Hard to say what normal is. I think it is a good sign that they want to meet to discuss what to do to help your son; seems a real positive to me. In fact we had the principal and gifted coordinator at my son's school meet to discuss him, and when we met with the gifted coordinator they had a proposal for him to skip regular 2nd and into gifted which started in 3rd; which is exactly what we were prepared to advocate for.

For reading testing, different tests can key into different things. My DS8 was not a "word perfect" reader which showed poorly in some tests, but his actual ability and comprehension and word knowledge were really strong. I think F&P may be teacher delivered which gives a lot of room for subjective hampering. In K his teacher had scored him two grades higher than his 1st grade teacher did the following year.