A Southwest Airlines Company Boeing 737 passenger jet pushes past a gate at Midway International Airport (MDW) in Chicago, Illinois.
Luke Sharrett | Bloomberg | Getty Images
Check out the companies making the biggest moves premarket:
Southwest – Airline dropped 2.1% $220 million in damage reported The holiday meltdown cost the company millions for the fourth quarter and increased expenses.
Comcast – reported by the media company Fourth quarter earnings that beat Wall Street expectationsEarnings per share are coming in at 82 cents, compared with the 77 cents expected by analysts polled by Refinitiv. Revenue was $30.55 billion compared to the expected $30.32. However, shares were less than 1% in the premarket.
Tesla – The electric-vehicle maker rose 7% reporting record revenue and earnings green, CEO Elon Musk said Tesla may be able to produce 2 million cars this year.
las vegas sands — Shares of the hotel and casino operator rose nearly 4% despite posting weaker-than-expected financial results for the most recent quarter. Wall Street analysts cited upbeat comments about its reopening in Macao on the company’s earnings call for their positive outlook on the stock.
Levi Strauss — Shares of the denim maker popped 6% premarket on a better-than-expected quarterly report. Levi Strauss topped analysts’ revenue estimates and beat earnings estimates by 5 cents per share.
black Stone Blackstone shares declined less than 1% after the asset manager reported mixed earnings results. Total segment revenue fell short of expectations, while distributable earnings beat estimates by 12 cents per share.
purlin – The energy giant jumped more than 3% in the premarket after the company announced a $75 billion stock buyback program And the dividend increased from $1.42 per share to $1.51. The buyback program will become effective from April 1.
doe — The chemical giant posted fourth-quarter earnings, revenue and adjusted EBITDA that missed analyst expectations before Thursday’s bell, sending the stock down more than 3% in premarket trading.
IBM IBM shares fell 2.7% after the company reported its quarterly results on Wednesday generally exceeded Wall Street’s expectations But included an announcement that the firm would cut 3,900 jobs. IBM reported adjusted earnings per share of $3.60 per share on $16.69 billion in revenue, where analysts expected $3.60 per share and $16.4 billion in revenue per Refinitiv.
American Airlines – The airline gained 1.5% after the fourth quarter Profit beat Wall Street’s expectationsBecause of holiday demand and high rents.
seagate technology Shares jumped more than 8% in premarket trading after the data storage company reported last quarter earnings and revenue that beat expectations.
pfizer – The pharma giant was downgraded by UBS on Thursday, saying that estimates for Pfizer’s Covid franchise need to come down and its pipeline is too premature. Pfizer was up less than 1% in the premarket.
— CNBC’s Carmen Renicke, Yun Lee, Samantha Subin, Tanaya Machel and Michael Bloom contributed reporting.
Disclosure: Comcast is owned by NBCUniversal, the parent company of CNBC.