Check out the companies making headlines before the bell:
Estee Lauder – The cosmetics maker reported adjusted quarterly profit of 64 cents per share, 11 cents a share above estimates. Revenue also beat forecasts and Estee Lauder issued a better-than-expected full-year outlook. The company mentioned escalating U.S.-China trade tensions as a potential source of risk, however.
Palo Alto Networks – Palo Alto announced that its executive vice president of worldwide sales, Dave Peranich, is stepping down. The cybersecurity company’s stock fell 7.2% Friday after the initial reports of his impending departure.