Stock market pre-market futures are up, with some major companies beating Q1 earnings estimates

From Nasdaq: 2025-04-22 11:14:00

The stock market is on track for the worst-performing April since the Great Depression, but pre-market futures are up: Dow +372, S&P 500 +50, Nasdaq +190, and Russell 2000 +20. Year-to-date, major indexes are down double-digits except for the Dow, which is down -9.7% from the beginning of the year.

Tesla, rated #4 (Sell), reports Q1 earnings after close. Quarterly revenue estimates have dropped by -1.5%, and the company already reported a -13% decline in deliveries year over year. Tesla’s shares are -43% year-to-date but still +60% compared to a year ago.

GE Aerospace beat Q1 earnings estimates by +18.28% to $1.49 per share, with revenues slightly above expectations at $9.0 billion. 3M exceeded estimates with earnings of $1.88 per share and sales of $5.8 billion. Lockheed Martin posted a +14% earnings beat for Q1 at $7.28 per share on $18.0 billion in revenues.

Verizon outperformed on both top and bottom lines in Q1, with earnings of $1.19 per share and revenue of $33.49 billion. Pulte Home beat Q1 estimates with earnings of $2.57 per share and revenues of $3.89 billion. Shares of GE Aerospace, 3M, Lockheed Martin, Verizon, and Pulte Home are all trading positively following their earnings reports.



Read more at Nasdaq: Pre-Markets in the Green as Q1 Earnings Season Gathers Pace