Stocks making the biggest moves premarket: Biogen, Vertiv, GE HealthCare, Generac & more
π Biogen shares gained 0.7% after beating revenue and earnings estimates and raising full-year adjusted EPS guidance.
π Vertiv stock tumbled 13% despite an earnings beat because organic revenue growth of 17.8% missed the 23.6% consensus forecast.
β‘ Generac jumped 5.5% on better-than-expected second-quarter earnings of $2.91 per share, beating the $2.01 forecast and reiterating revenue guidance.
π Procter & Gamble shares dropped over 3% after quarterly revenue of $21.2 billion missed the $21.38 billion analyst expectation.
π₯ GE HealthCare Technologies rose 12% following second-quarter adjusted EPS of $1.13, which beat the $1.04 consensus and reaffirmed full-year guidance.
π Deutsche Bank rose more than 2% on record after-tax profits of 1.9 billion euros for the second quarter.
βοΈ General Dynamics shares increased nearly 1% after beating revenue and earnings estimates with a backlog of $136.5 billion.
π Ford Motor surged 6% after posting adjusted earnings that beat expectations and hiking its 2026 earnings outlook.
π CoStar stock fell 15% after second-quarter revenue failed to meet the $967.5 million consensus forecast.
π§₯ Rocky Brands surged 16% as second-quarter earnings per share more than tripled from a year ago aided by tariff refunds.
π¨ PPG Industries dropped around 1% after adjusted EPS and EBITDA missed Wall Street estimates despite reaffirming full-year guidance.
π¬ KLA Corp slid 7% after issuing disappointing guidance with first-quarter earnings expected at $1.16 versus a $1.14 estimate.
πΎ Seagate Technology rose 6% on an outlook that trounced analyst expectations with first-quarter earnings projected at $7.30 per share.
π¦ Manhattan Associates climbed 11% after second-quarter earnings and revenue topped estimates and raised full-year forecasts.
π³ Visa lost 2% after guidance for the 2026 fiscal year underwhelmed the Street, accompanied by a plan to cut 2,600 jobs.
- Biogen beat Wall Street consensus estimates on revenue and earnings and raised its full-year adjusted EPS guidance.
- Generac reported second-quarter earnings of $2.91 per share, significantly beating the FactSet forecast of $2.01 per share.
- GE HealthCare Technologies reported second-quarter adjusted EPS of $1.13, beating the FactSet consensus of $1.04 per share.
- Deutsche Bank posted an after-tax profit of 1.9 billion euros, a record for the period.
- General Dynamics beat Wall Street consensus estimates on revenue and earnings per share with a backlog of $136.5 billion.
- Ford Motor posted second-quarter adjusted earnings that beat expectations and hiked its 2026 earnings outlook.
- Rocky Brands reported second-quarter earnings per share that more than tripled from the same period a year ago.
- Seagate issued an outlook for first-quarter adjusted earnings of around $7.30 per share, trouncing analysts' expectations of $5.80.
- Manhattan Associates topped analyst estimates for second-quarter earnings and revenue and raised full-year profit and revenue forecasts.
- Teradyne's second-quarter adjusted earnings, revenue, and third-quarter profit and sales forecasts all topped Street estimates.
- Vertiv's revenue year-on-year organic growth of 17.8% was well below the FactSet consensus of 23.6%, causing shares to tumble 13%.
- Procter & Gamble's quarterly revenue of $21.2 billion missed analyst expectations, leading to a drop of over 3% in shares.
- CoStar's second-quarter revenue failed to meet the expectation of analysts surveyed by FactSet, resulting in a 15% stock decline.
- PPG Industries' second-quarter earnings per share and adjusted EBITDA missed Wall Street analysts' estimates.
- KLA Corp issued disappointing guidance with first-quarter adjusted earnings expected at $1.16 versus the LSEG estimate of $1.14.
- Visa's guidance for the 2026 fiscal year underwhelmed the Street, causing shares to lose 2% and prompting a plan to slash about 2,600 jobs.