3.00-$3.25, versus the consensus of $2.88. iRobot Corp. sees FY2019 revenue of $1.28-1.3 billion, versus the consensus of $1.28 billion.

Grubhub (NYSE: GRUB) 13.2% LOWER; reported Q4 EPS of $0.19, $0.09 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $288 million versus the consensus estimate of $290.72 million.

Tapestry (NYSE: TPR) 11.4% LOWER; reported Q2 EPS of $1.07, $0.04 worse than the analyst estimate of $1.11. Revenue for the quarter came in at $1.8 billion versus the consensus estimate of $1.86 billion. Tapestry sees FY2019 EPS of $2.55-$2.60, versus the consensus of $2.79.

Lannett (NYSE: LCI) 10.6% HIGHER; reported Q2 EPS of $0.86, $0.19 better than the analyst estimate of $0.67. Revenue for the quarter came in at $193.72 million versus the consensus estimate of $162.43 million. Lannett sees FY2019 revenue of $615-635 million, versus the consensus of $598.78 million.

Match Group (NASDAQ: MTCH) 10.1% HIGHER; reported Q4 EPS of $0.39, $0.01 better than the analyst estimate of $0.38. Revenue for the quarter came in at $457 million versus the consensus estimate of $448.43 million.

SunTrust Banks, Inc. (NYSE: STI) 10.7% HIGHER; SunTrust and BB&T Corporation (NYSE: BBT) announced today that both companies' boards of directors have unanimously approved a definitive agreement to combine in an all-stock merger of equals valued at approximately $66 billion. The combined company will be the sixth-largest U.S. bank based on assets and deposits.

Chipotle Mexican Grill (NYSE: CMG) 9.9% HIGHER; reported Q4 EPS of $1.72, $0.41 better than the analyst estimate of $1.31. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.19 billion. Comparable restaurant sales increased 6.1%, which included 2.0% of comparable restaurant transactions growth

Moelis & Company (NYSE: MC) 9.9% HIGHER; reported Q4 EPS of $0.77, $0.10 better than the analyst estimate of $0.67. Revenue for the quarter came in at $238.3 million versus the consensus estimate of $224.54 million.

FireEye (NASDAQ: FEYE) 7.7% LOWER; reported Q4 EPS of $0.06, $0.01 better than the analyst estimate of $0.05. Revenue for the quarter came in at $218 million versus the consensus estimate of $216.77 million. FireEye sees Q1 2019 EPS of $0.02-$0.04, versus the consensus of $0.01. FireEye sees Q1 2019 revenue of $208-212 million, versus the consensus of $211.3 million. FireEye sees FY2019 EPS of $0.17-$0.21, versus the consensus of $0.19. FireEye sees FY2019 revenue of $880-890 million, versus the consensus of $889.53 million.

Twitter (NYSE: TWTR) 7.3% LOWER; reported Q4 EPS of $0.31, $0.06 better than the analyst estimate of $0.25. Revenue for the quarter came in at $908.8 million versus the consensus estimate of $869.5 million. Twitter sees Q1 2019 revenue of $715-775 million, versus the consensus of $762.43 million.

RumbleOn, Inc. (NASDAQ: RMBL) 7.1% LOWER; announced that it is proposing to offer and sell, subject to market conditions, shares of its Class B Common Stock in an underwritten public offering.

Pluristem Therapeutics (NASDAQ: PSTI) 6.8% LOWER; filed to offer $50 million in common stock via an open market sales agreement with Jefferies.

Sarepta Therapeutics (NASDAQ: SRPT) 6.5% HIGHER; Following Data From Rival Solid Biosciences (Nasdaq: SLDB), Solid Biosciences Plunges 64%

HanesBrands (NYSE: HBI) 6.4% HIGHER; reported Q4 EPS of $0.48, $0.02 better than the analyst estimate of $0.46. Revenue for the quarter came in at $1.77 billion versus the consensus estimate of $1.71 billion. HanesBrands sees Q1 2019 EPS of $0.24-$0.26, versus the consensus of $0.28. HanesBrands sees Q1 2019 revenue of $1.52-1.55 billion, versus the consensus of $1.48 billion. HanesBrands sees FY2019 EPS of $1.72-$1.80, versus the consensus of $1.80. HanesBrands sees FY2019 revenue of $6.885-6.985 billion, versus the consensus of $6.79 billion.

Cardinal Health (NYSE: CAH) 6.4% HIGHER; reported Q2 EPS of $1.29, $0.20 better than the analyst estimate of $1.09. Revenue for the quarter came in at $37.74 billion versus the consensus estimate of $36.1 billion. Cardinal Health sees FY2019 EPS of $4.97-$5.17, versus the consensus of $5.00.

Sonos (NASDAQ: SONO) 6% LOWER; reported Q1 EPS of $0.55, $0.15 better than the analyst estimate of $0.40. Revenue for the quarter came in at $496 million versus the consensus estimate of $490.53 million. Notes reduced sell-through velocity toward end of Q1.

NXP Semiconductors (NASDAQ: NXPI) 4.8% LOWER; reported Q4 EPS of $0.94, which may not compare to the analyst estimate of $2.08. Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.38 billion. NXP Semiconductors sees Q1 2019 revenue of $2.02-2.16 billion, versus the consensus of $2.26 billion.

Zynga (NASDAQ: ZNGA) 4.7% HIGHER; reported Q4 EPS of $0.00, $0.04 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $249 million versus the consensus estimate of $260.23 million. Zynga sees Q1 2019 revenue of $240 million, versus the consensus of $242.17 million. Zynga sees FY2019 revenue of $1.15 billion, versus the consensus of $1.07 billion.

BB&T Corporation (NYSE: BBT) 4.7% HIGHER; SunTrust and BB&T Corporation (NYSE: BBT) announced today that both companies' boards of directors have unanimously approved a definitive agreement to combine in an all-stock merger of equals valued at approximately $66 billion. The combined company will be the sixth-largest U.S. bank based on assets and deposits.

IAC (NYSE: IAC) 4.6% HIGHER; up on MTCH results

Dunkin' Brands (NASDAQ: DNKN) 4.4% LOWER; reported Q4 EPS of $0.68, $0.07 better than the analyst estimate of $0.61. Revenue for the quarter came in at $319.6 million versus the consensus estimate of $329.43 million. Dunkin' Brands sees FY2019 EPS of $2.94-$2.99, versus the consensus of $2.99.

Trimble (NASDAQ: TRMB) 3.2% LOWER; reported Q4 EPS of $0.48, $0.02 better than the analyst estimate of $0.46. Revenue for the quarter came in at $792.9 million versus the consensus estimate of $809.82 million. Trimble sees Q1 2019 EPS of $0.44-$0.48, versus the consensus of $0.49. Trimble sees Q1 2019 revenue of $795-820 million, versus the consensus of $821.88 million.

Marvell Technology Group Ltd. (NASDAQ: MRVL) 3% LOWER; announced an estimated revenue range for its fourth quarter of fiscal 2019, which ended on February 2, 2019. Marvell now expects its fourth-quarter fiscal 2019 preliminary unaudited revenue to be in the range of $735 million to $745 million, below its previously announced guidance range of $790 million to $830 million. (Street sees Q4 revenue of $810.41 million)

Biogen (NASDAQ: BIIB) 2.8% LOWER; Tecfidera Patent Gets IPR Review on Mylan (MYL) Bid

New Relic (NYSE: NEWR) 2.6% HIGHER; reported Q3 EPS of $0.19, $0.07 better than the analyst estimate of $0.12. Revenue for the quarter came in at $124 million versus the consensus estimate of $120.11 million. New Relic sees Q4 2019 EPS of $0.04-$0.06, versus the consensus of $0.03. New Relic sees Q4 2019 revenue of $126.5-128.8 million, versus the consensus of $126.01.

O'Reilly Automotive (NASDAQ: ORLY) 2.5% HIGHER; reported Q4 EPS of $3.72, $0.03 worse than the analyst estimate of $3.75. Revenue for the quarter came in at $2.31 billion versus the consensus estimate of $2.33 billion. 4th quarter comparable store sales increase of 3.3%, full-year increase of 3.8%. O'Reilly Automotive sees Q1 2019 EPS of $3.92-$4.02, versus the consensus of $4.07. Sees comps up 3-5%. O'Reilly Automotive sees FY2019 EPS of $17.37-$17.47, versus the consensus of $17.81. O'Reilly Automotive sees FY2019 revenue of $10-10.3 billion, versus the consensus of $10.09 billion. Sees comps up 3-5%.

Fortinet (NASDAQ: FTNT) 2.2% HIGHER; reported Q4 EPS of $0.59, $0.07 better than the analyst estimate of $0.52. Revenue for the quarter came in at $507 million versus the consensus estimate of $496.35 million. Fortinet sees Q1 2019 EPS of $0.37-$0.39, versus the consensus of $0.41. Fortinet sees Q1 2019 revenue of $465-475 million, versus the consensus of $470 million. Fortinet sees FY2019 EPS of $2.05-$2.10, versus the consensus of $2.01. Fortinet sees FY2019 revenue of $2.06-2.1 billion, versus the consensus of $2.06 billion.

GoPro (NASDAQ: GPRO) 1.9% HIGHER; reported Q4 EPS of $0.30, $0.05 better than the analyst estimate of $0.25. Revenue for the quarter came in at $377 million versus the consensus estimate of $368.87 million.

Categories

Special Reports

Next Articles