Check out which companies are making headlines in pre-market trading. Eli Lilly – The drug company's stock fell 7.5% after it beat analysts' expectations for the third quarter and lowered full-year guidance. Eli Lilly earned $1.18 per share, excluding items, on revenue of $11.44 billion. Analysts surveyed by LSEG had expected earnings of $1.47 per share and revenue of $12.11 billion. Super Micro Computer – Shares fell more than 30% after revelations that an auditor had resigned. The auditor from Ernst & Young has disagreed with the company for several months over its governance and the independence of the board. Caterpillar – Shares fell more than 5% premarket after the industrial giant reported weaker-than-expected third-quarter earnings. The company reported earnings of $5.17 per share, while analysts surveyed by LSEG expected earnings of $5.34 per share. Revenue also decreased by 4% year over year to $16.11 billion. XPO – Shares of the logistics company rose 3.9% after beating Wall Street expectations for the third quarter. XPO earned $1.02 per share, excluding items. Analysts surveyed by FactSet estimated earnings per share at just 90 cents. Revenue was $2.05 billion for the three-month period, slightly above expectations of $2.02 billion. VinFast Auto – The electric car maker's stock rose 5.1% after announcing strategic partnerships with four groups in the Middle East. Bloomberg reported that the Emirates Driving Company, one of the four organizations, will lead a financing campaign for VinFast, with total investments expected to reach $1 billion. Chipotle – Shares fell about 6% after the fast food chain reported weaker-than-expected revenue for the third quarter. Same-store sales, a key metric for restaurants, also lost 6%. Analysts surveyed by StreetAccount expected growth of 6.3%. Alphabet – Shares of the search giant rose nearly 7% thanks to strong third-quarter earnings that beat Wall Street's top and bottom estimates. Google's parent company also reported strong cloud revenue growth, up about 35% from the same period last year. Snap – The social media platform rose 10.5% after beating earnings expectations and announcing a $500 million stock buyback program. Snap reported adjusted earnings per share of 8 cents for the third quarter and revenue of $1.37 billion, while analysts surveyed by LSEG expected 5 cents and $1.36 billion, respectively. Corfu – Semiconductor Solutions stock fell 19.5% on weak earnings guidance for the current quarter that overshadowed a better-than-expected report for the fiscal second quarter. Raymond James downgraded its rating to market perform from outperform and removed its price target following the report. Visa – Shares rose about 2% after the global payments company's quarterly results for its fiscal fourth quarter beat Wall Street estimates. Visa reported adjusted earnings of $2.71 per share on revenue of $9.62 billion. That's higher than the $2.58 per share on revenue of $9.49 billion that analysts surveyed by LSEG were looking for. In addition, the company raised its quarterly dividend by 13% to 59 cents. Advanced Micro Devices – The semiconductor company's stock fell 8%. AMD said after the bell on Tuesday that it expects fourth-quarter revenue to reach $7.5 billion, in line with LSEG consensus estimates and down 22% year over year. Third-quarter adjusted earnings per share met expectations, while revenue beat estimates. Reddit – The social media stock rose 22% after a better-than-expected third-quarter report that showed a surprising swing toward profit. Reddit reported earnings of 16 cents per share on revenue of $348.4 million. Analysts surveyed by LSEG were expecting a loss of 7 cents per share and revenue of $312.8 million. Reddit also said revenue would likely range between $385 million and $400 million in the fourth quarter, above estimates of $357.9 million. First Solar – Shares fell 7% after the solar equipment supplier reported weaker-than-expected third-quarter earnings and revenue, while also lowering its full-year guidance. First Solar reported earnings per share of $2.91 on revenue of $887.7 million. Analysts surveyed by FactSet expected earnings of $3.16 per share on revenue of $1.08 billion. — CNBC's Jesse Pound, Sarah Main, Sean Conlon, Michelle Fox, Samantha Sobin and Fred Imbert contributed reporting.
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