Check out the companies that make headlines in pre-market transactions. Spotify – Music streaming inventory fell 5% after reporting operating profit of 59 million euros for the first quarter, but analysts voted by FactSet supplying pencils at 519.9 million euros. Spotify’s 4.2 billion euros revenue was in line with estimates, while 678 million monthly active users were in line with previous guidance. General Motors – US automaker stock slipped about 2% before the opening bell. General Motors surpassed first-quarter estimates on Wall Street’s top and bottom lines, but said it would reassess the full-year outlook due to President Donald Trump’s tariffs and broader macroeconomic uncertainty. The company also said it would suspend additional share buybacks. HIMS & HERS HEALTH – Shares in TeleHealth Company have skyrocketed over 39% following news that Novo Nordisk is planning to offer weight loss medications through HIMS’s platform. Royal Caribbean – Cruise operators earned 5.4% after posting first quarter revenue beats and raising full-year guidance. Royal Caribbean is expected to increase between $14.35 and $14.65 per share, between $14.55 and $15.55 per share. Analysts voted by FactSet were hoping for guidance of $14.94 per share. The company said there are record bookings in the Deutsche Bank wave. The German lender said it rose 3%, and net revenues in the company’s investment banking segment increased 10% after reporting a profit jump of 39% in the first quarter. REGENERON – Biotechnology inventory fell 7.5% after quarter results missed top and bottom line estimates. Regeneron reported $8.22 in adjusted earnings per share of $3.03 billion. Analysts surveyed by Factset painted the pencil at $8.62 per share, earnings of $3.25 billion. Regeneron also lowered its year-round guidance for total margins. SOFI Technologies – Digital Financial Services Company shares jumped nearly 6% against strong first quarter results. SOFI reported adjusted net revenue of $770.7 million, but analysts voted by FactSet had expected $739 million for that period. The adjusted EBITDA was announced at $210 million, significantly higher than analysts’ expected $177.5 million. COCA-COLA – Shares rose 1%, breaking the LSEG consensus estimate by 71 cents after the beverage giant recorded first-quarter adjusted earnings of 73 cents per share. Coca-Cola reports adjusted revenue of $11.22 billion, exceeding the expected $11.14 billion. The company also reaffirmed its full-year outlook, stating that the impact of global trade disputes should be “manageable.” Waste Management – Shares in waste collection and disposal companies fell 2% after first quarter revenues were lighter than expected. Waste Management reported revenue of $6.02 billion, below the $6.1 billion forecast by analysts voted by FactSet. Pfizer – Drug maker stocks fell more than 1% after companies expanded their cost-cutting efforts and reported first-quarter profits above estimates. However, Pfizer’s sales are primarily due to Covid’s decline in revenue. Pfizer maintained its guidance for 2025, but noted that it is currently unpredictable to the impact from tariffs. Honeywell International – Manufacturing and technology inventory reached nearly 4% of first quarter results than expected. Honeywell reported earnings of $2.51 per share excluding items, with revenue of $9.82 billion. Analysts voted on FactSet are projecting revenue of $2.21 per share and $9.59 billion. BP – UK Petroleum Behemoth stock slipped 3.4% in the first quarter with weaker net profits than expected, amid a broader strategic reset for the company. BP reported a net profit of $1.38 in the first quarter, with analysts voted by LSEG looking for $1.6 billion. NXP Semiconductors NV – Chip stock has fallen by nearly 8% even as the company surpassed top-line and bottom-line expectations in the first quarter, but NXP has announced that Rafael Sotomayor will replace Kurt Sievers as CEO. The low-end of NXP’s second-quarter revenue outlook was similar to the bottom of its revenue forecast, missing consensus estimates from analysts voted by Factset. United Parcel Services – The stock rose nearly 2% after the delivery giant reported first-quarter earnings of $1.49 per share, exceeding the $1.38 expected from analysts voted by LSEG. Revenue also surpassed its $21.5 billion forecast, compared to a consensus estimate of $21.5 billion. Additionally, UPS said it would cut 20,000 jobs to manage costs. Leggett & Platt – The stock has won over 15% after bedding products companies repeated its full year outlook. Executives said the company should get net profits from President Donald Trump’s tariff plans, but warned that the job could clash with consumer confidence and discretionary demands. Sherwin-Williams – Shares jumped 5% after the paint and coating company reported first-quarter earnings above estimates and reaffirmed full-year guidance. Sherwin-Williams recorded an adjusted earnings of $2.25 per share. Meanwhile, revenues of $5.31 billion fell below the expected $5.4 billion. – Reported by CNBC’s Lisa Han, Pia Singh, Jesse Pound, Sarah Min, Yun Lee and Michelle Fox.
Spot, Heem, shw, ups etc.
