AT&T, DR Horton, travelers and others

Check out the companies that make headlines before the call:

AT&T (T) – AT&T shares fell 1.8% in premarket trading despite outperforming both the top and bottom lines for the second quarter as the company lowered its full-year free cash flow guidance. AT&T also reported a jump in quarterly wireless subscriber growth and raised its full-year wireless revenue growth forecast.

DR Horton (DHI) – The construction company reported higher-than-expected earnings for the latest quarter, but revenue fell short of analysts’ forecasts. The company cut its full-year sales forecast due to lower demand. Shares fell 1.4% in premarket trading.

Travelers (TRV) – Travelers rose 4.3% in premarket trading after reporting higher-than-expected second-quarter earnings and revenue. Optimistic results were achieved despite higher catastrophe losses and falling investment income.

American Airlines (AAL) – American Airlines shares fell 1.4% in premarket trading after quarterly earnings were in line with estimates and revenue was largely in line with forecasts. The profit was the first for the airline since the start of the pandemic, and the carrier expects the current quarter to be profitable as well.

Danaher (DHR) – The healthcare and industrial products and services company posted better-than-expected earnings and revenue in the second quarter, with sales growth helping to offset rising costs. Danaher shares jumped 3.5% in premarket trading.

Tesla (TSLA) – Tesla gained 2.7% in premarket trading after reporting higher-than-expected second-quarter earnings. Tesla’s revenue came in below forecasts, with margins squeezed by higher costs and supply chain disruptions.

Carnival (CCL) – Carnival shares fell 12.1% in premarket trading after announcing a $1 billion common stock offering. The cruise line operator plans to use the proceeds for general corporate purposes.

United Airlines (UAL) – United Airlines missed estimates for the top and bottom lines for the second quarter, and the carrier has warned of the impact of higher jet fuel prices and a possible slowdown in economic growth. United fell 6.8% in premarket trading.

Alcoa (AA) – Alcoa shares rose 3.9% in premarket trading after posting higher-than-expected second-quarter earnings as sales grew faster than expenses. Alcoa also announced a $500 million share buyback program.

CSX (CSX) — CSX is up 3% in premarket trading after outperforming top and bottom line estimates for the second quarter. The rail operator is seeing demand skyrocketing but is having difficulty hiring due to a tough job market.

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