Premarket Stock Movements: Pfizer, Apple, Palantir, and Zebra Technologies Report Q3 Results
Several major companies reported third-quarter earnings premarket, leading to mixed stock performance. Revvity saw a 7% gain following an upward revision of its full-year adjusted earnings guidance. Conversely, despite beating analyst estimates for both profit and revenue, Palantir Technologies fell nearly 8%, while Zebra Technologies dropped over 6% due to free cash flow guidance falling slightly below market expectations. In the technology sector, Apple shares declined approximately 4% after reporting disappointing iPad sales and margin forecasts. In consumer goods, Yum Brands saw a modest 1% increase as Taco Bell's performance rebounded. Pfizer remained relatively flat despite beating both earnings per share and revenue estimates for the quarter.