Check out the companies making headlines before the bell. American Airlines โ Shares dropped 6% after the carrier issued weak profit guidance for the third quarter. American Airlines estimates unit revenue will drop as much as 4.5% as the broader industry struggles with oversupply that has led to low fares. Honeywell โ Shares were down nearly 5% after the industrial giant issued guidance that missed analyst expectations, overshadowing better-than-anticipated quarterly figures.
Nasdaq โ Shares ticked up 2% after the financial services company posted second-quarter results that came slightly above analysts' estimates. Nasdaq earned 69 cents per share, excluding items, on $1.16 billion in revenue. Analysts had forecasted 64 cents earnings per share on revenue of $1.13 billion. KLA Corporation โ The chipmaker rose more than 2% after releasing better-than-expected fiscal fourth-quarter results. KLA reported adjusted earnings of $6.
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