Check out the companies making headlines before the bell: Walt Disney Company — The media giant fell more than 4% on mixed fiscal fourth-quarter results . The company earned an adjusted $1.11 per share, beating an LSEG estimate of $1.05 per share. Revenue, however, came in at $22.46 billion, below a consensus forecast of $22.75 billion. Firefly Aerospace — Shares of the Texas-based aerospace company surged more than 20% following strong third-quarter results. Firefly reported a narrower-than-expected adjusted loss and topped revenue expectations for the period, according to LSEG consensus estimates. Firefly also said it expects fiscal year 2025 revenue to come out between $150 million to $158 million, higher than the $136 million consensus forecast. Dillard’s — The retailer jumped more than 8% after the company’s third-quarter revenue topped analyst estimates. Dillard’s posted $1.49 billion in revenue for the period, compared to the $1.43 billion that analysts polled by FactSet had expected. Comparable store sales also gained 3%, while analysts anticipated them to remain flat. TKO Group Holdings — Shares rose 2.8% after the parent company of UFC and Zuffa Boxing said it signed a multiyear partnership with Polymarket to bring real-time prediction markets into live combat sports. Cisco Systems — Shares climbed more than 6% after the networking company reported fiscal first-quarter results that were stronger than expected. Cisco posted adjusted earnings of $1 per share on $14.88 billion in revenue. Analysts surveyed by LSEG expected earnings of 98 cents per share on $14.77 billion in revenue. Alibaba Group — Shares popped 4% after Bloomberg, citing people familiar, reported the company is preparing to revamp an AI mobile app to look more similar to ChatGPT. Flutter Entertainment — The world’s largest sports betting and gambling company dipped more than 3% after cutting its full-year guidance, because of winning streaks from gamblers. Otherwise, Flutter reported mixed earnings and revenue as compared to LSEG consensus estimates. Separately, it announced a new prediction markets app called FanDuel Predicts that’s set to launch in December. Ibotta — Shares plunged more than 20% after the cash-back rewards platform issued disappointing fourth-quarter revenue guidance of between $80 million and $85 million. Analysts polled by LSEG had expected $84 million. Otherwise, Ibotta topped earnings and revenue expectations in its most recent quarter. Webtoon Entertainment — The online comics platform tumbled nearly 27% after reporting third-quarter revenue of $378 million, short of the $385 million consensus estimate per LSEG. However, Webtoon’s adjusted earnings were 4 cents per share, versus the loss of 12 cents a share expected from analysts. Nike — Shares of the athletic retailer pop ped 2.9% on the back of a Wells Fargo upgrade to overweight from equal weight. Wells Fargo said its profit and loss figures could be hitting a bottom. — CNBC’s Michelle Fox, Alex Harring, Yun Li and Fred Imbert contributed reporting
Walt Disney, Cisco Systems, Firefly Aerospace 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!
