Wednesday’s Pre-Market Look: Stocks In The News Before The Open

ByGary Kaltbaum

Under Armour (UA) was downgraded to ‘Negative’ from ‘Positive’ at Susquehanna Financial with its price target cut to $14 from $24.

Agilent Technologies (A) rose 4% in after-hours trading after it reported Q1 adjusted EPS continuing operations of 53 cents, above consensus of 49 cents, and said it sees full-year revenue of $4.33 billion-$4.35 billion, higher than consensus of $4.33 billion

Procter & Gamble (PG) climbed 3% in after-hours trading after Trian Fund Management LP said it added the company to its investments in Q4.

American International Group (AIG) dropped over 4% in after-hours trading after it reported a Q4 operating loss of -$2.72 a share, much weaker than consensus of 42 cents EPS.

Devon Energy (DVN) gained over 1% in after-hours trading after it reported Q4 core EPS of 25 cents, above consensus of 21 cents.

Express Scripts Holding Co. (ESRX) fell over 1% in after-hours trading after it reported Q4 revenue of $24.9 billion, below consensus of $26.3 billion, and said it sees Q1 adjusted EPS of $1.30-$1.34, weaker than consensus of $1.36.

Southwest Airlines (LUV) rose over 1% in after-hours trading after Berkshire Hathaway said it added the company to its investments in Q4.

American Airlines Group (AAL) gained 2% in after-hours trading after Berkshire Hathaway boosted its stake in the company to 8.79% from 4.2%.

Diamondback Energy (FANG) gained almost 1% in after-hours trading after it reported Q4 adjusted EPS of 90 cents, well above consensus of 53 cents.

Fossil Group (FOSL) sank 12% in after-hours trading after it reported Q4 EPS of $1.03, below consensus of $1.17, and said it sees a Q1 adjusted loss of -10 cents to -25 cents a share, well below consensus of a 7-cent gain.

SolarEdge Technologies (SEDG) jumped nearly 6% in after-hours trading after it said it sees Q3 revenue of $110 million-$120 million, better than consensus of $108.4 million.

Potbelly (PBPB) rose almost 3% in after-hours trading after it reported Q4 adjusted EPS of 15 cents, over double consensus of 7 cents.

LendingClub (LC) slid over 6% in after-hours trading after it said it sees Q1 net revenue of $117 million-$122 million, less than consensus of $133.2 million.

NetScout Systems (NTCT) gained 1% in after-hours trading after ValueAct Holdings LP said it added the stock to its investments.

Seacoast Banking (SBCF) dropped 4% in after-hours trading after it announced an underwritten public offering of its common stock, although no amount was given.

Trupanion (TRUP) slumped 15% in after-hours trading after it reported Q4 adjusted Ebitda of $302,000, well below consensus of $458,800.

Source: FoxBusiness, BarChart, CNBC, Bloomberg, Reuters