## Pre-Market Movers: Key Earnings Releases to Watch Today
With U.S. stock futures trading lower this morning, investors will be closely watching several companies set to report their quarterly earnings. Here are the key names to keep an eye on:
General Motors (GM):
Wall Street analysts are expecting General Motors to report quarterly earnings of $2.43 per share on revenue of $44.59 billion before the opening bell, according to data from Benzinga Pro. The company’s shares gained 0.8% to $49.31 in after-hours trading, suggesting a positive sentiment heading into the earnings release.Zions Bancorporation (ZION):
This financial institution is already off to a good start after reporting better-than-expected financial results for the third quarter on Monday. The news sent Zions Bancorporation shares up 3.2% to $51.00 in after-hours trading, setting the stage for potentially strong investor interest.Verizon Communications (VZ):
Analysts are forecasting Verizon to post quarterly earnings of $1.18 per share on revenue of $33.43 billion. The company is scheduled to release earnings before the markets open, making it another key player to watch today. Verizon shares gained 0.4% to $43.86 in after-hours trading, indicating a cautiously optimistic outlook.RLI Corp. (RLI):
RLI Corp. has already exceeded expectations, reporting stronger-than-expected earnings and sales results for the third quarter on Monday. The company reported quarterly earnings of $1.31 per share, surpassing the analyst consensus estimate of 98 cents per share. Additionally, RLI’s quarterly sales of $401.544 million beat the analyst consensus estimate of $389.487 million. The positive results drove RLI shares up 1.2% to $164.00 in the after-hours trading session.Lockheed Martin Corporation (LMT):
Analysts are expecting Lockheed Martin to report quarterly earnings at $6.50 cents per share on revenue of $17.35 billion before the opening bell. Lockheed Martin shares rose 0.3% to $616.50 in after-hours trading, suggesting a potential positive response to the upcoming earnings release.These earnings reports are likely to influence market sentiment and stock performance throughout the day. Investors are eager to see how these companies have navigated the current economic climate and what their future prospects look like. Keep an eye on these companies as they release their financial results and potentially drive market fluctuations.
