Pre-market Movers: REGI, YNDX, OZON, ALF, HHR…

The following are some of the stocks making big moves in Monday’s pre-market trading (as of 07.55 A.M. ET).

In the Green

Renewable Energy Group, Inc. (REGI) is up over 32% at $58.09
Alfi, Inc. (ALF) is up over 17% at $2.42
Xeris Biopharma Holdings, Inc. (XERS) is up over 14% at $2.74
Elbit Systems Ltd. (ESLT) is up over 11% at $199.04
Indonesia Energy Corporation Limited (INDO) is up over 11% at $13.38
Seritage Growth Properties (SRG) is up over 11% at $10.25
AAR Corp. (AIR) is up over 10% at $48
Imperial Petroleum Inc. (IMPP) is up over 10% at $2.33
BlackSky Technology Inc. (BKSY) is up over 9% at $2.75
Kratos Defense & Security Solutions, Inc. (KTOS) is up over 8% at $20.33
Plug Power Inc. (PLUG) is up over 6% at $24.15
Bloom Energy Corporation (BE) is up over 6% at $21.72
AMTD International Inc. (AMTD) is up over 6% at $4

In the Red

Yandex N.V. (YNDX) is down over 21% at $14.90
Ozon Holdings PLC (OZON) is down over 18% at $9.40
HeadHunter Group PLC (HHR) is down over 15% at $12.70
Modiv Inc. (MDV) is down over 13% at $14.50
Compañía de Minas Buenaventura S.A.A. (BVN) is down over 10% at $8.71
Avalara, Inc. (AVLR) is down over 9% at $92.22
Boot Barn Holdings, Inc. (BOOT) is down over 9% at $78
ING Groep N.V. (ING) is down over 9% at $11.67

European Markets Likely To See Gap-down Opening

European stocks are seen opening sharply lower on Tuesday after Russian President Vladimir Putin recognized two breakaway regions in eastern Ukraine as independent entities and ordered the army to launch what Moscow called a peacekeeping operation into the area.

The moves drew U.S. and European condemnation and vows of new sanctions during a UN Security Council meeting.

Asian markets tumbled, with key indexes in Australia, China, Nikkei, India, South Korea and Hong Kong falling 1-3 percent.

U.S. stock futures dived, with Nasdaq Composite futures falling more than 3 percent as trading resumes later in the day after a holiday.

The dollar index eased amid a decline in U.S. Treasury yields, helping gold prices hit a nine-month high.

Oil prices jumped more than $2 in Asian trading due to nervousness of possible disruption of exports from major oil producer Russia.

European stocks closed lower on Monday after the Kremlin said it was too early to discuss organizing a summit between the Russian and American presidents.

The pan European Stoxx 600 dropped 1.3 percent. The German DAX lost 2.1 percent, France’s CAC 40 index gave up 2 percent and the U.K.’s FTSE 100 eased 0.4 percent.

Astec Industries Q4 Results Miss Estimates – Quick Facts

Astec Industries, Inc. (ASTE) on Monday reported a net loss for the fourth quarter of $9.2 million or $0.40 per share, compared to $15.4 million or $0.67 per share in the prior-year quarter.

Excluding items, adjusted loss for the quarter was $0.03 per share, compared to adjusted net income of $0.56 per share in the year-ago quarter.

Net sales for the quarter grew 12.1 percent to $267.8 million from $238.9 million in the same quarter last year.

On average, four analysts polled by Thomson Reuters expected the company to report earnings of $0.02 per share on revenues of $267.89 million for the quarter. Analysts’ estimates typically exclude special items.

Nielsen Holdings Guides FY22 In Line With Estimates – Quick Facts

While reporting its financial results for the fourth quarter on Monday, Nielsen Holdings plc (NLSN) initiated its adjusted earnings and revenue growth guidance for the full-year 2022, in line with analysts’ estimates.

For fiscal 2022, the company now projects adjusted earnings in a range of $1.81 to $1.91 per share on total revenue growth on a constant currency basis of 3.5 to 4.5 percent, with constant currency organic growth of 4 to 5 percent.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.81 per share on revenue growth of 3.7 percent to $3.63 billion for the year. Analysts’ estimates typically exclude special items.

On Saturday, Nielsen’s Board of Directors authorized the repurchase of up to $1 billion of the Company’s ordinary shares.

On February 10, Nielsen’s Board of Directors had declared a quarterly dividend of $0.06 per share of Nielsen’s common stock, payable on March 17, 2022 to shareholders of record at the close of business on March 3, 2022.

Jones Lang Lasalle Q4 Profit Increases, beats estimates

Jones Lang Lasalle (JLL) revealed earnings for its fourth quarter that increased from last year and beat the Street estimates.

The company’s bottom line totaled $421.4 million, or $8.16 per share. This compares with $250.1 million, or $4.80 per share, in last year’s fourth quarter.

Excluding items, Jones Lang Lasalle reported adjusted earnings of $447.0 million or $8.66 per share for the period.

Analysts on average had expected the company to earn $6.81 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.

The company’s revenue for the quarter rose 22.7% to $5.95 billion from $4.85 billion last year.

Jones Lang Lasalle earnings at a glance (GAAP) :

-Earnings (Q4): $421.4 Mln. vs. $250.1 Mln. last year.
-EPS (Q4): $8.16 vs. $4.80 last year.
-Analyst Estimate: $6.81
-Revenue (Q4): $5.95 Bln vs. $4.85 Bln last year.

Chicago Business Barometer Drops Much More Than Expected In February

MNI Indicators released a report on Monday showing a significant slowdown in the pace of growth in Chicago-area business activity in the month of February.

The report showed the Chicago business barometer tumbled to 56.3 in February from 65.2 in January. While a reading above 50 still indicates growth, economists had expected the barometer to show a much more modest drop to 63.0.

MNI Indicators said all five of the main five indicators fell, with the new orders index and the supplier deliveries index taking the largest hits.

The new orders index plunged to 53.0 in February from 65.3 in January, hitting a twenty-month low, while the production index slid to 55.4 from 60.6, dropping to its lowest reading since August 2020.

The report showed the supplier deliveries also tumbled to 75.3 in February from 87.6 in January, although firms still report suppliers struggling to manage demand and increasing prices.

The employment index also slumped to 43.5 in February from 49.1 in January, falling to its lowest level since October of 2020.

MNI Indicators said the paid index also fell to an eleven-month low of 86.5 in February from 88.0 in January, as some firms noted price gouging by suppliers but others saw prices leveling off.

Meanwhile, the report said the inventories index rose to 57.3 in February from 59.8 in January, with firms continuing to stock up due to persistent supply chain disruptions.