Check out the companies making headlines before the bell. McDonald’s – Shares fell more than 6% after the U.S. Centers for Disease Control and Prevention said an E. coli outbreak linked to the fast food company’s Quarter Pounder burgers has resulted in 10 people being hospitalized and one death . Starbucks – The coffee chain fell 4.5% after its preliminary fiscal fourth-quarter results showed a drop in sales. Starbucks also suspended its forecast for 2025. Boeing — The defense stock fell 0.6% after third-quarter results were released. Revenue of $17.84 billion, which the company had previously announced, beat LSEG’s estimate of $17.82 billion. Boeing reported a loss of $10.44 per share. Free cash flow was also negative $1.95 billion due to losses in its commercial aircraft and defense segments. Enphase Energy – The solar energy technology company fell 15% after posting a lower-than-expected fourth-quarter revenue outlook. Enphase expects revenue in the current quarter in a range between $360 million and $400 million, while analysts polled by LSEG predicted $435.8 million. Third quarter results also missed expectations. AT&T – Shares of the telecom company advanced more than 2% in a recent decline in the third quarter. Adjusted earnings of 60 cents per share topped analysts’ forecasts of 57 cents per share. However, revenue of $30.21 billion fell short of the consensus estimate of $30.44 billion. Coca-Cola — Shares fell 2.1% despite better-than-expected third-quarter results. Coca-Cola posted 77 cents in adjusted earnings per share on adjusted revenue of $11.95 billion. Analysts polled by LSGE had estimated 74 cents in earnings per share and $11.6 billion in revenue. While the company has yet to release its full outlook for 2025, it said it expects currency headwinds to affect its results next year. Hilton Worldwide Holdings – The hotel chain fell 4.3% after posting third-quarter revenue of $2.87 billion, below the $2.91 billion figure expected by analysts polled by LSEG. The company also issued weak guidance on revenue guidance for the current quarter. Texas Instruments – Shares rose 3% after the semiconductor company posted a third-quarter profit and revenue loss. According to LSEG, Texas Instruments’ earnings per share of $1.47 on revenue of $4.15 billion beat analysts’ expectations of $1.38 per share on revenue of $4.12 billion. Seagate Technology – The data storage stock is down more than 4%. Seagate guided for $2.3 billion in revenue for the fiscal second quarter, which came in line with an LSEG estimate. Seagate’s first-quarter results beat analysts’ estimates on both the top and bottom lines. Deutsche Bank — The investment bank’s U.S.-traded shares fell about 2%. Although the company reported a profit, it was below analysts’ expectations. Deutsche Bank reported net income of 1.46 billion euros in the third quarter, falling short of a FactSet estimate of 1.52 billion euros. GE Vernova — The power company lost more than 4% after reporting weaker-than-expected quarterly earnings. GE Vernova reported adjusted earnings of 4 cents per share in the third quarter, while analysts polled by LSEG had expected 18 cents per share. Meanwhile, revenue of $8.91 billion beat forecasts of $8.78 billion. Qualcomm — Shares fell 3.5% after Bloomberg reported, citing a document, that British chip designer Arm is planning to cancel a key license agreement with the firm. Stride – Shares surged more than 25% after the tech company’s quarterly results beat Wall Street expectations. For the first quarter of fiscal 2025, Stride earned 94 cents per share on revenue of $551.1 million. That’s well above the 22 cents per share and $504.3 million in revenue that analysts polled by FactSet were expecting. Winnebago Industries — The recreational vehicle maker fell more than 8% after fiscal fourth-quarter earnings fell short of expectations. The company posted 28 cents in earnings per share, ex-votes, versus a FactSet consensus estimate of 89 cents per share. Guidance for the full year was not calculated. General Dynamics – Shares of the defense contractor fell 1.3% after third-quarter results missed expectations. General Dynamics reported $3.35 in earnings per share on $11.67 billion in revenue. Analysts polled by LSEG were looking for $3.47 a share on revenue of $11.64 billion. Revenues and earnings increased year over year. Spirit Airlines – The budget airline’s stock jumped more than 28% after the Wall Street Journal reported it has revived merger discussions with Frontier Airlines. – CNBC’s Sarah Min, Alex Harring, Lisa Kailai Han, Jesse Pound and Sean Conlon contributed reporting
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