U.S. stock futures were slightly higher this morning, with the Nasdaq futures gaining around 0.1% on Tuesday.
Shares of Leslie's, Inc. (NASDAQ:LESL) fell sharply in today's pre-market trading after the company reported worse-than-expected fourth-quarter adjusted EPS and sales.
Leslie's reported quarterly earnings of two cents per share which missed the analyst consensus estimate of 11 cents. Quarterly revenue came in at $397.9 million which missed the analyst consensus estimate of $405.19 million and is a decrease from sales of $432.37 million from the same period last year.
Leslie's shares dipped 18.5% to $2.86 in the pre-market trading session.
Here are some other stocks moving lower in pre-market trading.
- Alector, Inc. (NASDAQ:ALEC) shares tumbled 31.3% to $2.72 in pre-market trading after the company announced that the INVOKE-2 Phase 2 clinical trial evaluating the safety and efficacy of AL002 in individuals with early Alzheimer's disease failed to meet its primary endpoint.
- Kingsoft Cloud Holdings Limited (NASDAQ:KC) shares dipped 10.5% to $6.22 in pre-market trading.
- Agora, Inc. (NASDAQ:API) fell 8.8% to $4.34 in pre-market trading following third-quarter results.
- Quantum Computing Inc. (NASDAQ:QUBT) shares fell 8.6% to $7.04 in pre-market trading. Quantum Computing shares jumped around 26% on Monday after AWS announced Quantum Embark program.
- Zoom Video Communications, Inc. (NASDAQ:ZM) fell 7.8% to $82.02 in today's pre-market trading. Zoom Video posted better-than-expected results for its third quarter and raised its guidance for the full year.
- Blue Bird Corporation (NASDAQ:BLBD) shares declined 7.8% to $39.48 in pre-market trading after the company reported mixed fourth-quarter financial results and issued FY25 revenue guidance below estimates..
- Biglari Holdings Inc. (NYSE:BH) shares fell 3.2% to $200.40 in pre-market trading.
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