Take a look at the companies making the biggest moves in pre-market trading: Planet Fitness — Shares fell as much as 7% after the gym franchise reported a drop in first-quarter revenue and issued disappointing guidance for the year. Quarterly revenue was $248 million, versus $249.5 million expected by analysts polled by FactSet. Planet Fitness cut its full-year forecast for adjusted earnings per share growth to 11% from 7% to 9% from 10%, missing the consensus estimate of 11.1%. Robinhood — Shares of the brokerage firm rose more than 5% after the company reported record first-quarter earnings. Robinhood earned 18 cents per share on revenue of $618 million. Analysts polled by LSEG expected 6 cents a share on revenue of $549 million. Warner Bros. Discovery – Shares fell about 4% after the media company said it lost 40 cents per share for the first quarter, more than the 24 cents loss expected by analysts polled by LSEG. Revenue also disappointed, coming in at $9.96 billion versus the consensus estimate of $10.23 billion. Yeti — Shares of the beverage maker rose 12% after beating Wall Street expectations in the first quarter. Yeti earned 34 cents per share, excluding items, on revenue of $341.4 million, while analysts polled by FactSet had forecast 24 cents per share and $333.3 million. The company also raised its full-year earnings per share forecast at the same time confirming the revenue growth forecast. Arm – Shares of the British chip designer fell nearly 7% despite posting better-than-expected fiscal fourth-quarter results as the midpoint of its full-year revenue forecast came in slightly below analysts’ estimates, according to LSEG. Arm said it expects revenue of $3.8 billion to $4.1 billion for the full year. Analysts had expected full-year revenue of $3.99 billion. Klaviyo – Shares jumped nearly 9% after the marketing automation company released its quarterly report Wednesday. Klaviyo forecast second-quarter revenue of $211 million to $213 million, above the $210 million expected by analysts polled by LSEG. Airbnb — Airbnb shares fell more than 7% after vacation rental stocks offered disappointing guidance. The company beat first-quarter revenue and profit expectations, but said it expects current-quarter revenue to be between $2.68 billion and $2.74 billion. That’s slightly below LSEG’s estimate of $2.74 billion. AppLovin — Shares of the mobile technology company rose 15% on Wednesday’s earnings and revenue beat. AppLovin reported earnings per share of 67 cents, versus 57 cents expected by analysts polled by LSEG. Revenue was $1.06 billion versus consensus estimates of $974 million. SolarEdge — Shares fell more than 8% in premarket trading after the energy company reported a wider-than-expected loss of $1.90 per share for the first quarter. . Analysts had expected a loss of $1.55 per share, according to FactSet. Quarterly revenue of $204 million beat expectations but represented a sharp decline from nearly $1 billion in revenue last year. AMC Entertainment – Shares of the movie theater chain fell 4% after reporting first-quarter revenue and attendance were down from the same period last year. AMC’s first-quarter financial results were in line with preliminary estimates the company released in April. Duolingo — Shares fell 14% after the language learning app forecast second-quarter revenue of $175 million to $177.5 million, less than the $176.9 million expected by analysts polled by LSEG. Bumble — Shares of the dating app company jumped 11% after its earnings and revenue beat the post-marketing environment. Bumble reported earnings per share of 19 cents, versus 7 cents expected by analysts polled by FactSet. Revenue was $267.8 million, beating the consensus estimate of $265.4 million. Krispy Kreme — Shares rose 2% after the company reported revenue of $442.7 million for the first quarter, beating the FactSet consensus estimate. $434.1 million Adjusted earnings per share were 7 cents versus expectations of 6 cents. Warby Parker – The eyewear maker advanced 14% on better-than-expected first-quarter earnings. Warby said it lost 2 cents per share, less than the consensus estimate of 9 cents per share among analysts surveyed by FactSet. Revenue for the three-month period was $200 million, exceeding the $196.4 million figure Wall Street had reported. Tapestry – Shares fell 3% after Coach’s parent company reported revenue of $1.48 billion for the third quarter, missing LSEG’s estimate of $1.5 billion. The company also cut its full-year revenue estimate to more than $6 .6 billion from about $6.7 billion, less than the $6.74 billion expected by analysts polled by FactSet. Roblox – Roblox shares fell more than 28% after the video game developer posted first-quarter orders that missed Wall Street estimates and cut its full-year guidance. Roblox said it expects orders to be between $4 billion and $4.10 billion for the full year. That’s less than previous forecasts of $4.14 billion to $4.28 billion and FactSet’s estimate of $4.23 billion. Forward Air — Shares of the logistics provider fell 36% in premarket trading Thursday, more than any other company, according to FactSet data. in the S&P 1500. Forward Air lost 64 cents per share on an adjusted basis in the first quarter, half the worst estimate from seven analysts surveyed by FactSet. “We continue to face challenging market conditions characterized by weak freight demand, excess carrier capacity and pricing pressure,” the CFO said. — CNBC’s Jesse Pound, Tanaya Machil, Alex Harring and Samantha Subin contributed reporting.
