Check out the companies that are trending in pre-market trading. American Airlines — Shares fell 8% after the airline projected an adjusted loss of 20 cents to 40 cents per share in the first quarter. This is larger than the 2 cent loss expected by analysts surveyed by LSEG. However, American Airlines reported fourth-quarter profit and revenue beats. GE Aerospace — Shares rose more than 9% after the company’s fourth-quarter results beat analysts’ expectations on revenue and bottom line. GE Aerospace reported adjusted earnings per share of $1.32 and revenue of $9.88 billion. Analyst estimates compiled by LSEG were for earnings of $1.04 per share and revenue of $9.51 billion. Alaska Air Group — Airline shares rose about 2% after better-than-expected quarterly results. Alaska Airlines also expects a smaller-than-expected loss per share for the quarter, ranging from 70 cents to 50 cents, compared with the 75-cent loss expected by analysts polled by FactSet. Electronic Arts — The video game publisher’s stock price fell 17% after the company lowered its third-quarter and full-year outlook for net reservations, citing a slowdown in its football game franchise as a key factor. AST SpaceMobile — Shares fell 17% after the satellite company announced a $400 million convertible debt offering. Guidewire Software — The traded software stock rose nearly 5% before the opening bell after Goldman Sachs initiated coverage with a buy rating. Analyst Adam Hotchkiss named the company a leader in cloud modernization for property and casualty insurance. Plexus — Aftermarket electronics products shares fell 9% after the company announced disappointing second-quarter earnings guidance. Plexus expects revenue to be in the range of $960 million to $1 billion, compared with the $1.6 billion expected by analysts polled by FactSet. —CNBC’s Michelle Fox contributed reporting.
