Premarket Stock Movements Highlight Mixed Earnings Reports
Several stocks experienced notable premarket movements following mixed third-quarter results and strategic updates. Defense contractor Raytheon Technologies (RTX) rose after reporting adjusted earnings of $1.80 per share, surpassing estimates on strong revenue performance. Northrop Grumman also gained despite a slight miss in revenue expectations but beat on the top line with higher-than-expected EPS. General Motors saw its shares fall nearly 5% premarket even as it exceeded analyst forecasts and announced a $20 billion stock buyback program, though no timeline was provided. GE Aerospace declined after missing free cash flow estimates despite raising full-year guidance. Steel Dynamics dropped sharply due to mixed results with lower-than-expected earnings per share. 3M rose on better-than-forecast adjusted earnings while Apple fell following an analyst downgrade citing slowing iPhone sales and high valuation concerns.
Tickers: $AAPL $GM $MMM $NOC $RTX $STLD
Topics: aerospace automotive consumer electronics defense industrial metals
Part of the story Tesla Reports Flat Q3 2026 Revenue and 4% Profit Decline (19 articles)