Check retired the companies making headlines earlier the bell:
Coca-Cola (KO) – Coca-Cola shares roseate 2.9% successful the premarket aft the beverage giant' third-quarter net and income bushed Street forecasts. The institution besides raised its full-year outlook arsenic request remains dependable adjacent arsenic it has raised prices to marque up for higher expenses.
General Motors (GM) – GM shares rallied 4.4% successful premarket trading aft the automaker reported a better-than-expected third-quarter profit, helped by rebounding sales. GM besides said proviso concatenation constraints are easing, allowing it to summation inventories connected trader lots.
JetBlue (JBLU) – JetBlue reported a quarterly nett arsenic elevated question request helped to marque up for rising costs. But its bottommost enactment results fell abbreviated of estimates and gross simply matched consensus. JetBlue slipped 4.5% successful premarket trading.
Xerox (XRX) – The bureau instrumentality maker's banal tumbled 8.2% successful premarket enactment aft it reported an adjusted quarterly nett of 19 cents per stock compared with a statement estimation of 40 cents. Xerox was deed by surging costs and proviso concatenation constraints.
3M (MMM) – 3M reported better-than-expected net for the 3rd quarter, but the conglomerate's gross fell abbreviated of Street forecasts. It besides chopped its full-year outlook owed to rising costs and the interaction of the beardown U.S. dollar.
General Electric (GE) – GE jumped 4.2% successful premarket enactment adjacent though its net fell abbreviated of forecasts. The institution chopped its full-year outlook arsenic it works its mode done proviso concatenation issues and higher costs. GE's gross was stronger than expected, arsenic was escaped currency flow.
UPS (UPS) – The transportation service's shares rallied 4.4% successful the premarket pursuing a mixed quarterly study that saw net bushed statement and gross autumn short. UPS was helped by expanded nett margins arsenic it raised prices.
UBS (UBS) – UBS jumped 5.1% successful the premarket aft the Swiss slope posted better-than-expected quarterly results, helped by a leap successful lawsuit currency inflows to its wealthiness absorption business.
SAP (SAP) – SAP roseate 3% successful premarket enactment aft the German concern bundle institution reported upbeat quarterly results, helped by beardown maturation successful its unreality business. SAP besides confirmed its full-year outlook.
Logitech (LOGI) – Logitech jumped 7% successful the premarket aft the shaper of machine peripherals maintained its existent full-year guidance, which was reduced successful July. Logitech has seen income chill disconnected pursuing a agelong play of elevated request spurred by the pandemic.
Qualtrics (XM) – Qualtrics surged 9.6% successful the premarket aft the shaper of lawsuit feedback bundle reported better-than-expected quarterly results and lifted its full-year forecast.