Leslie's Posts Weak Results, Joins Zoom Video And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

U.S. stock futures were slightly higher this morning, with the Nasdaq futures gaining around 0.1% on Tuesday.

Shares of Leslie’s, Inc. LESL fell sharply in today's pre-market trading after the company reported worse-than-expected fourth-quarter adjusted EPS and sales.

Leslie's reported quarterly earnings of two cents per share which missed the analyst consensus estimate of 11 cents. Quarterly revenue came in at $397.9 million which missed the analyst consensus estimate of $405.19 million and is a decrease from sales of $432.37 million from the same period last year.

Leslie’s shares dipped 18.5% to $2.86  in the pre-market trading session.

Here are some other stocks moving lower in pre-market trading.

• Alector, Inc. ALEC shares tumbled 31.3% to $2.72 in pre-market trading after the company announced that the INVOKE-2 Phase 2 clinical trial evaluating the safety and efficacy of AL002 in individuals with early Alzheimer’s disease failed to meet its primary endpoint.
• Kingsoft Cloud Holdings Limited KC shares dipped 10.5% to $6.22 in pre-market trading.
• Agora, Inc. API fell 8.8% to $4.34 in pre-market trading following third-quarter results.
• Quantum Computing Inc. QUBT shares fell 8.6% to $7.04 in pre-market trading. Quantum Computing shares jumped around 26% on Monday after AWS announced Quantum Embark program.
• Zoom Video Communications, Inc. ZM fell 7.8% to $82.02 in today's pre-market trading. Zoom Video posted better-than-expected results for its third quarter and raised its guidance for the full year.
• Blue Bird Corporation BLBD shares declined 7.8% to $39.48 in pre-market trading after the company reported mixed fourth-quarter financial results and issued FY25 revenue guidance below estimates..
• Biglari Holdings Inc. BH shares fell 3.2% to $200.40 in pre-market trading.

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