Pre-Open Movers 07/29: (KODK) (BGFV) (TUP) Higher; (BOXL) (RRD) (STX) Lower (more...)
Today's Pre-Open Stock Movers
Eastman Kodak Company (NYSE: KODK) 117% HIGHER; adds to 200%+ gains on Tuesday as Trump mentioned the deal to produce drug ingredients
Big 5 Sporting Goods (NASDAQ: BGFV) 47% HIGHER; reported Q2 EPS of $0.52, versus $0.00 reported last year. Revenue for the quarter came in at $227.94 million, versus $240.97 million reported last year.
Tupperware Brands (NYSE: TUP) 28.6% HIGHER; reported Q2 EPS of $0.84, $0.70 better than the analyst estimate of $0.14. Revenue for the quarter came in at $397.4 million versus the consensus estimate of $316.2 million.
Brink's (NYSE: BCO) 28% HIGHER; reported Q2 EPS of $0.67, $0.79 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $826 million versus the consensus estimate of $724.88 million.
L Brands, Inc. (NYSE: LB) 23.9% HIGHER; provided an update on actions the company is taking to drive long-term shareholder value and toward establishing Bath & Body Works as a pure-play public company and preparing the Victorias Secret Lingerie, Victorias Secret Beauty and PINK businesses (collectively, Victorias Secret) to operate as a separate, standalone company. The company today announced that it expects to deliver approximately $400 million in annualized cost reductions through its profit improvement plan for Victorias Secret and actions to decentralize and streamline shared corporate and other functions.
U.S. Xpress Enterprises (NYSE: USX) 19% HIGHER; reported Q2 EPS of $0.18, $0.31 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $422.5 million versus the consensus estimate of $414.76 million.
Community Health Systems (NYSE: CYH) 16.5% HIGHER; reported Q2 EPS of $0.85, $1.47 better than the analyst estimate of ($0.62). Revenue for the quarter came in at $2.52 billion versus the consensus estimate of $2.64 billion.
Arlo Technologies (NYSE: ARLO) 15.3% HIGHER; Raymond James upgraded from Market Perform to Outperform with a price target of $6.00.
Tenable Holdings, Inc. (NASDAQ: TENB) 11.3% HIGHER; reported Q2 EPS of $0.04, $0.09 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $107.2 million versus the consensus estimate of $102.18 million.
Shopify (NYSE: SHOP) 11% HIGHER; reported Q2 EPS of $1.05, $1.04 better than the analyst estimate of $0.01. Revenue for the quarter came in at $714.3 million versus the consensus estimate of $510.84 million.
Aaron's, Inc. (NYSE: AAN) 10.6% HIGHER; announced that it intends to separate into two independent, publicly-traded companies: Progressive Leasing ("Progressive") and the Aaron's Business ("Aaron's"). Both companies are expected to benefit from improved strategic focus, market-leading positions, strong free cash flow generation and well-capitalized balance sheets, enabling each to unlock substantial value creation opportunities. The separation is planned as a tax-free spin-off of Aaron's to the Company's shareholders and is expected to be completed by the end of the year.
Boxlight Corporation (Nasdaq: BOXL) 10.5% LOWER; announced it has commenced an underwritten public offering of shares of its common stock. The offering is subject to market conditions, and 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.
AMD (NASDAQ: AMD) 9.6% HIGHER; reported Q2 EPS of $0.18, $0.02 better than the analyst estimate of $0.16. Revenue for the quarter came in at $1.93 billion versus the consensus estimate of $1.86 billion. Advanced Micro Devices, Inc. sees Q3 2020 revenue of $2.55 billion, versus the consensus of $2.32 billion.
FireEye (NASDAQ: FEYE) 9.5% HIGHER; reported Q2 EPS of $0.09, $0.11 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $230 million versus the consensus estimate of $214.77 million. FireEye sees Q3 2020 EPS of $0.06-$0.08, versus the consensus of $0.02. FireEye sees Q3 2020 revenue of $225-229 million, versus the consensus of $220.11 million. FireEye sees FY2020 EPS of $0.22-$0.26, versus the consensus of $0.05. FireEye sees FY2020 revenue of $905-925 million, versus the consensus of $889.9 million.
RR Donnelley (NYSE: RRD) 8% LOWER; reported Q2 EPS of ($0.09), $0.07 better than the analyst estimate of ($0.16). Revenue for the quarter came in at $1.16 billion versus the consensus estimate of $1.15 billion.
Seagate Technology (NASDAQ: STX) 7.4% LOWER; reported Q4 EPS of $1.20, $0.09 worse than the analyst estimate of $1.29. Revenue for the quarter came in at $2.52 billion versus the consensus estimate of $2.61 billion. Seagate Technology sees Q1 2021 EPS of $0.60-$1.00, versus the consensus of $1.27. Seagate Technology sees Q1 2021 revenue of $2.1-2.5 billion, versus the consensus of $2.59 billion.
Starbucks (NASDAQ: SBUX) 6.4% HIGHER; reported Q3 EPS of ($0.46), $0.13 better than the analyst estimate of ($0.59). Revenue for the quarter came in at $4.2 billion versus the consensus estimate of $4.06 billion. Starbucks sees Q4 2020 EPS of $0.18-$0.33, versus the consensus of $0.27.
Bloom Energy Corp. (NYSE: BE) 5.9% HIGHER; reported Q2 revenue of $187.9 million versus the consensus estimate of $171.22 million.
ADP (NASDAQ: ADP) 5.4% LOWER; reported Q4 EPS of $1.14, $0.18 better than the analyst estimate of $0.96. Revenue for the quarter came in at $3.4 billion versus the consensus estimate of $3.29 billion.
Arcturus Therapeutics Holdings Inc. (NASDAQ: ARCT) 5% LOWER; announced that it intends to offer and sell shares of its common stock in an underwritten public offering. All of the shares to be sold in the offering will be offered by the Company. The offering is subject to market conditions and 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. In addition, the Company intends to grant the underwriters a thirty-day option to purchase up to an additional 15 percent of shares of its common stock offered in the public offering.
Spotify (NYSE: SPOT) 4.8% HIGHER; reported Q2 EPS of (EUR1.91), versus (EUR0.42) reported last year. Revenue for the quarter came in at EUR1.89 billion versus the consensus estimate of EUR1.67 billion.
Juniper Networks (NYSE: JNPR) 4.5% HIGHER; reported Q2 EPS of $0.35, $0.01 better than the analyst estimate of $0.34. Revenue for the quarter came in at $1.08 billion versus the consensus estimate of $1.05 billion. Juniper Networks sees Q3 2020 EPS of $0.38-$0.48, versus the consensus of $0.43. Juniper Networks sees Q3 2020 revenue of $1.075-1.175 billion, versus the consensus of $1.1 billion.
La Jolla Pharmaceutical Company (Nasdaq: LJPC) 3.9% HIGHER; announced today that its Board of Directors has appointed Larry Edwards as President and Chief Executive Officer.
Matador Resources (NYSE: MTDR) 3.6% LOWER; reported Q2 EPS of ($0.03), $0.13 better than the analyst estimate of ($0.16). Revenue for the quarter came in at $62.92 million versus the consensus estimate of $165.41 million.
eBay (NASDAQ: EBAY) 2.7% LOWER; reported Q2 EPS of $1.08, $0.02 better than the analyst estimate of $1.06. Revenue for the quarter came in at $2.9 billion versus the consensus estimate of $2.8 billion. eBay sees Q3 2020 EPS of $0.81-$0.87, versus the consensus of $0.81. eBay sees Q3 2020 revenue of $2.64-2.71 billion, versus the consensus of $2.55 billion. eBay sees FY2020 EPS of $3.47-$3.59, versus the consensus of $3.51. eBay sees FY2020 revenue of $10.56-10.75 billion, versus the consensus of $10.43 billion.