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2021-09-22

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After-Hours Stock Movers: Marin, FedEx, Adobe and more

After-Hours Movers: Marin (NASDAQ: MRIN) 74% HIGHER; entered into a Revenue Share Agreement with Goo

After-Hours Stock Movers: Marin, FedEx, Adobe and more

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Stitch Fix sees Q1 2022 revenue of $560-575 million, versus the consensus of $591 million.</p>\n<p><a href=\"https://laohu8.com/S/LPTX\">Leap Therapeutics Inc</a> (Nasdaq: LPTX) 10.2% LOWER; commenced an underwritten public offering of its common stock and, in lieu of common stock, Leap intends to offer and sell to certain investors pre-funded warrants to purchase shares of its common stock. All shares of common stock and pre-funded warrants to be sold in the offering will be offered by Leap. Leap intends to grant the underwriters a 30-day option to purchase up to an aggregate of an additional 15% of the securities offered in the public offering. The offering is subject to market, regulatory, and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.</p>\n<p><a href=\"https://laohu8.com/S/FDX\">FedEx</a> (NYSE: FDX) 4.5% LOWER; reported Q1 EPS of $4.37, $0.63 worse than the analyst estimate of $5.00. Revenue for the quarter came in at $22 billion versus the consensus estimate of $21.91 billion. FedEx sees FY2022 EPS of $19.75-$21.00, versus the consensus of $21.20.</p>\n<p><a href=\"https://laohu8.com/S/ADBE\">Adobe</a> Systems (NASDAQ: ADBE) 4% LOWER; reported Q3 EPS of $3.11, $0.10 better than the analyst estimate of $3.01. Revenue for the quarter came in at $3.94 billion versus the consensus estimate of $3.89 billion. Adobe Systems sees Q4 2021 EPS of $3.18, versus the consensus of $3.08. Adobe Systems sees Q4 2021 revenue of $4.07 billion, versus the consensus of $4.04 billion.</p>\n<p><a href=\"https://laohu8.com/S/H\">Hyatt</a> Corporation (NYSE: H) 3% LOWER; commenced an underwritten registered public offering of 7,000,000 shares of its Class A common stock. In addition, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 1,050,000 shares of its Class A common stock. 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As Summit previously communicated, it has combined the Phase III studies into a single study and will provide the combined results to all stakeholders, as the top line results become available. These top line results will best inform all parties as to the next appropriate course of action regarding ridinilazole. Summit anticipates communicating these results during the first quarter of 2022.\nStitch Fix Inc. (NASDAQ: SFIX) 15.6% HIGHER; reported Q4 EPS of $0.19, $0.32 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $571.2 million versus the consensus estimate of $547.89 million. Stitch Fix sees Q1 2022 revenue of $560-575 million, versus the consensus of $591 million.\nLeap Therapeutics Inc (Nasdaq: LPTX) 10.2% LOWER; commenced an underwritten public offering of its common stock and, in lieu of common stock, Leap intends to offer and sell to certain investors pre-funded warrants to purchase shares of its common stock. All shares of common stock and pre-funded warrants to be sold in the offering will be offered by Leap. Leap intends to grant the underwriters a 30-day option to purchase up to an aggregate of an additional 15% of the securities offered in the public offering. The offering is subject to market, regulatory, and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.\nFedEx (NYSE: FDX) 4.5% LOWER; reported Q1 EPS of $4.37, $0.63 worse than the analyst estimate of $5.00. Revenue for the quarter came in at $22 billion versus the consensus estimate of $21.91 billion. FedEx sees FY2022 EPS of $19.75-$21.00, versus the consensus of $21.20.\nAdobe Systems (NASDAQ: ADBE) 4% LOWER; reported Q3 EPS of $3.11, $0.10 better than the analyst estimate of $3.01. Revenue for the quarter came in at $3.94 billion versus the consensus estimate of $3.89 billion. 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After-Hours Stock Movers: Marin, FedEx, Adobe and more

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