U.S. inventory futures have been decrease this morning, with the Dow futures falling by over 100 factors on Tuesday.

Shares of PVH Corp. PVH fell sharply in immediately’s pre-market buying and selling after the corporate reported fourth-quarter monetary outcomes and issued steering.

PVH reported quarterly earnings of $3.72 per share which beat the analyst consensus estimate of $3.53 by 5.38% and is a 56.3% improve over earnings of $2.38 per share from the identical interval final yr. Quarterly gross sales got here in at $2.49 billion which beat the analyst consensus estimate of $2.42 billion by 2.89%, based on information from Benzinga Professional.

The corporate sees fiscal yr 2024 earnings of between $10.75 and $11.00 per share, versus the $10.48 estimate. Income is projected to lower between 6% and seven% in comparison with 2023.

PVH shares tumbled 23.4% to $107.00 in pre-market buying and selling.

Listed here are some large shares recording losses in immediately’s pre-market buying and selling session.

• Fractyl Well being, Inc. GUTS shares dipped 13.7% to $6.43 in pre-market buying and selling amid volatility after the corporate reported fourth-quarter monetary outcomes.
• GCT Semiconductor Holding, Inc. GCTS shares declined 12.6% to $15.82 in pre-market buying and selling after declining over 45% on Monday. GCT Semiconductor appointed Nelson C. Chan to Board of Administrators.
• Petco Well being and Wellness Firm, Inc. WOOF shares fell 11.1% to $1.85 in pre-market buying and selling after declining round 9% on Monday.
• Humana Inc. HUM shares fell 8.8% to $320.55 in pre-market buying and selling after the Facilities for Medicare & Medicaid Companies (CMS) finalized fee updates. The CMS introduced Monday that it finalized the calendar yr 2025 Price Announcement for the Medicare Benefit (MA) and Medicare Half D Prescription Drug (Half D) applications that updates fee insurance policies for these applications and ensures fee accuracy.
• MicroStrategy Included MSTR shares declined 7.1% to $1,521.00 in pre-market buying and selling amid a decline in Bitcoin.
• Bit Digital, Inc. BTBT shares fell 5.4% to $2.61 in pre-market buying and selling amid a decline in Bitcoin.
• CVS Well being Company CVS shares declined 5.2% to $75.41 in pre-market buying and selling after the Facilities for Medicare & Medicaid Companies (CMS) finalized fee updates.
• Lotus Know-how Inc. LOT shares declined 4.7% to $6.54 in pre-market buying and selling. Lotus Know-how is anticipated to report its unaudited fourth quarter earlier than the opening bell on April 8, 2024.

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