Companies are making headlines in premarket trading.
The company reported a beat on the top and bottom lines in the recent quarter as consumers paid more for some of the company's key brands.
General Electric's stock fell despite topping estimates. The company said it sees challenges from inflation and supply chain issues.
The shipping and logistics giant's shares gained 1.7% after beating analyst estimates on the top and bottom lines. The company reported adjusted earnings per share of $3.05 on revenues of $24.38 billion, while analysts expected $2.88 earnings per share on $23.79 billion in revenue.
3M shares were flat premarket after the company reported better than expected earnings. The company's revenue was $8.83 billion, which was higher than the $8.74 billion that analysts expected.
D.R. Horton's stock rose 2.8% in premarket trading after beating analyst estimates. D.R. Horton reported adjusted earnings of $4.03 a share. The analysts expected adjusted earnings per share to be $3.37
The theme park and entertainment company's stock surged 4.6% after the company's stock was given a buy rating by a securities firm.
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