Check out the companies making the biggest moves in premarket trading: General Motors — The automaker saw its stock rise 4% after it posted $2.62 per share on revenues of $43.01 billion for the first quarter. Analysts expected $2.15 per share on revenues of $41.92 billion, per LSEG. GM also raised expectations for adjusted automotive free cash flow to between $8.5 billion and $10.5 billion, from an earlier forecast of between $8 billion and $10 billion. GE Aerospace — Shares gained more than 4% after the company posted earnings of 82 cents per share for the first quarter on revenues of $16.1 billion. The results were better than analysts’ expectations of 65 cents per share on revenues of $15.14 billion, according to LSEG. United Parcel Service — The stock lost 0.8% as UPS’s first quarter earnings topped estimates but revenue came in below forecasts amid muted demand for small-package delivery. UPS posted $1.43 adjusted earnings per share while analysts had estimated $1.29 earnings per share, according to LSEG. Pepsico — Shares of the snack and beverage company edged lower despite a stronger-than-expected first quarter . Pepsico reported $1.61 in adjusted earni …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making the biggest moves in premarket trading: General Motors — The automaker saw its stock rise 4% after it posted $2.62 per share on revenues of $43.01 billion for the first quarter. Analysts expected $2.15 per share on revenues of $41.92 billion, per LSEG. GM also raised expectations for adjusted automotive free cash flow to between $8.5 billion and $10.5 billion, from an earlier forecast of between $8 billion and $10 billion. GE Aerospace — Shares gained more than 4% after the company posted earnings of 82 cents per share for the first quarter on revenues of $16.1 billion. The results were better than analysts’ expectations of 65 cents per share on revenues of $15.14 billion, according to LSEG. United Parcel Service — The stock lost 0.8% as UPS’s first quarter earnings topped estimates but revenue came in below forecasts amid muted demand for small-package delivery. UPS posted $1.43 adjusted earnings per share while analysts had estimated $1.29 earnings per share, according to LSEG. Pepsico — Shares of the snack and beverage company edged lower despite a stronger-than-expected first quarter . Pepsico reported $1.61 in adjusted earni …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
