After-Hours Stock Movers:
Protagonist Therapeutics (Nasdaq: NASDAQ:PTGX) 39% LOWER; announced mixed topline results from the Phase 2 IDEAL study evaluating PN-943 in patients with moderate-to-severe ulcerative colitis (UC).
Venator Materials PLC (NYSE:VNTR) 21% HIGHER; received $85 million in cash from Tronox pursuant to its settlement agreement with Tronox
O-I Glass (NYSE:OI) 13% HIGHER; posted Q1 EPS of $0.56, above the consensus of $0.40. Revenue for the quarter came in at $1.7 billion versus the consensus estimate of $1.55 billion. O-I Glass sees Q2 2022 EPS of $0.55-$0.60, versus the consensus of $0.57. O-I Glass sees FY2022 EPS of $1.85-$2.10, versus the consensus of $1.89.
Universal Health (NYSE:UHS) 11% LOWER; posted Q1 EPS of $2.15, below the consensus of $2.46. Revenue was $3.29 billion versus the consensus estimate of $3.21 billion.
Redbox Entertainment (RDBX) 7% HIGHER; CFO resigns, names interim-CFO.
Nkarta, Inc. (Nasdaq: NKTX) 6% LOWER; commenced a proposed underwritten public offering to issue and sell $150 million of shares of its common stock.following today's 141% surge on positive data.
Cadence Design Systems (NASDAQ:CDNS) 6% HIGHER; posted Q1 EPS of $1.17, $0.15 better than the analyst estimate of $1.02. Revenue for the quarter came in at $902 million versus the consensus estimate of $857.32 million. The company sees Q2 2022 EPS of $0.95-$0.99, versus the consensus of $0.92. They see Q2 2022 revenue of $825-845 million, versus the consensus of $823.74 million. FY2022 EPS is expected between $3.89-$3.97, versus the consensus of $3.80. FY2022 revenue is expected between $3.395-3.435 billion, versus the consensus of $3.36 billion
Axalta Coating Systems (NYSE:AXTA) 5% HIGHER; posted Q1 EPS of $0.31, $0.05 better than the analyst estimate of $0.26. Revenue for the quarter came in at $1.17 billion versus the consensus estimate of $1.11 billion.
Aaron's (NYSE:AAN) 2% HIGHER; posted Q1 EPS of $0.87, $0.18 better than the analyst estimate of $0.69. Revenue for the quarter came in at $456.1 million versus the consensus estimate of $461.72 million. Aaron's sees FY2022 EPS of $2.65-$2.90, versus the consensus of $2.58. Aaron's sees FY2022 revenue of $2.32-2.39 billion, versus the consensus of $1.8 billion.
Whirlpool (NYSE:WHR) 2% HIGHER; reported Q1 EPS of $5.31, $0.09 worse than the analyst estimate of $5.40. Revenue for the quarter came in at $4.92 billion versus the consensus estimate of $5.32 billion. The company also initiated a strategic review of our EMEA business; such assessment is expected to be concluded by Q3 2022 Whirlpool sees FY2022 EPS of $24.00-$26.00, which may not compare versus the consensus of $26.32.