Check out the companies making headlines before the bell: Procter & Gamble – Stock fell 0.8% after reporting weaker-than-expected revenue. The home goods maker posted revenue of $21.74 billion, while analysts surveyed by LSEG estimated it at $21.91 billion. The company attributed this shortage to low demand in China. Adjusted EPS of $1.93 beat estimates of $1.90 per share. Netflix – Shares rose 6.3% after the streaming giant beat Wall Street expectations for the third quarter. Netflix reported earnings per share of $5.40 on revenue of $9.83 billion, while analysts surveyed by LSEG expected earnings of $5.12 per share on revenue of $9.77 billion. The company also saw ad-supported memberships rise 34% quarter-over-quarter. CVS Health – Shares fell 11% after the drugstore chain announced that longtime CEO David Joyner had replaced Karen Lynch as CEO. CVS also guided for third-quarter adjusted earnings of between $1.05 and $1.10 per share, below the $1.69 per share expected by analysts surveyed by FactSet. WD-40 – Shares of the maintenance products maker fell 4% after a disappointing fiscal fourth-quarter earnings report. The company reported earnings of $1.23 per share, versus the FactSet consensus forecast of earnings of $1.34 per share. Full-year earnings guidance of between $5.20 and $5.45 per share also came in below estimates of $5.69 per share. Western Alliance Bancorp – Regional bank stock fell more than 4%. Despite generating revenue of $823 million versus LSEG analyst estimates of $808 million, net interest income declined 3% in the third quarter. American Express – Shares of the credit card company fell 3.4% on the back of a mixed earnings report. Revenue of $16.64 billion came in below LSEG's forecast of $16.67 billion. However, earnings per share of $3.49 beat expectations of $3.28. Apple – The tech giant advanced 2% after Bloomberg reported that iPhone sales in China jumped 20% year over year in the first three weeks of sales. Solid – Semiconductor Materials stock fell more than 5% after B. Riley downgraded the stock to neutral from buy, citing limited upside potential after shares surge 142% in 2024. SLB – Shares fell 1.7% after announcing Schlumberger reported third-quarter revenue that was lower than estimates. Revenues of $9.16 billion fell short of LSEG's forecast of $9.25 billion. On the other hand, adjusted earnings of 89 cents per share beat expectations of 88 cents in EPS. Intuitive Surgery – The stock added more than 6% after the maker of the da Vinci surgical robot beat both the top and bottom lines in the third quarter. Intuitive Surgical had earnings of $1.84 per share on revenue of $2.04 billion, while analysts surveyed by LSEG expected earnings of $1.63 per share on revenue of $2 billion. Ally Financial – The digital bank stock fell nearly 1% despite earnings beating analyst estimates in the third quarter. The company reported adjusted earnings per share of 95 cents on revenue of $2.1 billion. Analysts surveyed by FactSet had called for 52 cents in earnings per share and revenue of $2.03 billion. Crown Holdings – The consumer goods packaging company rose more than 4% after raising its full-year guidance. Crown Holdings is trending toward adjusted EPS of between $6.25 and $6.35 per share. Analysts were expecting $6.15 in earnings per share, per FactSet. Adjusted earnings beat estimates in the third quarter, while revenue was in line with expectations. Comerica – Shares of the mid-cap bank rose nearly 1% after a stronger-than-expected third-quarter report. Comerica had earnings of $1.33 per share on $534 million in revenue, compared to the $1.17 per share and $527.9 million in revenue that analysts had expected, according to FactSet. The bank's net income decreased year-on-year. — CNBC's Pia Singh, Sarah Main, Jessie Pound and Michelle Fox contributed reporting.
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