Check out the companies making headlines before the bell: United Parcel Service — Shares fell more than 14% in premarket trading after the delivery giant said it reached a deal with Amazon , its largest customer, “to lower its volume by more than 50% by the second half of 2026.” UPS also said it is launching a multiyear effort to cut $1 billion in costs. Microsoft — Shares of the software giant dropped around 4% a day after it issued lighter-than-expected revenue guidance for the current quarter. Microsoft called for revenue of $67.7 billion to $68.7 billion in the fiscal third quarter, while analysts estimated $69.78 billion, according to LSEG. Meanwhile, fiscal second-quarter results came above consensus expectations. Caterpillar — The equipment manufacturer shed 4% after posting fourth-quarter revenue of $16.22 billion, under the consensus estimate of $16.39 billion from analysts polled by LSEG. On the other hand, Caterpillar earned $5.14 per share, excluding items, which exceeded the Wall Street forecast of $5.02 per share. Comcast — Shares fell more than 6% after reporting a decline in broadband and cable TV customers. Domestic broadband customers fell by 139,000, while the number of cable users slipped by 311,000. Despite the decline in subscribers, the company reported a top- and bottom-line beat in the fourth quarter. Comcast earned 96 cents per share, excluding items, on $31.92 billion in revenue. Analysts polled by LSEG estimated earnings of 86 cents per share on revenue of $31.64 billion. Meta — Mark Zuckerberg’s tech giant’s stock rose 2% in premarket trading after the company reported fourth-quarter earnings that beat on the top and bottom lines. Sales in the quarter jumped 21% year over year while net income grew 49% to $20.8 billion from $14 billion a year earlier. Tesla — Shares of the electric vehicle maker gained 4% even after Tesla posted weaker-than-expected results for the fourth quarter. The company reported adjusted earnings of 73 cents per share on revenue of $25.71 billion. Analysts were looking for 76 cents in earnings per share and $27.27 billion in revenue, according to LSEG. Las Vegas Sands — The casino and resort stock popped more than 7% a day after it announced mixed quarterly results. The company earned 54 cents per share, excluding items, on revenue of $2.9 billion in the fourth quarter. Analysts surveyed by LSEG estimated Las Vegas Sands will earn 58 cents per share on $2.87 billion in revenue. ServiceNow — The software stock sank nearly 10% after its fourth-quarter results were in line with analysts’ expectations. ServiceNow earned $3.67 per share, excluding items, on revenue of $2.96 billion, which is what analysts surveyed by LSEG had estimated for the period. In addition, full-year subscription revenue is expected to be weaker than analysts had forecast. International Business Machines — Shares popped almost 10% in the premarket after the legacy tech company reported fourth-quarter earnings that beat analysts’ expectations. The company earned $3.92 per share, excluding items, while analysts polled by StreetAccount anticipated a profit of $3.78 per share. Revenue for IBM came in at $17.55 billion, about in line with expectations. Cigna — Shares of the health-care company sold off 11% after fourth-quarter earnings missed consensus estimates. Cigna reported adjusted earnings of $6.64 per share, while analysts surveyed by LSEG called for $7.82 per share. However, Cigna’s revenue of $65.65 billion topped forecasts of $63.36 billion. Dow — Shares dipped about 3% after Dow posted fourth-quarter operating earnings and revenue that fell short of expectations, and issued softer-than-expected first-quarter revenue guidance. For the fourth quarter, operating earnings came in flat with revenue of $10.41 billion. Analysts polled by FactSet estimated Dow would earn 24 cents per share on revenue of $10.51 billion. First-quarter revenue guidance of $10.3 billion fell short of the $10.9 billion FactSet consensus. American Airlines — Shares tumbled 4% the morning after a regional jet flying for the company collided with an Army helicopter, marking the first fatal commercial airline crash on U.S. soil since 2009. Southwest Airlines — Shares moved 2% lower. The airline reported fourth-quarter revenue of $6.93 billion, short of the $6.96 billion expected from analysts polled by FactSet. However, Southwest’s adjusted earnings were 56 cents per share, versus the consensus estimate of 46 cents. Levi Strauss — The apparel stock fell 7% after its 2025 forecast came in below expectations. Levi Strauss estimated that its adjusted earnings will be between $1.20 and $1.25 per share, including a hit of about 20 cents from foreign exchange and a higher tax rate. Wall Street analysts were estimating $1.37 per share, according to StreetAccount. Northrop Grumman — Shares of the defense company slipped 2% after Northrop missed sales expectations for its fourth quarter. The company posted revenue of $10.69 billion, while analysts polled by FactSet expected $10.97 billion. Earnings of $6.39 a share, excluding items, however, beat the consensus estimate of $6.35. Northrop’s CEO said the company expects to see continued top-line growth, margin expansion and double-digit cash flow growth. Disclosure: Comcast owns NBCUniversal, the parent company of CNBC. — CNBC’s Fred Imbert, Yun Li, Alex Harring, Jesse Pound, Sarah Min, Michelle Fox and Pia Singh contributed reporting.
UPS, MSFT, CAT and more
Related Posts
About Us
Our finance blog is your go-to resource for expert financial advice, covering everything from personal budgeting and saving strategies to smart investing and market analysis. Stay updated with the latest trends, tips, and insights to help you make informed decisions and achieve financial success.
Subscribe to Updates
Subscribe to Get the Latest Financial Tips and Insights Delivered to Your Inbox!
About Us
Our finance blog is your go-to resource for expert financial advice, covering everything from personal budgeting and saving strategies to smart investing and market analysis. Stay updated with the latest trends, tips, and insights to help you make informed decisions and achieve financial success.
Subscribe to Updates
Subscribe to Get the Latest Financial Tips and Insights Delivered to Your Inbox!