Check out the companies making the biggest moves in premarket trading: Planet Fitness — Shares tumbled as much as 7% after the gym franchise reported a revenue miss for its first quarter and issued disappointing guidance for the year. Quarterly revenue was $248 million, versus the $249.5 million expected from analysts polled by FactSet. Planet Fitness cut its full-year guidance for adjusted EPS growth to 7% to 9% from 10% to 11%, missing the consensus estimate of 11.1%. Robinhood — Shares of the brokerage firm rose more than 5% after the company reported record earnings for the first quarter. Robinhood generated 18 cents in earnings per share on $618 million in revenue. Analysts surveyed by LSEG were looking for 6 cents per share on $549 million in revenue. Warner Bros. Discovery — The stock shed about 4% after the media company said it lost 40 cents per share for its first quarter, greater than the 24 cent loss expected from analysts polled by LSEG. Revenue also disappointed, coming in at $9.96 billion versus the $10.23 billion consensus estimate. Yeti — The drinkware maker surged 12% after topping Wall Street expectations for the first quarter. Yeti earned 34 cents per share, excluding i …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making the biggest moves in premarket trading: Planet Fitness — Shares tumbled as much as 7% after the gym franchise reported a revenue miss for its first quarter and issued disappointing guidance for the year. Quarterly revenue was $248 million, versus the $249.5 million expected from analysts polled by FactSet. Planet Fitness cut its full-year guidance for adjusted EPS growth to 7% to 9% from 10% to 11%, missing the consensus estimate of 11.1%. Robinhood — Shares of the brokerage firm rose more than 5% after the company reported record earnings for the first quarter. Robinhood generated 18 cents in earnings per share on $618 million in revenue. Analysts surveyed by LSEG were looking for 6 cents per share on $549 million in revenue. Warner Bros. Discovery — The stock shed about 4% after the media company said it lost 40 cents per share for its first quarter, greater than the 24 cent loss expected from analysts polled by LSEG. Revenue also disappointed, coming in at $9.96 billion versus the $10.23 billion consensus estimate. Yeti — The drinkware maker surged 12% after topping Wall Street expectations for the first quarter. Yeti earned 34 cents per share, excluding i …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
