After-hours movers: Snowflake, Salesforce fall post EPS, PVH gains

This post was originally published on this site

G-III Apparel Group (NASDAQ:GIII) 25% LOWER; reported Q3 EPS of $1.35, $0.46 worse than the analyst estimate of $1.81. Revenue for the quarter came in at $1.08 billion versus the consensus estimate of $1.06B. G-III Apparel Group sees FY2023 EPS of $3.00-$3.10, versus the consensus of $3.58. G-III Apparel Group sees FY2023 revenue of $3.15B, versus the consensus of $3.12B.

Aziyo Biologics Inc (NASDAQ:AZYO24% LOWER; announced that it has commenced an underwritten public offering, subject to market and other conditions, of shares of its common stock.

Elastic N.V. (NYSE:ESTC) 15% LOWER; reported Q2 EPS of $0.00, $0.10 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $264.4 million versus the consensus estimate of $261.56M. Elastic N.V. sees Q3 2023 EPS of $0.04-$0.07, versus the consensus of ($0.04). Elastic N.V. sees Q3 2023 revenue of $272-274M, versus the consensus of $277.43M. Elastic N.V. sees FY2023 EPS of ($0.03)-$0.03, versus the consensus of ($0.28). Elastic N.V. sees FY2023 revenue of $1.067-1.073B, versus the consensus of $1.08B.

Okta, Inc. (NASDAQ:OKTA) 14% HIGHER; reported Q3 EPS of $0.00, $0.24 better than the analyst estimate of ($0.24). Revenue for the quarter came in at $481M versus the consensus estimate of $465.42M. Okta, Inc. sees Q4 2023 EPS of $0.09-$0.10, versus the consensus of ($0.11). Okta, Inc. sees Q4 2023 revenue of $488-490M, versus the consensus of $487M.

PVH Corp. (NYSE:PVH) 11% HIGHER; reported Q3 EPS of $2.60, $0.43 better than the analyst estimate of $2.17. Revenue for the quarter came in at $2.28B versus the consensus estimate of $2.23B. PVH Corp. sees FY2022 EPS of $8.25, versus the consensus of $7.89.

Five Below (NASDAQ:FIVE) 9% HIGHER; reported Q3 EPS of $0.29, $0.15 better than the analyst estimate of $0.14. Revenue for the quarter came in at $607.6M versus the consensus estimate of $610.46M. Five Below sees Q4 2023 EPS of $2.93-$3.09, versus the consensus of $2.93. Five Below sees Q4 2023 revenue of $1.085-1.11B, versus the consensus of $1.08B. Five Below sees FY2023 EPS of $4.55-$4.71, versus the consensus of $4.41. Five Below sees FY2023 revenue of $3.038-3.0993B, versus the consensus of $3.8B.

FREYR Battery SA (NYSE:FREY9% LOWER; announced that it plans to make a public offering of 13,500,000 of its Ordinary Shares, without nominal value, in an underwritten registered public offering.

Snowflake Inc (NYSE:SNOW8% LOWER; reported Q3 EPS of $0.11, $0.07 better than the analyst estimate of $0.04. Revenue for the quarter came in at $557M versus the consensus estimate of $539.07M. Product revenue of $522.8M in the third quarter, representing 67% year-over-year growth. Sees Q4 product revenue of $535-$540M.

Salesforce (NYSE:CRM) 7% LOWER; reported Q3 EPS of $1.40, $0.18 better than the analyst estimate of $1.22. Revenue for the quarter came in at $7.84B versus the consensus estimate of $7.83B. Salesforce sees Q4 2023 EPS of $1.35-$1.37, versus the consensus of $1.34. Salesforce sees Q4 2023 revenue of $7.932-8.032B, versus the consensus of $8.02B.

Splunk (NASDAQ:SPLK) 7% HIGHER; reported Q3 EPS of $0.83, $0.58 better than the analyst estimate of $0.25. Revenue for the quarter came in at $930M versus the consensus estimate of $847.69M. Splunk sees Q4 2023 revenue of $1.055-1.085B, versus the consensus of $1.06B

CTO Realty Growth Inc (NYSE:CTO6% LOWER; announced that it has commenced an underwritten public offering of 2,500,000 shares of its common stock

Victoria’s Secret & Co (NYSE:VSCO) (VSCO) 3% LOWER; reported Q3 EPS of $0.29, $0.07 better than the analyst estimate of $0.22. Revenue for the quarter came in at $1.32B versus the consensus estimate of $1.32B. Victoria’s Secret & Co. sees Q4 2023 EPS of $2.40-$2.45, versus the consensus of $2.32. The Company is forecasting fourth quarter 2022 net sales to decrease in the high-single digit range compared to last year’s fourth quarter net sales of $2.175B. Victoria’s Secret & Co. sees FY2023 EPS of $4.50-$4.95, versus the consensus of $4.73. The Company is forecasting full year 2022 net sales to decrease 6% to 7% compared to last year’s full year net sales of $6.785B.