Take a look at the companies that appear in the headlines before the bell:
Uber (UBER) – Uber fell 1% in pre-market trading after reporting quarterly losses and revenues that exceeded forecasts. Uber saw an increase in travel volumes during the quarter, while food supplies also continued to grow.
Brinker International (EAT) – The mother of Chili’s and other restaurant chains fell 10 cents less than estimates with adjusted quarterly earnings of 92 cents a share and issued a lower-than-expected earnings outlook. Brinker pointed to challenging spending on goods and labor, and shares fell 10.3% on the preliminary market.
Generac (GNRC) – The maker of spare generators and other power equipment jumped 5.3% in the premarket after surpassing the above and final estimates for its last quarter. Generac won an adjusted $ 2.09 per share, beating the consensus estimate of $ 1.94.
Moderna (MRNA) – Moderna shares rose 8.1% in pre-market trading, as the vaccine manufacturer’s quarterly results were well above forecasts. Moderna earned $ 8.58 per share for the quarter, compared to a consensus estimate of $ 5.21.
Tupperware (TUP) – The manufacturer of storage products fell 19.9% on the stock market after missing the above and final estimates for its last quarter and withdrew its full-year forecast. the company noted the uncertainty surrounding the Russia / Ukraine conflict, as well as the fundamental changes that are being made in its business.
Lyft (LYFT) – Lyft fell 25.4% in pre-market trade after the trucking company said it would increase costs to attract more drivers, leading to a profit forecast that did not match Wall Street forecasts. .
Starbucks (SBUX) – Starbucks compared estimates with adjusted quarterly earnings of 59 cents a share and earnings slightly above forecasts. CEO Howard Schultz spoke in detail about the improved salaries and benefits for coffee chain employees, although he added that the unions would have to negotiate their own deals. Starbucks jumped 6.4% in overmarkets.
Advanced Micro Devices (AMD) – AMD shares rose 6.1% in the pre-market after the chipmaker reported high and low results for the last quarter. AMD earned an adjusted $ 1.13 per share compared to the consensus estimate of 91 cents. It also issued a stronger-than-expected outlook amid increased demand from data centers for its chips.
Airbnb (ABNB) – Airbnb reported a quarterly loss of 3 cents per share, less than analysts expected a loss of 29 cents. Revenues also exceeded forecasts, as passengers continued to book rent even at rising prices from hosts. Airbnb jumped 5.2% before market action.
Match Group (MTCH) – Shares of Match Group fell 6.1% in pre-market trading after the news that the CEO of dating service Shar Duby will resign in late May. She will be replaced by Zynga (ZNGA) President Bernard Kim. Separately, Match Group reported better-than-expected earnings and revenue for its most recent quarter.
Livent (LTHM) – Lithium producer shares rose 19.8% in pre-market action after reporting better-than-expected quarterly earnings and raising its revenue forecast for 2022. Livent is taking advantage of strong lithium demand, used in batteries for electric vehicles.
Akamai Technologies (AKAM) – Shares of the cybersecurity company fell 13.9% in the pre-market after Akamai missed the final estimates for its last quarter, although revenues were in line. CEO Tom Leighton noted that the company is facing a challenging global environment, as well as winds associated with the strong US dollar.
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