Take a look at some of the biggest moving agents in the premarket:
American Airlines (AAL) – The airline lost $ 4.31 per share in the first quarter, one cent less than consensus estimates. The stock rose 3.6% in the premarket after the American said cash flow was positive by the end of the quarter, excluding debt payments.
Teradata (TDC) – The share of database and analysis software provided increased by 27.1% in premarket trading after presenting preliminary data for the first quarter, which was well above its previous earnings guide. Teredata continues to benefit from its continued growth in cloud computing.
Equifax (EFX) – Credit reporting agency shares rose 8.5% in premarket trading after reporting better-than-expected earnings and raising its annual guidelines. The company’s performance was helped by a 59% increase in revenue from the labor solutions business.
Tractor Supply (TSCO) – The manufacturer of agricultural equipment and consumables earned $ 1.55 per share in the last quarter, well over 97 cents estimated by consensus. Revenues also exceeded forecasts, as sales at comparable stores increased by almost 39%. Tractor Supply also raised its outlook throughout the year, and shares rose 7% in the premarket.
AT&T (T) – AT&T reported quarterly earnings of 86 cents a share, 8 cents a share above estimates. Revenue also exceeded expectations, and AT&T added more wireless customers in the second quarter than analysts had anticipated. The stock increased by 1.1% in premarket trading.
Alaska Air (ALK) – The airline reported a loss in the first quarter of $ 3.51 per share, lower than the loss of $ 3.63 per share that analysts had anticipated. Revenues exceeded consensus estimates. The company said improved conditions allowed it to get a positive cash flow in March, and shares added 1.3% to the premarket share.
Southwest Airlines (LUV) – Southwest’s quarterly loss of $ 1.72 per share was lower than the anticipated loss of $ 1.85 per share. Revenue was essentially in line with Wall Street forecasts, and Southwest forecast a lower rate of cash burns for the current quarter as conditions improve.
DR Horton (DHI) – The luxury home builder’s shares added 1.8% to premarket stock after reporting better-than-expected sales and earnings for the last quarter and forecast strong year-over-year revenue. Strong demand and low mortgage rates have helped sales nearly double in the last quarter.
Chipotle Mexican Grill (CMG) – Chipotle shares gained 1.2% in premarket trading after the restaurant chain reported better-than-expected earnings and a 17.2% increase in sales in comparable stores. Digital sales doubled during the quarter, and Chipotle said it expected a more than 30% increase in comparable sales this quarter as customers return to physical locations.
Whirlpool (WHR) – The home appliance maker’s shares added 1.8% to its pre-market share after reporting quarterly earnings of $ 7.20 per share, well above the consensus estimate of $ 5.41 per share. The company also reported better-than-expected revenue. Whirlpool raised its guidance throughout the year and increased its quarterly dividend to $ 1.40 per share from $ 1.25 per share.
Sleep Number (SNBR) – Mattress retailer shares fell 6% in premarket trading after sales fell below forecast, even though revenue came in better than expected. Sleep Number sales were affected by supply chain issues.
Churchill Downs (CHDN) – The operator of the Churchill Downs Racecourse and other entertainment venues saw its stock rise 2.1% in the premarket after reporting better-than-expected revenue and earnings for the last quarter. The gaming company segment registered a 72% increase in revenues compared to the previous year.
Discover Financial (DFS) – The financial services company earned $ 5.04 per share in the last quarter, exceeding by $ 2.82 the consensus estimate of the stock by a wide margin. The stock increased by 3.7% in the premarket.
Netgear (NTGR) – The shares of the computer network equipment maker fell 3.5% in premarket trading after providing a weaker-than-expected forecast in the current quarter. However, Netgear exceeded Wall Street forecasts for the most recent quarter, but said it was affected by supply chain problems and higher transportation costs.