Pre-Open Stock Movers 08/27: (BILL) (WDAY) (GPS) Higher; (SAVA) (APLT) (OLLI) Lower (more...)
Pre-Open Stock Movers:
Support.com, Inc. (NASDAQ: SPRT) 119% HIGHER; sees continued momentum run-up
Cassava Sciences (NASDAQ: SAVA) 25.3% LOWER; Quanterix (NASDAQ: QTRX) says it did not interpret the test results or prepare the data charts presented
Applied Therapeutics (NASDAQ: APLT) 17.9% LOWER; Goldman Sachs downgraded from Neutral to Sell with a price target of $10.00 (from $16.00).
Ollie's Bargain Outlet (NASDAQ: OLLI) 14.9% LOWER; reported Q2 EPS of $0.52, $0.03 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $415.9 million versus the consensus estimate of $435.75 million.
Big Lots (NYSE: BIG) 14% LOWER; reported Q2 EPS of $1.09, $0.04 worse than the analyst estimate of $1.13. Revenue for the quarter came in at $1.46 billion versus the consensus estimate of $1.48 billion. Big Lots sees FY2021 EPS of $5.9-6.05, versus the consensus of $6.74.
Bill.com (NYSE: BILL) 14% HIGHER; reported Q4 EPS of ($0.07), $0.03 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $78.3 million versus the consensus estimate of $61.98 million. Bill.com sees FY2022 EPS of ($0.92)-($0.88). Bill.com sees FY2022 revenue of $476-480 million.
Workday (NASDAQ: WDAY) 7.6% HIGHER; reported Q2 EPS of $1.23, $0.45 better than the analyst estimate of $0.78. Revenue for the quarter came in at $1.26 billion versus the consensus estimate of $1.24 billion. Raises outlook.
Gap, Inc. (NYSE: GPS) 6.9% HIGHER; reported Q2 EPS of $0.70, $0.29 better than the analyst estimate of $0.41. Revenue for the quarter came in at $4.2 billion versus the consensus estimate of $4.12 billion. Gap, Inc. sees FY2021 EPS of $2.10-$2.25, versus the consensus of $1.78.
Domo, Inc. (NASDAQ: DOMO) 6% LOWER; reported Q2 EPS of ($0.30), $0.06 better than the analyst estimate of ($0.36). Revenue for the quarter came in at $62.8 million versus the consensus estimate of $60.76 million. Domo, Inc. sees Q3 2022 EPS of ($0.33)-($0.37), versus the consensus of ($0.37). Domo, Inc. sees Q3 2022 revenue of $63.5-64.5 million, versus the consensus of $63.42 million. Domo, Inc. sees FY2022 EPS of ($1.31)-($1.39), versus the consensus of ($1.34). Domo, Inc. sees FY2022 revenue of $252-256 million, versus the consensus of $250.96 million.
VMware (NYSE: VMW) 5.9% LOWER; reported Q2 EPS of $1.75, $0.11 better than the analyst estimate of $1.64. Revenue for the quarter came in at $3.14 billion versus the consensus estimate of $3.1 billion.
MultiPlan Corporation (NYSE: MPLN) 3.7% HIGHER; today announced that its Board of Directors has approved a share repurchase program authorizing the Company to repurchase up to $250 million of its Class A common stock from time to time in open market transactions at prevailing prices or by other means in accordance with federal securities laws. The repurchase program is effective immediately and is expected to be completed before it expires on December 31, 2022.
Marvell Technology (NASDAQ: MRVL) 3.1% LOWER; reported Q2 EPS of $0.34, $0.03 better than the analyst estimate of $0.31. Revenue for the quarter came in at $1.08 billion versus the consensus estimate of $1.07 billion. Marvell Technology sees Q3 2022 EPS of $0.35-$0.41, versus the consensus of $0.37. Marvell Technology sees Q3 2022 revenue of $1.145 billion, versus the consensus of $1.15 billion.
Peloton (NASDAQ: PTON) 2.8% LOWER; reported Q4 EPS of ($1.05), $0.61 worse than the analyst estimate of ($0.44). Revenue for the quarter came in at $937 million versus the consensus estimate of $921.66 million. Peloton sees Q1 2022 revenue of $800 million, versus the consensus of $1060 million.
Dell Technologies (NYSE: DELL) 2.5% LOWER; reported Q2 EPS of $2.24, $0.21 better than the analyst estimate of $2.03. Revenue for the quarter came in at $26.12 billion versus the consensus estimate of $25.5 billion.
HP Inc. (NYSE: HPQ) 2% LOWER; reported Q3 EPS of $1.00, $0.16 better than the analyst estimate of $0.84. Revenue for the quarter came in at $15.29 billion versus the consensus estimate of $15.91 billion. HP Inc. sees Q4 2021 EPS of $0.84-$0.90, versus the consensus of $0.81.