Check out some of the largest moving companies on the pre-market:
American Airlines (AAL) – The airline lost $ 4.32 per share in the first quarter, a cent more than consensus estimates. The stock gained 3.6% ahead of its IPO after American announced that cash flow was positive at the end of the quarter, excluding debt payments.
Teradata (TDC) – The share of database and analytics software deployed in premarket retail increased 27.1% after preliminary first quarter data was released that was well above previous earnings forecasts. Teredata continues to benefit from its continued growth in cloud computing.
Equifax (EFX) – The credit bureau's stock rose 8.5% in premarket trading after posting better-than-expected earnings and increasing its forecast for the year. The company's performance was aided by a 59% increase in revenue from its workforce solutions business.
Tractor Supply (TSCO) – The farm equipment and supplies maker earned $ 1.55 per share in the most recent quarter, well above its consensus estimate of 97 cents per share. Revenue was also above forecast as revenue in comparable stores rose nearly 39%. Tractor Supply also raised its full year outlook, with shares up 7% ahead of the market.
AT&T (T) – AT&T reported quarterly earnings of 86 cents per share, 8 cents per share above estimates. Revenue was also higher than forecast, and AT&T had more wireless subscribers in the quarter than analysts expected. The share rose 1.1% in premarket trading.
Alaska Air (ALK) – The airline posted a loss of $ 3.51 per share for the first quarter, which was less than analysts' forecast of $ 3.63 per share. Income exceeded consensus estimates. The company said improved conditions allowed it to generate positive cash flow in March, and the stock was up 1.3% ahead of the IPO.
Southwest Airlines (LUV) – Southwest's quarterly loss of $ 1.72 per share was less than its expected loss of $ 1.85 per share. Revenue was largely in line with Wall Street projections, and Southwest was forecasting a lower cash burn rate for the current quarter as conditions improve.
DR. Horton (DHI) – The luxury home builder's shares rose 1.8% in the pre-market after reporting better-than-expected sales and earnings for the most recent quarter and forecasting strong full-year sales. Strong demand and low mortgage rates helped sales nearly double in the last quarter.
Chipotle Mexican Grill (CMG) – Chipotle shares rose 1.2% in premarket trading after the restaurant chain posted better-than-expected earnings and 17.2% sales growth in comparable stores. Digital revenue more than doubled in the quarter, and Chipotle expected comparable revenue to grow more than 30% this quarter as customers return to their physical locations.
Whirlpool (WHR) – The device maker's shares rose 1.8% in the pre-market after posting quarterly earnings of $ 7.20 per share, well above the consensus estimate of $ 5.41 per share. The company also reported sales that were better than expected. Whirlpool raised its guidance for the full year, increasing its quarterly dividend from $ 1.25 per share to $ 1.40 per share.
Sleep Number (SNBR) – The mattress retailer's shares fell 6% in premarket trading after sales fell below forecast, despite better-than-expected earnings. Sleep Number sales were impacted by supply chain issues.
Churchill Downs (CHDN) – The operator of Churchill Downs racetrack and other entertainment and gaming venues, stocks rose 2.1% in the pre-market after reporting better-than-expected earnings and sales in the last quarter. In the company's gaming segment, earnings rose 72% over the previous year.
Discover Financial (DFS) – The financial services company earned $ 5.04 per share last quarter, outperforming the consensus estimate of $ 2.82 per share. The share gained 3.7% in the pre-market.
Netgear (NTGR) – Shares in the computer network equipment maker fell 3.5% in premarket trading after a forecast for the current quarter was released that was weaker than expected. However, Netgear surpassed Wall Street's forecasts for the last quarter, but said it was impacted by supply chain issues and higher freight costs.
CORRECTION: This article was updated to show American Airlines lost $ 4.32 per share in the first quarter, a cent more than consensus estimates.