Are you looking to stay ahead of the curve when it comes to investing in the stock market? Look no further than Extreme Investor Network for the latest updates on companies making big moves in premarket trading.
General Motors (GM) has seen a 4% increase in its stock after reporting earnings of $2.62 per share on revenues of $43.01 billion for the first quarter. Analysts were expecting $2.15 per share on revenues of $41.92 billion. GM also raised expectations for adjusted automotive free cash flow, setting a new forecast between $8.5 billion and $10.5 billion.
Meanwhile, GE Aerospace saw its shares jump over 4% after posting earnings of 82 cents per share on revenues of $16.1 billion, surpassing analysts’ expectations. On the other hand, United Parcel Service (UPS) experienced a 0.8% decline in its stock as revenue fell below forecasts despite beating earnings estimates for the first quarter.
Pepsico reported stronger-than-expected earnings for the first quarter, but shares dipped slightly. The snack and beverage company reported $1.61 in adjusted earnings per share on $18.52 billion in revenue, surpassing analyst expectations.
In the pharmaceutical sector, Novartis saw a 5% increase in its U.S.-listed shares after beating first-quarter expectations and raising its full-year guidance. And in the airline industry, JetBlue Airways tumbled 10.5% following a revenue drop in the current quarter that was worse than analysts anticipated.
These are just a few of the companies making waves in premarket trading. Stay informed and make informed investment decisions by following Extreme Investor Network for the latest updates and analysis on the stock market. Don’t miss out on the opportunity to be a savvy investor with our unique insights and expert analysis.
