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After-hours stock movers: Novavax sinks on results, B&G Foods gains

AuthorInvesting.com Türkiye
Published 02/28/2023, 05:43 PM
Updated 02/28/2023, 05:59 PM
© Reuters. 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 $383.14M. 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 $623.2M versus the consensus estimate of $583.86M.

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 $258.4M versus the consensus estimate of $250.4M.

Figs Inc (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 $144.9M versus the consensus estimate of $134.12M.

Rivian Automotive Inc (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 $663M versus the consensus estimate of $729M. 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 $1B versus the consensus estimate of $1B. First Solar sees FY2023 EPS of $7.00-$8.00, versus the consensus of $4.77. First Solar sees FY2023 revenue of $3.4-3.6B, versus the consensus of $3.34B.

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 $1.51B versus the consensus estimate of $1.6B. 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 dividend.

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 $13.8B versus the consensus estimate of $14.15B. HP Inc. sees Q2 2023 EPS of $0.73-$0.83, versus the consensus of $0.7.

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