Stock Groups

Boeing, AT&T, Mattel and others

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See which companies are making the headlines even before the bell rings.

Boeing (BA) – Boeing reported a loss of $7.69 per share for the fourth quarter, as it took $4.4 billion in charges relating to a variety of issues, including delivery delays for the 787 widebody jet. Analysts expected to see a loss in the range of 42 cents per shares. Boeing reported positive cash flow during the quarter. The stock also rose 1.1% premarket.

AT&T (T) – AT&T gained 1% in the premarket after reporting better-than-expected fourth-quarter profit and revenue. AT&T beat estimates by 2 cents with an adjusted quarterly profit of 78 cents per share, helped by strong growth for its HBO Max unit.

Mattel (MAT) – Mattel surged 7.9% in premarket trading after the Wall Street Journal reported Mattel won back the rights to produce toys based on Walt Disney’s “Frozen” franchise from Hasbro (HAS). Hasbro fell 1.7%.

Corning (GLW) – Corning rallied 7.7% in premarket trading after reporting better-than-expected quarterly earnings and revenue. Corning also released a positive forecast, indicating that it expects to see growth in optical components, automotive, and life sciences.

Kimberly-Clark (KMB) – The consumer products company’s stock fell 4.4% in the premarket after issuing weaker-than-expected revenue and earnings guidance. Kimberly-Clark, however, reported better-than-expected revenue and profit for its fourth quarter.

DraftKings (DKNG) – The sports betting company’s stock jumped 6.7% in the premarket after Morgan Stanley upgraded it to “overweight” from “in-line.” DraftKings, the firm stated that there are likely to only be a few winners in the U.S. market for sports betting and gambling.

Microsoft (MSFT) – Microsoft reported a quarterly profit of $2.48 per share, 17 cents above estimates, with revenue also beating Wall Street forecasts. Microsoft gave a more positive forecast for this quarter due to strong cloud services revenue growth. Microsoft rose 3.8% in premarket trade.

Texas Instruments (TXN) – Texas Instruments earned $2.27 per share for its latest quarter, compared with a consensus estimate of $1.94, and revenue above estimates. A strong semiconductor demand has led to the chipmaker issuing an outlook that outperformed analyst predictions. The shares rose 4.3% during premarket trading.

F5 (FFIV) – F5 slumped 13% in premarket trading after the cloud security company’s current quarter guidance fell below analyst forecasts. The impact of supply-chain issues also impacted the company’s full-year outlook.

Navient (NAVI) – Navient tumbled 11.7% in the premarket after the student loan servicing company reported a quarterly loss amid higher expenses and falling revenue.

JinkoSolar (JKS) – Jinko Solar shares surged 15% in premarket trading after the solar company’s shares more than doubled during their first day of trading in Shanghai and reached a premium of about 800% over the U.S.-listed shares.

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