Pre-Open Stock Movers:

Evelo Biosciences, Inc. (Nasdaq: EVLO) 29.4% HIGHER; Evelo Biosciences, Rutgers University, and Robert Wood Johnson University Hospital today announced the submission of an Investigational New Drug (IND) application for an Evelo-sponsored Phase 2 clinical study evaluating the safety and efficacy of EDP1815 for the treatment of hospitalized patients with newly diagnosed COVID-19. The study will be led by Reynold A. Panettieri, Jr., M.D., Vice Chancellor for Translational Medicine and Science at Rutgers Biomedical and Health Sciences and Professor of Medicine at Rutgers Robert Wood Johnson Medical School.

Tutor Perini (NYSE: TPC) 26.7% HIGHER; reported Q1 EPS of $0.34, $0.28 better than the analyst estimate of $0.06. Revenue for the quarter came in at $1.25 billion versus the consensus estimate of $1.03 billion. Tutor Perini sees FY2020 EPS of $1.80-$2.10, versus the consensus of $1.81.

Twilio (NYSE: TWLO) 25% HIGHER; reported Q1 EPS of $0.06, $0.17 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $364.9 million versus the consensus estimate of $331.88 million. Twilio sees Q2 2020 EPS of ($0.11)-($0.08), versus the consensus of ($0.13). Twilio sees Q2 2020 revenue of $365-370 million, versus the consensus of $337.8 million.

Fastly, Inc. (NYSE: FSLY) 21% HIGHER; reported Q1 EPS of ($0.06), $0.06 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $63 million versus the consensus estimate of $59.38 million. Fastly, Inc. sees Q2 2020 EPS of ($0.02)-$0.00, versus the consensus of ($0.11). Fastly, Inc. sees Q2 2020 revenue of $70-75 million, versus the consensus of $59.97 million. Fastly, Inc. sees FY2020 EPS of ($0.15)-($0.08), versus the consensus of ($0.40). Fastly, Inc. sees FY2020 revenue of $280-290 million, versus the consensus of $259.6 million.

Realogy Holdings (NYSE: RLGY) 20.9% HIGHER; reported Q1 EPS of ($0.24), $0.34 better than the analyst estimate of ($0.58). Revenue for the quarter came in at $1.12 billion versus the consensus estimate of $1.07 billion.

U.S. Auto Parts Network (NASDAQ: PRTS) 20% HIGHER; reported Q1 EPS of ($0.03), $0.03 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $87.8 million versus the consensus estimate of $82.95 million. Net sales through the first five weeks of Q2 were up more than 40%.

Moderna (NASDAQ: MRNA) 16.3% HIGHER; said the U.S. Food and Drug Administration (FDA) completed its review of the Company’s Investigational New Drug (IND) application for its novel coronavirus (SARS-CoV-2 or COVID-19) vaccine candidate (mRNA-1273) allowing it to proceed to Phase 2 study, expected to begin shortly; finalizing protocol for Phase 3 study of mRNA-1273, expected to begin in early summer of 2020.

Nu Skin Enterprises (NYSE: NUS) 15% HIGHER; reported Q1 EPS of $0.36, $0.11 better than the analyst estimate of $0.25. Revenue for the quarter came in at $518 million versus the consensus estimate of $480.83 million. Nu Skin Enterprises sees Q2 2020 EPS of $0.42-$0.52, versus the consensus of $0.44. Nu Skin Enterprises sees Q2 2020 revenue of $520-550 million, versus the consensus of $507.2 million. Nu Skin Enterprises sees FY2020 EPS of $2.05-$2.35, versus the consensus of $2.01. Nu Skin Enterprises sees FY2020 revenue of $2.17-2.26 billion, versus the consensus of $2.11 billion.

Lyft (NASDAQ: LYFT) 14.6% HIGHER; reported Q1 EPS of ($1.31), which does not compare to the analyst estimate of ($0.64). Revenue for the quarter came in at $955.8 million versus the consensus estimate of $897.86 million.

ANGI Homeservices (NASDAQ: ANGI) 13.3% HIGHER; reported Q1 EPS of ($0.02), $0.01 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $343.6 million versus the consensus estimate of $348.22 million.

ViacomCBS (NASDAQ: VIAC) 12.6% HIGHER; reported Q1 EPS of $1.13, $0.19 better than the analyst estimate of $0.94. Revenue for the quarter came in at $6.67 billion versus the consensus estimate of $6.58 billion.

Ping Identity (NYSE: PING) 9% LOWER; reported Q1 EPS of $0.06, $0.03 better than the analyst estimate of $0.03. Revenue for the quarter came in at $61.4 million versus the consensus estimate of $59.76 million. Ping Identity sees Q2 2020 revenue of $49-53 million, versus the consensus of $62.5 million.

Benefitfocus (NASDAQ: BNFT) 9.3% HIGHER; reported Q1 EPS of ($0.21), $0.08 better than the analyst estimate of ($0.29). Revenue for the quarter came in at $66.2 million, versus $98.3 million reported last year. Benefitfocus sees Q2 2020 EPS of ($0.28)-($0.22), versus the consensus of ($0.29). Benefitfocus sees Q2 2020 revenue of $55-58 billion, versus the consensus of $64.5 billion. Benefitfocus sees FY2020 EPS of ($0.56)-($0.25), versus the consensus of ($0.59). Benefitfocus sees FY2020 revenue of $250-270 billion, versus the consensus of $293.4 billion.

Natera (NASDAQ: NTRA) 8.8% HIGHER; JPMorgan upgraded from Neutral to Overweight with a price target of $45.00 (from $32.00).

Uber (NYSE: UBER) 8% HIGHER; gains on Lyft results

Peloton (NASDAQ: PTON) 7.8% HIGHER; reported Q3 revenue of $524.6 million versus the consensus estimate of $486.62 million. Peloton sees FY2020 revenue of $1.72-1.74 billion, versus the consensus of $1.56 billion.

PayPal (NASDAQ: PYPL) reported Q1 EPS of $0.66, may not compare to the analyst estimate of $0.75. Revenue for the quarter came in at $4.62 billion versus the consensus estimate of $4.74 billion. PayPal is withdrawing its full year 2020 revenue and earnings guidance. PayPal expects Q2 revenue to grow ~13% at current spot rates and ~15% FXN.

Etsy (NASDAQ: ETSY) 6.3% LOWER; reported Q1 EPS of $0.18, in-line with the analyst estimate of $0.18. Revenue for the quarter came in at $228.06 million versus the consensus estimate of $220.21 million. In light of the impact of COVID-19, on April 2, 2020 Etsy withdrew its 2020 financial guidance, which was established based upon an assumption of stable macro conditions throughout the year. The Company has temporarily moved to providing quarterly guidance.

Smith Micro Software (NASDAQ: SMSI) 5.5% HIGHER; reported Q1 EPS of $0.05, $0.02 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $13.32 million versus the consensus estimate of $12.65 million.

3D Systems (NYSE: DDD) 4.8% LOWER; reported Q1 EPS of ($0.04), $0.01 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $134.7 million versus the consensus estimate of $140.58 million.

Square (NYSE: SQ) 3.8% LOWER; reported Q1 EPS of ($0.02), $0.15 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $1.38 billion, versus $959.36 million reported last year.