Pre-Open Stock Movers 03/03: (IOT) (PSTG) (PLAN) Higher; (WEAV) (SNOW) (BURL) Lower (more...)
Pre-Open Stock Movers:
Weave Communications (NYSE: WEAV) 30.9% LOWER; reported Q4 EPS of ($0.26), $0.01 worse than the analyst estimate of ($0.25). Revenue for the quarter came in at $31.8 million versus the consensus estimate of $32.12 million. Weave Communications sees FY2022 revenue of $136-140 million, versus the consensus of $152.3 million.
Snowflake (NYSE: SNOW) 17.8% LOWER; reported Q4 EPS of ($0.43), $0.45 worse than the analyst estimate of $0.02. Revenue for the quarter came in at $383.8 million versus the consensus estimate of $372.7 million. Snowflake sees Q1 2023 revenue of $383-388 million, versus the consensus of $410 million.
Samsara Inc (NYSE: IOT) 14.7% HIGHER; reported Q4 EPS of ($0.05), $0.02 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $125.8 million versus the consensus estimate of $116.34 million. Samsara Inc sees FY2023 EPS of ($0.27)-($0.25), versus the consensus of ($0.31). Samsara Inc sees FY2023 revenue of $568-578 million, versus the consensus of $548 million.
Burlington Stores (NYSE: BURL) 11.9% LOWER; reported Q4 EPS of $2.53, $0.74 worse than the analyst estimate of $3.27. Revenue for the quarter came in at $2.6 billion versus the consensus estimate of $2.79 billion.
Pure Storage, Inc. (NYSE: PSTG) 10.8% HIGHER; reported Q4 EPS of $0.36, $0.10 better than the analyst estimate of $0.26. Revenue for the quarter came in at $708.6 million versus the consensus estimate of $629.26 million. Pure Storage, Inc. sees Q1 2023 revenue of $520 million, versus the consensus of $512 million. Pure Storage, Inc. sees FY2023 revenue of $2.6 billion, versus the consensus of $2.48 billion.
Anaplan, Inc. (NYSE: PLAN) 8.7% HIGHER; reported Q4 EPS of ($0.11), in-line with the analyst estimate of ($0.11). Revenue for the quarter came in at $162.7 million versus the consensus estimate of $154.71 million. Anaplan, Inc. sees Q1 2023 revenue of $164.5-165.5 million, versus the consensus of $163.6 million. Anaplan, Inc. sees FY2023 revenue of $745 million, versus the consensus of $729.65 million.
Turtle Beach (NASDAQ: HEAR) 8.7% LOWER; reported Q4 EPS of $0.16, $0.06 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $109.4 million versus the consensus estimate of $108.2 million.
Everspin Technologies, Inc. (NASDAQ: MRAM) 6.8% HIGHER; reported Q4 EPS of $0.22, $0.10 better than the analyst estimate of $0.12. Revenue for the quarter came in at $18.2 million versus the consensus estimate of $16.55 million. Everspin Technologies, Inc. sees Q1 GAAP 2022 EPS of ($0.03)-$0.00, which may not compare to the consensus of $0.03. Everspin Technologies, Inc. sees Q1 2022 revenue of $13.4-14.2 million, versus the consensus of $13.2 million.
Big Lots (NYSE: BIG) 6.7% LOWER; reported Q4 EPS of $1.75, $0.15 worse than the analyst estimate of $1.90. Revenue for the quarter came in at $1.73 billion versus the consensus estimate of $1.72 billion. Big Lots sees Q1 2022 EPS of $1.10-$1.20, versus the consensus of $1.28.
Box (NYSE: BOX) 5.9% HIGHER; reported Q4 EPS of $0.24, $0.01 better than the analyst estimate of $0.23. Revenue for the quarter came in at $233.4 million versus the consensus estimate of $228.79 million. Box sees Q1 2023 EPS of $0.24-$0.25, versus the consensus of $0.24. Box sees Q1 2023 revenue of $233-235 million, versus the consensus of $230 million. Box sees FY2023 EPS of $1.10-$1.14, versus the consensus of $1.10. Box sees FY2023 revenue of $990-996 million, versus the consensus of $980 million.
Okta, Inc. (NASDAQ: OKTA) 5.9% LOWER; reported Q4 EPS of ($0.18), $0.06 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $383 million versus the consensus estimate of $359.79 million. Okta, Inc. sees Q1 2023 EPS of ($0.35)-($0.34), versus the consensus of ($0.20). Okta, Inc. sees Q1 2023 revenue of $388-390 million, versus the consensus of $374.85 million. Okta, Inc. sees FY2023 EPS of ($1.27)-($1.24), versus the consensus of ($0.49). Okta, Inc. sees FY2023 revenue of $1.78-1.79 billion, versus the consensus of $1.75 billion.
Kroger (NYSE: KR) 5.7% HIGHER; reported Q4 EPS of $0.91, $0.19 better than the analyst estimate of $0.72. Revenue for the quarter came in at $33 billion versus the consensus estimate of $32.71 billion. Kroger sees FY2022 EPS of $3.75-$3.85, versus the consensus of $3.45.
Best Buy (NYSE: BBY) 5.2% HIGHER; reported Q4 EPS of $2.73, in-line the analyst estimate of $2.73. Revenue for the quarter came in at $16.37 billion versus the consensus estimate of $16.59 billion. Best Buy sees 2023 EPS of $8.85-$9.15, versus the consensus of $9.16. Best Buy sees 2023 revenue of $49.3-50.8 billion, versus the consensus of $51.05 billion.
C3.ai (NYSE: AI) 4.6% LOWER; reported Q3 EPS of ($0.07), $0.20 better than the analyst estimate of ($0.27). Revenue for the quarter came in at $69.8 million versus the consensus estimate of $66.78 million. C3.ai sees FY2022 revenue of $252 million, versus the consensus of $249.54 million.
Datadog, Inc. (NASDAQ: DDOG) 1.8% LOWER; falls on SNOW results, guidance.
Intel (NASDAQ: INTC) 1.5% LOWER; Morgan Stanley downgraded from Equalweight to Underweight with a price target of $47.00 (from $55.00).