Check out the companies making headlines before the bell. Netflix — Shares soared more than 15% after the company announced higher revenue and profit Tuesday night. The streaming service had fourth-quarter revenue of $10.25 billion and earnings of $4.27 per share. Analyst estimates compiled by LSEG were for earnings of $4.20 per share and revenue of $10.11 billion. Netflix also surpassed 300 million paying subscribers in the same quarter. United Airlines — The airline’s stock rose 5% after the company reported better-than-expected guidance. United Airlines is expected to earn adjusted earnings of 75 cents to $1.25 per share in the first three months of 2025, LSEG said, beating analysts’ expectations of 54 cents. Trump Media & Technology — Truth Social’s parent company fell 2%, continuing its post-inauguration decline. The stock fell about 11% on Tuesday. Procter & Gamble — Shares rose 3% after P&G reported second-quarter profits and sales that beat analysts’ expectations. The company reported adjusted earnings of $1.88 per share, compared to analysts’ expectations of $1.86 per share, according to LSEG. Sales were $21.88 billion, exceeding expectations of $21.54 billion. P&G cited rising demand for household essentials. Oracle — Shares rose more than 10% after President Donald Trump on Tuesday announced Stargate, a joint venture with OpenAI, Oracle and SoftBank that would invest up to $500 billion in U.S. artificial intelligence infrastructure. . Ford — The automaker’s shares fell nearly 2% after Barclays downgraded the stock from overweight to equal weight. The investment bank expects volume headwinds and uncertainty about cost improvements to weigh on the stock. Abbott Laboratories — Healthcare stocks fell about 2% as fourth-quarter revenue of $10.97 billion fell short of analysts’ expectations of $11.03 billion, according to Street accounts. Diagnostic segment sales decreased slightly compared to the same period last year. Abbott expects first-quarter earnings to be between $1.05 and $1.09 per share on an adjusted basis, below analysts’ expectations of $1.11 per share, according to FactSet. Seagate Technology Holdings — The data storage company’s stock rose more than 6% a day after reporting strong fiscal second-quarter results. Seagate Technology reported adjusted earnings of $2.03 per share on revenue of $2.33 billion. Analyst estimates compiled by LSEG were for earnings of $1.88 per share and revenue of $2.32 billion. GE Vernova — The energy company rose about 1% after it reported fourth-quarter earnings of $1.73 per share and restated its 2025 outlook. However, sales came in at $10.56 billion, lower than the $10.79 billion expected by analysts surveyed by LSEG. Travelers — Insurance stocks soared more than 5% after fourth-quarter earnings beat expectations by a wide margin. Travelers earned $9.15 per share, beating estimates of $6.64 per share, according to LSEG. Sales were $12.01 billion, exceeding analysts’ expectations of $10.84 billion. Textron — Shares fell nearly 4% after the aviation and defense company missed top expectations. Textron had revenue of $3.61 billion in the fourth quarter, compared to analysts’ expectations of $3.81 billion, according to LSEG. Meanwhile, the company posted adjusted earnings of $1.34 per share, beating consensus estimates by just a penny. Johnson & Johnson — Shares fell 1.5% after the company narrowly beat expectations for the fourth quarter on strong sales of its cancer drug. However, the company’s sales forecast for 2025 was slightly lower than analysts’ expectations. —CNBC’s Jesse Pound, Michelle Fox and Pia Singh contributed reporting
