Pre-Open Stock Movers 05/05: Albemarle and Booking Jump on Earnings; Shopify, Wayfair and Etsy Sink (more...)

Pre-Open Stock Movers:

Hycroft Mining Holding Corporation (Nasdaq: HYMC) 31% HIGHER; announces that it has filed its 10-Q for the first quarter of 2022. Gold production for the three months ended March 31, 2022, was 5,358 ounces and silver production was 16,861 ounces, in line with forecast.

Singularity Future Technology Ltd. (NASDAQ: SGLY) 31% LOWER; new short target for Hindenburg Research

Albemarle (NYSE: ALB) 14% HIGHER; reported Q1 EPS of $2.38, $0.75 better than the analyst estimate of $1.63. Revenue for the quarter came in at $1.13 billion versus the consensus estimate of $1.02 billion. Albemarle sees FY2022 EPS of $9.25-$12.25, versus the consensus of $6.22. Albemarle sees FY2022 revenue of $5.2-5.6 billion, versus the consensus of $4.4 billion.

Shopify (NYSE: SHOP) 14% LOWER; reported Q1 EPS of $0.20, $0.80 worse than the analyst estimate of $1.00. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.6 billion. Also acquires Deliverr, a leading fulfillment technology provider, for $2.1 billion.

Sprouts Farmers Market (NASDAQ: SFM) 12% LOWER; reported Q1 EPS of $0.79, $0.07 better than the analyst estimate of $0.72. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.65 billion. Sprouts Farmers Market sees Q2 2022 EPS of $0.49-$0.53, versus the consensus of $0.56.

Sally Beauty Holdings (NYSE: SBH) 12% LOWER; reported Q2 EPS of $0.47, $0.04 worse than the analyst estimate of $0.51. Revenue for the quarter came in at $911.4 million versus the consensus estimate of $951.11 million.

Wayfair (NYSE: W) 12% LOWER; reported Q1 EPS of ($1.96), $0.43 worse than the analyst estimate of ($1.53). Revenue for the quarter came in at $3 billion versus the consensus estimate of $2.99 billion.

Etsy (NASDAQ: ETSY) 12% LOWER; reported Q1 EPS of $0.60, $0.01 better than the analyst estimate of $0.59. Revenue for the quarter came in at $579.3 million versus the consensus estimate of $575.44 million. Etsy sees Q2 2022 revenue of $540-590 million, versus the consensus of $627.8 million.

Booking Holdings (NASDAQ: BKNG) 11% HIGHER; reported Q1 EPS of $3.90, $3.00 better than the analyst estimate of $0.90. Revenue for the quarter came in at $2.7 billion versus the consensus estimate of $2.54 billion.

Sunrun (NASDAQ: RUN) 9% HIGHER; reported Q1 EPS of ($0.42), $0.25 worse than the analyst estimate of ($0.17). Revenue for the quarter came in at $495.8 million versus the consensus estimate of $401.31 million.

eBay (NASDAQ: EBAY) 6% LOWER; reported Q1 EPS of $1.05, $0.02 better than the analyst estimate of $1.03. Revenue for the quarter came in at $2.5 billion versus the consensus estimate of $2.46 billion. eBay sees Q2 2022 EPS of $0.87-$0.91, versus the consensus of $1.01. eBay sees Q2 2022 revenue of $2.35-2.4 billion, versus the consensus of $2.54 billion. eBay sees FY2022 EPS of $3.90-$4.10, versus the consensus of $4.34. eBay sees FY2022 revenue of $9.6-9.9 billion, versus the consensus of $10.4 billion.

Fortinet (NASDAQ: FTNT) 6% HIGHER; reported Q1 EPS of $0.94, $0.15 better than the analyst estimate of $0.79. Revenue for the quarter came in at $954.8 million versus the consensus estimate of $884.76 million. Fortinet sees Q2 2022 EPS of $1.05-$1.10, versus the consensus of $1.13. Fortinet sees Q2 2022 revenue of $1-1.04 billion, versus the consensus of $1.01 billion. Fortinet sees FY2022 EPS of $5.00-$5.15, versus the consensus of $4.96. Fortinet sees FY2022 revenue of $4.35-4.4 billion, versus the consensus of $4.3 billion.

Cognizant (NASDAQ: CTSH) 4% LOWER; reported Q1 EPS of $1.08, $0.04 better than the analyst estimate of $1.04. Revenue for the quarter came in at $4.8 billion versus the consensus estimate of $4.83 billion. Cognizant sees Q2 2022 revenue of $4.9-4.94 billion, versus the consensus of $5.01 billion. Cognizant sees FY2022 EPS of $4.45-$4.55, versus the consensus of $4.56. Cognizant sees FY2022 revenue of $19.8-20.2 billion, versus the consensus of $20.22 billion.

GoDaddy (NYSE: GDDY) 4% HIGHER; reported Q1 EPS of $0.41, $0.01 worse than the analyst estimate of $0.42. Revenue for the quarter came in at $1 billion versus the consensus estimate of $989.49 million. Announces an additional $250M share repurchase plan. GoDaddy sees Q2 2022 revenue of $1.01-1.02 billion, versus the consensus of $1.02 billion. GoDaddy sees FY2022 revenue of $4.14-4.16 billion, versus the consensus of $4.16 billion.

Twitter (NYSE: TWTR) 3% HIGHER; Suitor Elon Musk disclosed equity commitments from dozens of investors including Fidelity Management, Larry Ellison, and Saudi Prince Alwaleed.

Twilio (NYSE: TWLO) 2% HIGHER; reported Q1 EPS of $0.00, $0.22 better than the analyst estimate of ($0.22). Revenue for the quarter came in at $875.4 million versus the consensus estimate of $863.59 million. Twilio sees Q2 2022 EPS of ($0.23)-($0.20), versus the consensus of ($0.13). Twilio sees Q2 2022 revenue of $912-922 million, versus the consensus of $916.04 million.

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