Pre-Open Stock Movers 06/02: Microsoft Lower on Guidance Cut Due to FX; Chewy Higher on 'Beat' (more...)

Pre-Open Stock Movers:

C3.ai (AI) 20% LOWER; reported Q4 EPS of ($0.21), $0.08 better than the analyst estimate of ($0.29). Revenue for the quarter came in at $72.3 million versus the consensus estimate of $71.28 million. C3.ai sees Q1 2023 revenue of $65-67 million, versus the consensus of $74.4 million. C3.ai sees FY2023 revenue of $308-316 million, versus the consensus of $333.9 million.

Chewy (NYSE:CHWY) 17% HIGHER; reported Q1 EPS of $0.04, $0.17 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $2.43 billion versus the consensus estimate of $2.42 billion. Chewy sees Q2 2022 revenue of $2.43-2.46 billion, versus the consensus of $2.48 billion. Chewy sees FY2022 revenue of $10.2-10.4 billion, versus the consensus of $10.56 billion.

Repare Therapeutics Inc. (Nasdaq: RPTX) 17% HIGHER; entered into a worldwide license and collaboration agreement with Roche for the development and commercialization of camonsertib (also known as RP-3500), a potent and selective oral small molecule inhibitor of ATR (Ataxia-Telangiectasia and Rad3-related protein kinase) for the treatment of tumors with specific synthetic-lethal genomic alterations including those in the ATM gene (Ataxia-Telangiectasia mutated kinase). Under the collaboration, Roche will assume development of camonsertib with the potential to expand development into additional tumors and multiple combination studies.

Pure Storage, Inc. (NYSE:PSTG) 10% HIGHER; reported Q1 EPS of $0.25, better than the analyst estimate of $0.04. Revenue for the quarter came in at $620.4 million versus the consensus estimate of $522.88 million. Pure Storage, Inc. sees Q2 2023 revenue of $635 million, versus the consensus of $606.28 million. Pure Storage, Inc. sees FY2023 revenue of $2.66 billion, versus the consensus of $2.59 billion.

Blue Apron (APRN) 9% HIGHER; is launching a new offering on Walmart (NYSE:WMT).com. Starting today, consumers can purchase a selection of meal kits without a subscription, from classic menu items to family favorite recipes. Blue Apron is the first and only meal-kit provider on the Walmart Marketplace platform, which serves millions of monthly active shoppers.

Hewlett Packard Enterprise (NYSE:HPE) 7% LOWER; reported Q2 EPS of $0.44, $0.01 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $6.7 billion versus the consensus estimate of $6.79 billion. Hewlett Packard Enterprise sees Q3 2022 EPS of $0.44-$0.54, versus the consensus of $0.52. Hewlett Packard Enterprise sees FY2022 EPS of $1.96-$2.10, versus the consensus of $2.09

MongoDB (NASDAQ:MDB) 6% HIGHER; reported Q1 EPS of ($0.20), $0.11 worse than the analyst estimate of ($0.09). Revenue for the quarter came in at $285.4 million versus the consensus estimate of $266.45 million. MongoDB sees Q2 2023 EPS of ($0.31)-($0.28), versus the consensus of ($0.14). MongoDB sees Q2 2023 revenue of $279-282 million, versus the consensus of $277.85 million. MongoDB sees FY2023 EPS of ($0.31)-($0.16), versus the consensus of ($0.37). MongoDB sees FY2023 revenue of $1.172-1.192 billion, versus the consensus of $1.18 billion.

Hewlett Packard Enterprise (HPE) 7% LOWER; reported Q2 EPS of $0.44, $0.01 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $6.7 billion versus the consensus estimate of $6.79 billion. Hewlett Packard Enterprise sees Q3 2022 EPS of $0.44-$0.54, versus the consensus of $0.52. Hewlett Packard Enterprise sees FY2022 EPS of $1.96-$2.10, versus the consensus of $2.09.

UiPath Inc. (PATH) 7% HIGHER; reported Q1 EPS of ($0.03), $0.02 better than the analyst estimate of ($0.05). Revenue for the quarter came in at $245.1 million versus the consensus estimate of $225.26 million. UiPath Inc. sees Q2 2023 revenue of $229-231 million, versus the consensus of $227.1 million. ARR in the range of $1,040 million to $1,042 million as of July 31, 2022 Non-GAAP operating loss in the range of $(60) million to $(55) million. UiPath Inc. sees FY2023 revenue of $1.085-1.09 billion, versus the consensus of $1.07 billion.

PVH Corp. (NYSE:PVH) 5% HIGHER; reported Q1 EPS of $1.92, $0.32 better than the analyst estimate of $1.60. Revenue for the quarter came in at $2.12 billion versus the consensus estimate of $2.08 billion. PVH Corp. confirms FY2022 EPS of $9.00, versus the consensus of $9.01.

Twilio (NYSE:TWLO) (TWLO) 5% LOWER; Barclays (LON:BARC) downgraded from Overweight to Equalweight with a price target of $110.00 (from $175.00).

SentinelOne , Inc. (NYSE:S) 3% LOWER; reported Q1 EPS of ($0.21), $0.03 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $78.3 million versus the consensus estimate of $74.64 million. SentinelOne, Inc. sees Q2 2023 revenue of $95-96 million, versus the consensus of $84.95 million. SentinelOne, Inc. sees FY2023 revenue of $403-407 million, versus the consensus of $374.17 million.

Elastic N.V. (NYSE:ESTC) 2.5% HIGHER; reported Q4 EPS of ($0.16), $0.06 better than the analyst estimate of ($0.22). Revenue for the quarter came in at $239.4 million versus the consensus estimate of $231.9 million. Elastic N.V. sees FY2023 EPS of ($0.36)-($0.28), versus the consensus of ($0.28). Elastic N.V. sees FY2023 revenue of $1.08-1.086 billion, versus the consensus of $1.08 billion.

Blue Owl Capital Inc (OWL) 2% LOWER; announced today that NBSH Blue Investments II, LLC, intends to offer in an underwritten public offering 10,698,180 shares of the Company's Class A common stock.

Microsoft (NASDAQ:MSFT) (MSFT) 2% LOWER; updated its Q4 EPS guidance to $2.24- $2.32 from $2.28-$2.35. The update relates to FX impact. Consensus is for $2.33. Revenue is seen at $51.94 to $52.74 billion vs $52.40 to $53.20 billion. Consensus $52.87 billion.