HOOD, DE, CSCO and more
Check out the companies making headlines before the bell. Robinhood — The digital trading platform rallied 13% after reporting stronger-than-expected revenue for the fourth quarter. Robinhood posted $1.01 billion in the period, coming above the LSEG consensus estimate of $944.6 million. MGM Resorts — The resorts and casinos stock jumped nearly 10%. The company posted $4.35 billion in revenue for the fourth quarter Analysts polled by LSEG expected a top line of $4.27 billion. Reddit — Shares tumbled 8% after Reddit’s user numbers in the fourth quarter fell below analysts’ forecasts. Daily active unique visitors averaged 101.7 million, which marked a 39% year-over-year rise, but missed the StreetAccount consensus of 103.1 million. To be sure, Reddit posted a top- and bottom-line beat for the fourth quarter. AppLovin — The stock rallied 28% on the back of fourth-quarter results that beat analyst expectations. The software company reported earnings per share of $1.73 on revenue of $1.37 billion. Analysts polled by LSEG expected a profit of $1.24 per share on revenue of $1.26 billion. Cisco Systems — The networking technology company climbed more than 5% after reporting better-than-expected guidance and fiscal second quarter results. Cisco’s revenue grew 9% year-over-year in the prior quarter, which comes after four quarters of declines. The company’s earnings and revenue forecast for the 2025 fiscal year also topped forecasts. Deere — The agricultural machinery company fell 5% after its fiscal first-quarter report reflected subdued demand going forward, even though its quarterly profit and revenue exceeded analyst estimates. Barclays — U.S.-traded shares of Barclays declined 4.2% after the company’s forward guidance failed to impress investors. The investment bank’s net interest income guidance for 2025 presented “slight disappointment,” according to RBC’s Benjamin Toms. Trade Desk — Shares plunged 29% after the digital marketing company reported soft quarterly revenue and issued weak revenue guidance. Trade Desk posted sales of $741 million in the fourth quarter, missing the $759 million LSEG consensus estimate. Additionally, it forecast first-quarter revenue of at least $575 million, lower than the $592 million estimate. Dutch Bros — The coffee retailer surged 24% after posting fourth-quarter results that exceeded analysts’ expectations. Dutch Bros reported a profit of 7 cents per share on revenue of $343 million, while analysts polled by LSEG had penciled in earnings of 2 cents on $318 million in revenue. Meanwhile, Dutch Bros guided for full year 2025 revenue of between $1.555 billion to $1.575 billion, higher than the $1.532 billion analysts had forecasted, and sees same store sales up between 2% to 4% this year. Molson Coors — Shares of the beverage company climbed nearly 7% after posting a top- and bottom-line beat in the fourth quarter. Molson Coors reported adjusted earnings of $1.30, beating analysts’ estimates for $1.13, per FactSet. Revenue of $2.74 billion also topped the $2.70 billion forecast. Management also guided toward full-year earnings growth in the high single-digits on a yearly basis, while analysts polled by FactSet were calling for a 3% rise. Sony – U.S. listed shares gained more than 4% following its latest quarterly results. For the fiscal third quarter, Sony reported net income of 373.70 billion yen, topping the 294.08 billion yen that analysts polled by FactSet were expecting. Revenue for the period also came in better than expected at 4.410 trillion, above the consensus estimate of 3.764 trillion. The company also raised its guidance for the full year. Kraft Heinz — The food stock fell 1.6% after a downgrade to underperform from buy at Bank of America, and to neutral from buy at Citi. The analyst changes come after Kraft Heinz reported disappointing fourth-quarter revenue. — CNBC’s Jesse Pound, Sean Conlon, Lisa Kailai Han and Sarah Min contributed reporting
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