{"id":646,"date":"2023-10-13T14:44:16","date_gmt":"2023-10-13T14:44:16","guid":{"rendered":"https:\/\/connectwithfund.com\/news\/stocks-making-the-biggest-moves-premarket-jpmorgan-wells-fargo-citigroup-dollar-general-and-more\/"},"modified":"2023-10-13T14:44:17","modified_gmt":"2023-10-13T14:44:17","slug":"stocks-making-the-biggest-moves-premarket-jpmorgan-wells-fargo-citigroup-dollar-general-and-more","status":"publish","type":"post","link":"https:\/\/connectwithfund.com\/?p=646","title":{"rendered":"Stocks making the biggest moves premarket: JPMorgan, Wells Fargo, Citigroup, Dollar General and more"},"content":{"rendered":"<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-6-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Check out the companies making headlines before the bell: UnitedHealth \u2014 The largest health insurer by revenue rose more than 1% after beating analysts&#8217; third-quarter expectations. The company, part of the Dow Jones Industrial Average, posted adjusted earnings of $6.56 per share on revenue of $92.4 billion. Analysts polled by LSEG had expected per-share earnings of $6.32 on revenue of $91.37 billion. BlackRock \u2014 BlackRock fell by 1.8% premarket after missing third-quarter revenue forecasts. The asset manager reported $4.52 billion in revenue, lower than the consensus estimate of $4.54 billion from LSEG. Blackrock did beat on earnings: $10.91 adjusted per-share earnings, greater than the estimated $8.26 per share. PNC Financial Services Group \u2014 Pittsburgh-based PNC dipped by 0.2% after reporting third-quarter results. Revenue came in $5.23 billion, worse than the $5.32 billion expected by analysts polled by LSEG. But earnings topped forecasts: $3.60 per share, better than the anticipated $3.11 per share. Dollar General \u2014 Dollar General jumped 7% after Gordon Haskett upgraded shares to buy. The Wall Street firm said the discount chain&#8217;s latest leadership change could help stabilize the company. JPMorgan Chase &amp; Co. \u2014 The country&#8217;s largest bank reported third-quarter financial results Friday , boosting its profit from a year earlier to $4.33 per share \u2013 a figure not immediately comparable to LSEG estimates. Revenue came in at $40.69 billion for the quarter, compared to the LSEG estimate of $39.63 billion. The shares were little changed in early morning trading. Wells Fargo \u2014 Wells Fargo added nearly 2% after third-quarter earnings and revenue topped expectations . The bank posted revenue of $20.86 billion, more than the $20.11 billion estimated by analysts polled by LSEG. Earnings were not immediately comparable but the bank&#8217;s earnings per share of $1.48 in the quarter, or $1.39 excluding discrete tax benefits, appeared to top the LSEG consensus per-share earnings of $1.24. Citigroup \u2014 Citigroup was higher by 2% after beating third-quarter revenue expectations. The Jane Fraser-led bank reported revenue of $20.14 billion, more than the consensus estimate of $19.31 billion from LSEG. Earnings was not immediately comparable. JD.com \u2014 JD.com shares slid more than 4% in premarket trading. Morgan Stanley downgraded the Chinese e-commerce stock to equal-weight and cut its price target, citing weak consumer demand. Post Holdings \u2014 Shares gained 0.5% after JPMorgan initiated coverage of the St. Louis-based breakfast cereal maker with an overweight rating, citing strong cash flow. \u2014 CNBC&#8217;s Tanaya Macheel contributed reporting<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.cnbc.com\/2023\/10\/13\/stocks-moving-premarket-wells-fargo-citigroup-dollar-general-more.html\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making headlines before the bell: UnitedHealth \u2014 The largest health insurer by revenue rose more than 1% after beating analysts&#8217; third-quarter expectations. The company, part of the Dow Jones Industrial Average, posted adjusted earnings of $6.56 per share on revenue of $92.4 billion. Analysts polled by LSEG had expected per-share earnings of $6.32 on revenue of $91.37 billion. BlackRock \u2014 BlackRock fell by 1.8% premarket after missing third-quarter revenue forecasts. The asset manager reported $4.52 billion in revenue, lower than the consensus estimate of $4.54 billion from LSEG. Blackrock did beat on earnings: $10.91 adjusted per-share<\/p>\n","protected":false},"author":1,"featured_media":647,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"class_list":["post-646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stocks making the biggest moves premarket: JPMorgan, Wells Fargo, Citigroup, Dollar General and more | ConnectWithFund<\/title>\n<meta name=\"description\" content=\"Check out the companies making headlines before the bell: UnitedHealth \u2014 The largest health insurer by revenue rose more than 1% after beating analysts&#039;\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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