{"id":120165,"date":"2024-10-30T19:26:50","date_gmt":"2024-10-30T12:26:50","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=120165"},"modified":"2024-10-30T19:26:50","modified_gmt":"2024-10-30T12:26:50","slug":"lly-cat-vfs-googl-more","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=120165","title":{"rendered":"LLY, CAT, VFS, GOOGL &#038; more"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Check out the companies making headlines in premarket trading. Eli Lilly \u2014 The drug maker tumbled 7.5% after missing analyst expectations for the third quarter and cutting full-year guidance. Eli Lilly earned $1.18 per share, excluding items, on $11.44 billion in revenue. Analysts polled by LSEG had anticipated earnings of $1.47 a share and $12.11 billion in revenue. Caterpillar \u2014 Shares fell more than 5% in the premarket after the industrial giant reported weaker-than-expected earnings for the third quarter. The company posted a profit of $5.17 per share, while analysts polled by LSEG had forecast earnings of $5.34 per share. Revenue also fell 4% year over year to $16.11 billion. XPO \u2014 The logistics company popped 3.9% after topping Wall Street&#8217;s forecast for the third quarter. XPO earned $1.02 per share, excluding items. Analysts surveyed by FactSet had estimated just 90 cents in earnings per share. Revenue came in at $2.05 billion for the three-month period, slightly ahead of the $2.02 billion consensus. VinFast Auto \u2014 The electric vehicle maker climbed 5.1% after announcing strategic partnerships with four Middle Eastern groups. Bloomberg reported that Emirates Driving, one of the four organizations, would lead a funding push into VinFast, with total investments expected to top $1 billion. Chipotle \u2014 Shares were down about 6% after the fast casual chain reported weaker-than-expected revenue for the third quarter. Same-store sales, a key metric for restaurants, also missed with a 6% increase. Analysts polled by StreetAccount expected growth of 6.3%. Alphabet \u2014 Shares of the search giant popped nearly 7% on strong third-quarter earnings that surpassed Wall Street&#8217;s estimates on the top and bottom lines. The Google parent also posted strong cloud revenue growth, up about 35% from the year-ago period. Snap \u2014 The social media platform rallied 10.5% after beating earnings expectations and announcing a $500 million stock repurchase program. Snap reported 8 cents in adjusted earnings per share for the third quarter and $1.37 billion in revenue, while analysts surveyed by LSEG penciled in 5 cents and $1.36 billion, respectively. Qorvo \u2014 The semiconductor solutions stock tumbled 19.5% on weak earnings guidance for the current quarter that overshadowed a better-than-expected report for the second fiscal quarter. Raymond James downgraded its rating to market perform from outperform and removed its price target following the report. Visa \u2013 Shares rose around 2% after the global payments company&#8217;s quarterly results for the fiscal fourth quarter topped Wall Street&#8217;s estimates. Visa reported adjusted earnings of $2.71 per share on $9.62 billion in revenue. That&#8217;s above the $2.58 per share on $9.49 billion in revenue that analysts surveyed by LSEG were looking for. Additionally, the company raised its quarterly dividend by 13% to 59 cents . Advanced Micro Devices \u2014 The semiconductor company&#8217;s stock shed 8%. AMD said after the bell Tuesday it expects fourth-quarter revenue of $7.5 billion, in-line with the LSEG consensus estimate and a 22% year-over-year decline. Third-quarter adjusted earnings per share met expectations, while revenue topped estimates. Reddit \u2014 The social media stock soared 22% after a better-than-expected report for the third quarter that showed a surprise swing to a profit. Reddit reported 16 cents in earnings per share on $348.4 million of revenue. Analysts surveyed by LSEG were expecting a loss of 7 cents per share and $312.8 million of revenue. Reddit also said revenue would likely be between $385 million and $400 million in the fourth quarter, above the estimates of $357.9 million. First Solar \u2014 Shares dropped 7% after the solar energy equipment supplier posted weaker-than-expected third-quarter earnings and revenue, while also lowering its full-year guidance. First Solar reported per-share earnings of $2.91 on revenue of $887.7 million. Analysts polled by FactSet anticipated earnings of $3.16 per share on revenue of $1.08 billion. \u2014 CNBC&#8217;s Jesse Pound, Sarah Min, Sean Conlon, Michelle Fox, Samantha Subin and Fred Imbert contributed reporting.<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<\/div>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cnbc.com\/2024\/10\/30\/stocks-making-the-biggest-moves-premarket-lly-cat-vfs-googl-more.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making headlines in premarket trading. Eli Lilly \u2014 The drug maker tumbled 7.5% after missing analyst expectations for the third quarter and cutting full-year guidance. Eli &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=120165\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-120165","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/120165","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=120165"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/120165\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=120165"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=120165"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=120165"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}