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After-hours movers: QuidelOrtho gains on stronger preliminary results, Hartford falls on weaker preliminary results

AuthorFrank DeMatteo
Published 13/04/2023, 23:04
© Reuters.

After-Hours Movers:

Express, Inc. (EXPR) 20% HIGHER; Express and WHP Global announced a definitive agreement to acquire menswear brand Bonobos, Inc. from Walmart Inc.

QuidelOrtho Corporation (Nasdaq: QDEL) 8% HIGHER; The Company expects total revenues in the first quarter of 2023 to be in the range of $840 million to $850 million, versus the consensus of $746.75 million.

The Hartford (HIG) 4% LOWER; announced preliminary earnings estimates for first quarter 2023, including net income available to common stockholders of $530 million, or $1.66 per diluted share, and core earnings* of $536 million, or $1.68 per diluted share*. (Consensus sees Q1 EPS of $1.99).

Lucid Group (LCID) 3% LOWER; The company produced 2,314 vehicles during 1Q at its manufacturing facility in Arizona and delivered 1,406 vehicles during the same period. The delivery consensus was 1,835.

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