06 Feb F, LLY, HON, ARM and more
Check out the companies making headlines in premarket trading: Ford — The automaker’s shares dropped more than 5% in premarket trading after the company issued soft 2025 guidance , citing “headwinds related to market factors.” Ford did beat Wall Street’s fourth-quarter expectations, however. Bristol Myers Squibb — Shares pulled back nearly 6% after its full-year outlook missed Wall Street estimates. The biopharmaceutical company expects full-year revenue of roughly $45.5 billion, while analysts surveyed by LSEG were looking for $47.36 billion. Qualcomm — The semiconductor stock declined 5% despite the company reporting better-than-expected quarterly results and forward guidance. Qualcomm earned $3.41 per share on an adjusted basis on revenue of $11.67 billion, while analysts polled by LSEG forecast earnings of $2.96 per share and $10.93 billion in revenue. Honeywell International — The conglomerate’s stock slipped more than 3% after Honeywell announced plans to split into three separate companies. The move came under pressure from activist investor Elliott Management. In addition, it offered a 2025 forecast that was lighter than expected. Honeywell projected adjusted earnings per share of $10.10 to $10.50 per share. Analysts had penciled in $10.92 per share, according to FactSet. Eli Lilly — The pharmaceutical giant moved 1% higher after reporting an earnings beat and revenue miss for its fourth quarter. While sales of its weight loss drug Zepbound and diabetes drug Mounjaro soared, they had lower realized prices. The results were consistent with preliminary results Eli Lilly released in January. Skyworks Solutions — The semiconductor company declined nearly 30% after announcing that current president and CEO Liam Griffin will step down and be replaced by Inseego executive chairman Philip Brace, as of Feb. 17. Skyworks posted first-quarter earnings ahead of analysts’ estimates, while its revenue matched analysts’ estimates, per LSEG. Arm Holdings — Shares slipped more than 4%. Arm’s third-quarter results surpassed analysts’ estimates on the top and bottom lines. However, the top end of its full-year revenue outlook was trimmed from its previous forecast. Arm expects full-year revenue in the range of $3.94 billion to $4.04 billion, compared with a prior outlook that called for $3.80 billion to $4.10 billion. Yum Brands — Stock in the fast-food chain gained about 3% after fourth-quarter earnings came in slightly above analysts’ estimates. The company earned $1.61 per share, excluding items, while analysts polled by FactSet were looking for $1.60. Yum’s revenue in the fourth quarter of $2.36 billion matched analysts’ estimates. Molina Healthcare — The insurance stock was 9% lower after fourth-quarter adjusted earnings of $5.05 per share missed the forecast of $5.88 per share from analysts surveyed by FactSet. The company’s revenue of $10.5 billion was above the expected $10.28 billion. Helmerich & Payne — Shares dropped 5% after Helmerich & Payne posted fiscal first-quarter revenue of $677.3 million, weaker than the FactSet consensus estimate of $692.6 million. On the other hand, the oil and gas drilling company posted adjusted earnings of 71 cents per share, topping the expected 68 cents in earnings per share. Peloton — Shares advanced more than 15% after ringing up better-than-expected revenue in the second quarter. Peloton reported revenue of $674 million, while analysts polled by LSEG were looking for $654 million. The exercise equipment company also upped its full-year earnings guidance and edged closer to turning a profit. Roblox — The video game stock fell 20% after fourth-quarter bookings of $1.36 billion came in below expectations of $1.37 billion, according to FactSet. The company also reported 85.3 million daily active users, below the 88.2 million expected, according to StreetAccount. For 2025, Roblox expects bookings to be between $5.2 billion and $5.3 billion. — CNBC’s Sarah Min, Yun Li, Michelle Fox and Jesse Pound contributed reporting. Correction: Analysts expected Yum Brands to report earnings per share of $1.60. A previous version misstated the estimate.