Netflix shares soar over 15% after beating earnings and revenue expectations, while United Airlines also rises on an optimistic outlook. Other companies making news include Procter & Gamble, Oracle, Ford, Abbott Labs, Seagate Technology Holdings, GE Vernova, Travelers, Textron, and Johnson & Johnson.
Check out the companies making headlines before the bell. Netflix — Shares popped more than 15% after the company announced a top- and bottom-line beat on Tuesday night. The streaming service earned $4.27 per share on $10.25 billion in revenue for the fourth quarter. Analysts surveyed by LSEG had expected earnings of $4.20 per share and revenue of $10.11 billion. Netflix also topped 300 million paid subscribers in the quarter.
03 billion expected by analysts, according to StreetAccount. Sales at its diagnostics division were down slightly year over year. Abbott expects to earn $1.05 to $1.09 per share on an adjusted basis in the first quarter, below the $1.11 per share expected by analysts, according to FactSet. Seagate Technology Holdings — Shares of the data storage company jumped more than 6% the day after it announced strong fiscal second-quarter results. Seagate Technology posted adjusted earnings of $2.
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