Skechers Posts Downbeat Results, Joins e.l.f. Beauty, LiveRamp And Other Big Stocks Moving Lower In Friday's Pre-Market Session

Summary of Key Points Core Viewpoint - Skechers U.S.A., Inc. reported disappointing fourth-quarter financial results, leading to a significant drop in its stock price during pre-market trading. The company's guidance for the first quarter also fell below analyst expectations [1][2]. Financial Performance - Skechers reported quarterly earnings of 65 cents per share, missing the analyst consensus estimate of 74 cents per share [2]. - The company reported quarterly sales of $2.21 billion, which also fell short of the analyst consensus estimate of$2.22 billion [2]. - As a result of these results, Skechers shares dipped 12.1% to $66.49 in pre-market trading [2]. Other Companies' Performance - BILL Holdings, Inc. saw its shares fall 28.4$68.89 after issuing third-quarter total revenue guidance below estimates [3]. - e.l.f. Beauty, Inc. shares tumbled 25.2% to $66.17 following FY25 guidance that was below estimates [3]. - Cyngn Inc. experienced a 22$0.0660 in pre-market trading [3]. - LiveRamp Holdings, Inc. declined 15.4% to $30.01 after posting third-quarter results [3]. - Concentra Group Holdings Parent, Inc. shares dipped 11.7$20.51 ahead of its fourth-quarter financial results release [3]. - CVRx, Inc. fell 8.1% to $13.52 after reporting mixed fourth-quarter financial results [3]. - Microchip Technology Incorporated saw a 6.6$49.60 due to weaker-than-expected third-quarter results and weak fourth-quarter earnings guidance [3]. - Illumina, Inc. declined 4.6% to $117.20 following its fourth-quarter results [3].