By Check out the companies making headlines before the bell. Pfizer — The pharmaceutical stock added 1.8% on better-than-expected fourth-quarter results . Pfizer reported adjusted earnings of 63 cents per share on $17.76 billion in revenue. Analysts polled by LSEG estimated earnings of 47 cents per share on revenue of $17.36 billion. PepsiCo — Shares of the food and beverage company fell 2% after Pepsi’s fourth-quarter revenue missed expectations . Revenue came in at $27.78 billion, while analysts had forecast $27.89 billion, per LSEG. Demand for its snacks and drinks fell for the fifth straight quarter in North America. Merck — Shares were down 8% in the premarket after the pharmaceutical giant issued full-year guidance that fell short of analyst expectations. The company sees 2025 earnings per share coming in a range of $8.88 and $9.03. Analysts polled by FactSet expected a forecast around $9.13 per share. Merck’s revenue expectations of $64.1 billion to $65.6 billion was also below what analysts anticipated. General Motors , Ford Motor — Shares rose 1% each after President Donald Trump paused tariffs on Canada imports for 30 days following a similar move for Mexico. The two automakers were among the names biggest hit Monday as they each have significant manufacturing operations across North America, especially in Mexico. PayPal — The digital payments stock fell 7.3% despite PayPal reporting an earnings and revenue beat in the fourth quarter, as well as better-than-expected forward guidance. For the first quarter, PayPal expects adjusted earnings of $1.15 to $1.17 per share, while analysts estimated $1.13, per LSEG. The company also announced a new $15 billion share buyback program. Ferrari — U.S.-listed shares were up 4% after the luxury automaker reported strong earnings growth for 2024. The company earned 1.53 billion euros for the full year, marking a 21% year-on-year increase from 2023. Shipments for 2024 totaled 3,325, an uptick from 3,245 in the prior year. Estee Lauder — The beauty products company tumbled 7% after posting a disappointing fiscal third-quarter outlook. Estee Lauder sees year-over-year revenue contracting between 10% and 12%, while analysts polled by FactSet were expecting guidance pointing to a 6.9% decline. However, Estee Lauder reported a fiscal second-quarter earnings and revenue beat. Palantir Technologies — Shares of the defense company soared 23% after Palantir exceeded estimates on the top and bottom lines for the fourth quarter and issued stronger-than-expected guidance for the full year. The company posted adjusted earnings of 14 cents per share for the prior quarter, while analysts surveyed by LSEG estimated 11 cents a share. Revenue came out at $828 million, while analysts forecast $776 million. Spotify — The music streaming giant jumped 8% after reporting faster-than-expected user growth in the fourth quarter. Spotify reported 675 million monthly active users, up 12% year over year and above the 664.3 million expected by analysts polled by FactSet. Spotify also beat estimates for revenue and operating income. Clorox — The cleaning products company fell more than 3% on the back of its fiscal second quarter results. Although the company posted a top- and bottom-line beat in the prior quarter, it guided for a 1% to 2% fall in revenue in the full year. Analysts had expected just a 0.6% decline, according to LSEG. Management also noted its 2025 fiscal year outlook does not include potential headwinds from tariffs. Diageo — Shares dipped slightly after the distributor of Scotch whisky and other spirits reported weaker-than-expected first half earnings, and removed its medium-term guidance because of macroeconomic and geopolitical uncertainty. Diageo reported adjusted earnings of $c97.7 per share, lower than the consensus estimate of $c99.1, according to FactSet. On the other hand, net sales of $10.9 billion in the first half topped the expected $10.72 billion. Apollo Global Management – Shares of the asset management company shed 1.6% on mixed fourth-quarter results. While Apollo’s earnings of $2.22 per share beat the consensus call for $1.89 per share, inflows dropped to $33 billion from $42 billion in the prior quarter, according to FactSet. — CNBC’s Sarah Min, Lisa Kailai Han and Jesse Pound contributed reporting
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