After-Hours Stock Movers 03/16: (SUMR) (PD) (WSM) Higher; (EDR) (BRLT) Lower (more...)
After-Hours Stock Movers:
SUMR Brands (NASDAQ: SUMR) 25.7% HIGHER; SUMR and Kids2, Inc. (Kids2), a global company that designs solutions to help early-stage parents and families, have entered into a definitive merger agreement pursuant to which Kids2 will acquire all of the issued and outstanding common stock of the Company for cash. Under the terms of the agreement, the Companys stockholders will receive $12.00 in cash for each share of Company common stock that they own, implying a 41.2% premium to the closing price of the Companys common stock on March 15, 2022.
PagerDuty, Inc. (NYSE: PD) 13.3% HIGHER; reported Q4 EPS of ($0.04), $0.02 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $78.5 million versus the consensus estimate of $76.08 million. PagerDuty, Inc. sees Q1 2023 EPS of ($0.09)-($0.08), versus the consensus of ($0.06). PagerDuty, Inc. sees Q1 2023 revenue of $81.5-83.5 million, versus the consensus of $80.2 million. PagerDuty, Inc. sees FY2023 EPS of ($0.23)-($0.17), versus the consensus of ($0.19). PagerDuty, Inc. sees FY2023 revenue of $360-366 million, versus the consensus of $352.7 million.
Williams-Sonoma (NYSE: WSM) 7.6% HIGHER; reported Q4 EPS of $5.42, $0.60 better than the analyst estimate of $4.82. Revenue for the quarter came in at $2.5 billion versus the consensus estimate of $2.58 billion. Also, announced today that its Board of Directors has authorized a 10% increase in the company’s quarterly cash dividend to $0.78 per share and a $1.5 billion buyback.
Endeavor Group Holdings Inc. (NYSE: EDR) 5.3% LOWER; reported Q4 EPS of ($0.07), which may not compare to the analyst estimate of $0.17. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.36 billion. Endeavor Group Holdings Inc. sees FY2022 revenue of $5.2-5.45 billion.
Semtech (NASDAQ: SMTC) 4.6% HIGHER; reported Q4 EPS of $0.70, $0.01 better than the analyst estimate of $0.69. Revenue for the quarter came in at $190.6 million versus the consensus estimate of $189.35 million. Semtech sees Q1 2023 revenue of $195-205 million, versus the consensus of $192.3 million
Forterra (NASDAQ: FRTA) 4% HIGHER; expects merger will close on or before March 22.
Vacasa, Inc. (NASDAQ: VCSA) 3% HIGHER; reported Q4 EPS of ($0.06), $0.22 better than the analyst estimate of ($0.28). Revenue for the quarter came in at $192 million versus the consensus estimate of $179.92 million. Vacasa, Inc. sees Q1 2022 revenue of $245-255 million, versus the consensus of $201.7 million. Vacasa, Inc. sees FY2022 revenue of $1.125-1.725 billion, versus the consensus of $1.08 billion.
RH (NYSE: RH) 2.8% HIGHER; gains on WSM's strong quarterly results.
Guess? (NYSE: GES) 2% HIGHER; reported Q4 EPS of $1.14, in-line with the analyst estimate of $1.14. Revenue for the quarter came in at $800 million versus the consensus estimate of $808.17 million.
Brilliant Earth (NASDAQ: BRLT) 1.5% LOWER; reported Q4 EPS of $0.11, $0.07 better than the analyst estimate of $0.04. Revenue for the quarter came in at $121.9 million versus the consensus estimate of $112.01 million. Brilliant Earth sees FY2022 revenue of $485-500 million, versus the consensus of $474 million.
