Try the businesses making headlines earlier than the bell: Pfizer — The pharmaceutical inventory added 1.8% on better-than-expected fourth-quarter outcomes . Pfizer reported adjusted earnings of 63 cents per share on $17.76 billion in income. Analysts polled by LSEG estimated earnings of 47 cents per share on income of $17.36 billion. PepsiCo — Shares of the meals and beverage firm fell 2% after Pepsi’s fourth-quarter income missed expectations . Income got here in at $27.78 billion, whereas analysts had forecast $27.89 billion, per LSEG. Demand for its snacks and drinks fell for the fifth straight quarter in North America. Merck — Shares have been down 8% within the premarket after the pharmaceutical large issued full-year steering that fell in need of analysts’ expectations. The corporate sees 2025 earnings per share coming in a spread between $8.88 and $9.03. Analysts polled by FactSet anticipated a forecast of about $9.13 per share. Merck’s income expectations of $64.1 billion to $65.6 billion have been additionally beneath what analysts anticipated. Normal Motors , Ford Motor — Shares rose 1% every after President Donald Trump paused tariffs on Canada imports for 30 days following an identical transfer for Mexico. The 2 automakers have been among the many names largest hit on Monday as they every have vital manufacturing operations throughout North America, particularly in Mexico. PayPal — The digital funds inventory fell 7.3% regardless of PayPal reporting an earnings and income beat within the fourth quarter, in addition to better-than-expected ahead steering. For the primary quarter, PayPal expects adjusted earnings of $1.15 to $1.17 per share, whereas analysts estimated $1.13, per LSEG. The corporate additionally introduced a brand new $15 billion share buyback program. Ferrari — U.S.-listed shares have been up 4% after the luxurious automaker reported sturdy earnings development for 2024. The corporate earned 1.53 billion euros for the complete 12 months, marking a 21% year-on-year enhance from 2023. Shipments for 2024 totaled 3,325, an uptick from 3,245 within the prior 12 months. Estée Lauder — The wonder merchandise firm tumbled 7% after posting a disappointing fiscal third-quarter outlook. Estée Lauder sees year-over-year income contracting between 10% and 12%, whereas analysts polled by FactSet have been anticipating steering pointing to a 6.9% decline. Nonetheless, Estée Lauder reported a fiscal second-quarter earnings and income beat. Palantir Applied sciences — Shares of the protection firm soared 23% after Palantir exceeded estimates on the highest and backside strains for the fourth quarter and issued stronger-than-expected steering for the complete 12 months. The corporate posted adjusted earnings of 14 cents per share for the prior quarter, whereas analysts surveyed by LSEG estimated 11 cents per share. Income got here out at $828 million, whereas analysts forecast $776 million. Spotify — The music streaming large jumped 8% after reporting faster-than-expected person development within the fourth quarter. Spotify reported 675 million month-to-month energetic customers, up 12% 12 months over 12 months and above the 664.3 million anticipated by analysts polled by FactSet. Spotify additionally beat estimates for income and working revenue. Clorox — The cleansing merchandise firm fell greater than 3% after the corporate reported its newest quarterly figures and issued new full 12 months steering. The corporate posted a top- and bottom-line beat within the prior quarter and guided income to vary between a 1% decline and a couple of% advance for the full 12 months, versus prior estimates for gross sales to fall stay flat or fall 2%. To make certain, administration famous its 2025 fiscal-year outlook doesn’t embrace potential headwinds from tariffs. Diageo — Shares dipped barely after the distributor of Scotch whisky and different spirits reported weaker-than-expected first-half earnings, and eliminated its medium-term steering due to macroeconomic and geopolitical uncertainty. Diageo reported adjusted earnings of $c97.7 per share, decrease than the consensus estimate of $c99.1, in keeping with FactSet. Alternatively, internet gross sales of $10.9 billion within the first half topped the anticipated $10.72 billion. Apollo World Administration — Shares of the asset administration firm shed 1.6% on blended fourth-quarter outcomes. Whereas Apollo’s earnings of $2.22 per share beat the consensus name for $1.89 per share, inflows dropped to $33 billion from $42 billion within the prior quarter, in keeping with FactSet. — CNBC’s Sarah Min, Lisa Kailai Han and Jesse Pound contributed reporting. Correction: Clorox expects income to vary between a 1% decline and a couple of% advance for the complete 12 months. A earlier model misstated the steering.
