U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Friday.
Shares of SanDisk Corp (NASDAQ:SNDK) fell sharply in pre-market trading following third-quarter results.
SanDisk reported quarterly earnings of $23.41 per share, which beat the analyst consensus estimate of $14.43 by 62.23%, according to Benzinga Pro data. Quarterly revenue came in at $5.95 billion, which beat the Street estimate of $4.68 billion by 27.03% and was up from $1.7 billion in the same period last year.
SanDisk is looking for fourth quarter adjusted EPS of $30 to $33, versus the $22.01 analyst estimate, and revenue of $7.75 billion to $8.25 billion, versus the $6.35 billion analyst estimate.
SanDisk shares dipped 5.6% to $1,034.67 in pre-market trading.
Here are some other stocks moving lower in pre-market trading.
- Roblox Corp (NYSE:RBLX) fell 21.6% to $43.26 in pre-market trading after posting first-quarter results.
- Summit Therapeutics Inc (NASDAQ:SMMT) dipped 13.9% to $18.50 in pre-market trading after the company reported first-quarter financial results.
- Western Digital Corp (NASDAQ:WDC) fell 7.4% to $403.03 in pre-market trading after the company reported third-quarter results.
- Clorox Co (NYSE:CLX) fell 5.6% to $91.00 in pre-market trading after the company reported third-quarter financial results and cut its FY26 guidance below estimates.
- Rivian Automotive Inc (NASDAQ:RIVN) declined 4.2% to $15.72 in pre-market trading after the company reported first-quarter results and filed prospectus for mixed shelf offering.
- Plains GP Holdings LP (NYSE:PAGP) fell 3.8% to $23.53 in pre-market trading.
- BioNTech SE – ADR (NASDAQ:BNTX) declined 3.7% to $99.63 in pre-market trading.
- Nutex Health Inc (NASDAQ:NUTX) fell 3.4% to $115.16 in pre-market trading following first-quarter results.
- Orion Group Holdings Inc (NYSE:ORN) fell 3% to $13.23 in pre-market trading.
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