After-hours movers: First Republic sinks as deposits plunge, Whirlpool gains on ‘beat’

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Medpace Holdings (NASDAQ:MEDP) 21% HIGHER; reported Q1 EPS of $2.27, $0.45 better than the analyst estimate of $1.82. Revenue for the quarter came in at $434.1 million versus the consensus estimate of $401.83M. Medpace Holdings sees FY2023 revenue of $1.75-1.81 billion, versus the consensus of $1.71B.

First Republic Bank (NYSE:FRC) 20% LOWER; deposits plunged by over $100B and the company plans to cut its workforce by 20-25%.

Aaron’s (NYSE:AAN) 14% HIGHER; reported Q1 EPS of $0.66, $0.38 better than the analyst estimate of $0.28. Revenue for the quarter came in at $554.4M versus the consensus estimate of $565.94M. Aaron’s sees FY2023 EPS of $1.00-$1.40, versus the consensus of $0.92. Aaron’s sees FY2023 revenue of $2.15-2.25M, versus the consensus of $2.26M.

Packaging Corp (NYSE:PKG) 9% LOWER; reported Q1 EPS of $2.20, $0.06 worse than the analyst estimate of $2.26. Revenue for the quarter came in at $1.98B versus the consensus estimate of $2.08B.

Cadence Design Systems (NASDAQ:CDNS) 5% LOWER; reported Q1 EPS of $1.29, $0.03 better than the analyst estimate of $1.26. Revenue for the quarter came in at $1.02B versus the consensus estimate of $1.01B. Cadence Design Systems sees Q2 2023 EPS of $1.15-$1.19, versus the consensus of $1.26. Cadence Design Systems sees Q2 2023 revenue of $960-980M, versus the consensus of $1002M. Cadence Design Systems sees FY2023 EPS of $4.96-$5.04, versus the consensus of $5.59. Cadence Design Systems sees FY2023 revenue of $4.03-4.07B, versus the consensus of $4.463B.

Establishment Labs Holdings Inc . (NASDAQ:ESTA) 4% LOWER; commenced a public offering of its common shares, to be sold by the Company in a registered public offering.

Whirlpool (NYSE:WHR) 3% HIGHER; reported Q1 EPS of $2.66, $0.49 better than the analyst estimate of $2.17. Revenue for the quarter came in at $4.65B versus the consensus estimate of $4.49B. Whirlpool reaffirms FY2023 EPS of $16.00-$18.00, versus the consensus of $15.82.

Crown Holdings (NYSE:CCK) 3% HIGHER; reported Q1 EPS of $1.20, $0.15 better than the analyst estimate of $1.05. Revenue for the quarter came in at $2.97B versus the consensus estimate of $3.1B. Crown Holdings sees Q2 2023 EPS of $1.60-$1.70, versus the consensus of $1.76. Crown Holdings sees FY2023 EPS of $6.20-$6.40, versus the consensus of $7.38.

Hexcel Corp (NYSE:HXL) 2% LOWER; reported Q1 EPS of $0.50, $0.12 better than the analyst estimate of $0.38. Revenue for the quarter came in at $458M versus the consensus estimate of $429.38M. Hexcel Corp. sees FY2023 EPS of $1.70-$1.90, versus the consensus of $1.85. Hexcel Corp. sees FY2023 revenue of $1.73-1.83B, versus the consensus of $1.78B.