Check out the companies making headlines before the bell: Meta Platforms — The Facebook parent company plunged more than 14% after issuing lighter-than-expected second-quarter revenue guidance . However, first-quarter earnings and revenue both came above analysts’ estimates. Honeywell — The industrial stock rose 2.2% in premarket trading after the company posted earnings per share of $2.25, beating LSEG analysts’ estimates of $2.17. Revenue for the quarter came in at $9.11 billion, compared to the $9.03 billion analysts were expecting. Merck — The pharmaceutical giant added 2.1% on stronger-than-expected earnings for the first quarter. Merck earned an adjusted $2.07 per share on $15.78 billion in revenue. Analysts surveyed by LSEG forecast $1.88 in earnings per share and $15.20 billion in revenue. Southwest Airlines — Shares tumbled nearly 9% after the airline missed on both top and bottom lines. The company reported adjusted losses of 36 cents per share, wider than the expected loss of 34 cents, per LSEG. Revenue of $6.33 billion also missed estimates of $6.42 billion. Southwest, which is one of Boeing’s biggest customers, warned that Boeing’s airplane delays would pressure its growth into 2025. American Airlines — Shares rose about 6% despite a wider-than-expected loss for the first quarter. American lost an adjusted 34 cents per share versus 29 cents projected by analysts surveyed by LSEG. However, Ameri …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines before the bell: Meta Platforms — The Facebook parent company plunged more than 14% after issuing lighter-than-expected second-quarter revenue guidance . However, first-quarter earnings and revenue both came above analysts’ estimates. Honeywell — The industrial stock rose 2.2% in premarket trading after the company posted earnings per share of $2.25, beating LSEG analysts’ estimates of $2.17. Revenue for the quarter came in at $9.11 billion, compared to the $9.03 billion analysts were expecting. Merck — The pharmaceutical giant added 2.1% on stronger-than-expected earnings for the first quarter. Merck earned an adjusted $2.07 per share on $15.78 billion in revenue. Analysts surveyed by LSEG forecast $1.88 in earnings per share and $15.20 billion in revenue. Southwest Airlines — Shares tumbled nearly 9% after the airline missed on both top and bottom lines. The company reported adjusted losses of 36 cents per share, wider than the expected loss of 34 cents, per LSEG. Revenue of $6.33 billion also missed estimates of $6.42 billion. Southwest, which is one of Boeing’s biggest customers, warned that Boeing’s airplane delays would pressure its growth into 2025. American Airlines — Shares rose about 6% despite a wider-than-expected loss for the first quarter. American lost an adjusted 34 cents per share versus 29 cents projected by analysts surveyed by LSEG. However, Ameri …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
