© Reuters. After-Hours Movers: FedEx Sinks on Warning, Bowlero Gains on Results
After-Hours Stock Movers:
FedEx Corp. (NYSE:) 15% LOWER; warned for the first quarter and withdrew guidance for the year. They see Q1 non-GAAP EPS of $3.44, down from $4.37 last year and well below the consensus of $5.14.
Bowlero Corp (NYSE:) 8% HIGHER; reported Q4 revenue of $267.7 million versus the consensus estimate of $195.2 million.
United Parcel Service, Inc. (NYSE:) 6% LOWER; falls after FedEx’s profit warning.
General Electric Company (NYSE:) 5% LOWER; discussed continued supply chain problems at today’s conference.
Core & Main Inc (NYSE:) 4% LOWER; announced the launch of an underwritten secondary public offering of 10,000,000 shares of its Class A common stock by certain selling stockholders.
Amazon.com, Inc. (NASDAQ:) 2% LOWER; falls on FedEx’s warning.
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