After-hours stock movers: Novavax sinks on results, B&G Foods gains
After-Hours Movers:
Novavax (NASDAQ: NVAX) 25% LOWER; reported Q4 EPS of ($2.28), $1.09 worse than the analyst estimate of ($1.19). Revenue for the quarter came in at $357 million versus the consensus estimate of $383.14 million. Announces 'Going Concern' Qualification.
B&G Foods (NYSE: BGS) 16% HIGHER; reported Q4 EPS of $0.40, $0.18 better than the analyst estimate of $0.22. Revenue for the quarter came in at $623.2 million versus the consensus estimate of $583.86 million.
Sarepta Therapeutics (NASDAQ: SRPT) 16% HIGHER; reported Q4 EPS of ($1.24), $0.23 better than the analyst estimate of ($1.47). Revenue for the quarter came in at $258.4 million versus the consensus estimate of $250.4 million.
FIGS (NYSE: FIGS) 12% LOWER; reported Q4 EPS of $0.05, $0.04 better than the analyst estimate of $0.01. Revenue for the quarter came in at $144.9 million versus the consensus estimate of $134.12 million.
Rivian Automotive (NASDAQ: RIVN) 8% LOWER; reported Q4 EPS of ($1.87), $0.09 better than the analyst estimate of ($1.96). Revenue for the quarter came in at $663 million versus the consensus estimate of $729 million. Sees FY 2023 vehicles produced of 50,000, and adj-EBITDA of ($4.3) billion.
First Solar (NASDAQ: FSLR) 3% HIGHER; reported Q4 EPS of ($0.07), $0.10 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $1 billion versus the consensus estimate of $1 billion. First Solar sees FY2023 EPS of $7.00-$8.00, versus the consensus of $4.77. First Solar sees FY2023 revenue of $3.4-3.6 billion, versus the consensus of $3.34 billion.
Monster Beverage (NASDAQ: MNST) 2% LOWER; reported Q4 EPS of $0.57, $0.06 worse than the analyst estimate of $0.63. Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.6 billion. The Company today announced that its Board of Directors has approved and declared a 2-for-1 split of its common stock that will be effected in the form of a 100% stock dividen
HP Inc. (NYSE: HPQ) 2% HIGHER; reported Q1 EPS of $0.75, $0.01 better than the analyst estimate of $0.74. Revenue for the quarter came in at $13.8 billion versus the consensus estimate of $14.15 billion. HP Inc. sees Q2 2023 EPS of $0.73-$0.83, versus the consensus of $0.7
