Check out the companies that make headlines in pre-market transactions. Dollar Tree – Budget retailer slipped in about 4% after saying earnings per share could drop by up to 50% in the current quarter. Analysts voted by FactSet expect revenue per share to decline by just 2%. Thor Industries – RV makers posted revenues that exceeded expectations for the third quarter and increased by about 12% after reassessing full-year guidance. Thor won $2.53 per share with revenue of $28.9 billion, but analysts surveyed by FactSet had predicted $179 and $2.6 billion, respectively. Hewlett Packard Enterprise – The stock said it has increased sales and profits by more than 7% after data storage and networking service providers top analyst estimates, causing a more hit from tariffs than previous expectations, with the majority of its products complying with the US-Mexico-Canada free trading agreement. In the recent quarter, HPE received 38 cents adjusted with revenue of $7.63 billion, with a consensus of 32 cents, more than 32 cents per share for analysts, according to LSEG. Cloud Strike – Cybersecurity stocks missed a $1.16 billion consensus forecast from analysts voted by LSEG, with revenues falling by about 7% between $1.14 billion and $1.15 billion for the current quarter. First quarter revenue coincided with analyst estimates of $1.1 billion. ASANA – Enterprise Software Providers fell by 12%. According to LSEG, revenues of 5 cents per share, excluding items of 5 cents per share, excluding revenue of $187 million, surpassed analysts’ 2 cents and $186 million estimates. The stock has grown 17% over the past month. Guidewire Software – After quarter revenue exceeded Wall Street estimates, insurance technology providers rose about 14%, earnings of 88 cents per share and $294 million excluding one-off items, while analysts surveyed by LSEG projected 46 cents and $284 million, respectively. Wells Fargo – Money Center Bank is San Francisco-based lender Wells Fargo, which rose almost 3% after the Federal Reserve removed its asset cap dates back to 2018. Regulatory restrictions limited bank growth, but after some controversy it has revamped governance and risk management. Constellation Energy – The stock lost nearly 3% after Citigroup was downgraded from purchase to neutral. The Citi call comes after Constellation agreed on Tuesday to sell to the Metaplatform to nuclear power plants as part of a 20-year deal. – Reported by CNBC’s Pia Singh and Jesse Pound
