Check out the companies that made headlines before the bell: Deere — The farm equipment distributor fell 4.5% despite reporting better-than-expected fourth-quarter results. Deere reported earnings of $3.93 per share on revenue of $10.58 billion. Analyst estimates compiled by LSEG were for earnings of $3.85 per share and revenue of $9.85 billion. Dell Technologies — Shares rose 2.9% on positive outlook driven by AI revenue expectations. Dell said it expects fourth-quarter revenue to be $31.5 billion, beating the LSEG analyst consensus estimate of $27.59 billion. Urban Outfitters — The apparel retailer soared about 17% after reporting better-than-expected third-quarter results. Urban Outfitters had earnings of $1.28 per share on revenue of $1.53 billion. Above that, LSEG consensus estimates call for earnings of $1.20 per share on revenue of $1.47 billion. Autodesk — The software company soared 8% after posting third-quarter earnings of $2.67 per share on an adjusted basis on revenue of $1.85 billion. Analysts polled by FactSet had expected earnings of $2.50 per share and revenue of $1.81 billion. Petco Health & Wellness — The pet retailer soared 17% after Petco raised its full-year adjusted EBITDA forecast to $397 million from $395 million, compared to the previous estimate of $385 million. NetApp — The data infrastructure company soared more than 6% after NetApp reported better-than-expected fiscal second-quarter revenue and third-quarter guidance. NetApp’s adjusted earnings per share were $2.05, beating analysts’ estimates of $1.89 per share compiled by LSEG. Sales also exceeded expectations of $1.69 billion at $1.71 billion. HP — The PC and printer maker posted a loss of more than 3% after announcing it would cut 4,000 to 6,000 employees. The company also announced a lower-than-expected profit outlook for the new fiscal year. Zscaler — The cloud security company’s stock fell nearly 7% after Zscaler reported an operating loss. However, Zscaler beat expectations for first-quarter sales and bottom line profits and also issued a rosy full-year outlook. Nutanix — The cloud computing company fell nearly 15% after its fiscal first quarter revenue fell short of expectations and it lowered its outlook for the entire fiscal year. Nutanix now expects fiscal 2026 revenue to be in the range of $2.9 billion to $2.94 billion, compared to its prior guidance of $2.9 billion to $2.94 billion. Analysts polled by FactSet had expected sales of $2.92 billion. PagerDuty — The cloud company fell 6% with mixed third-quarter results. PagerDuty earned 33 cents excluding certain items. That beat FactSet’s estimate of 25 cents a share. However, revenue of $124.5 million was slightly below Workday’s consensus estimate of $125 million. The HR software maker fell 6% after its fiscal third quarter and fiscal year outlook was underwhelming. Workday expects subscription revenue for the quarter to be about $2.235 billion, slightly below FactSet’s estimate of $2.24 billion. For the fiscal year, the company expects subscription revenue to be approximately $8.815 billion. Analysts had expected $8.8 billion. Ambarella — Shares of the fabless semiconductor maker fell 7% even as the company reported better-than-expected third-quarter results. Ambarella earned an adjusted profit of 27 cents per share on revenue of $109 million. Analysts had expected sales of $104 million and earnings per share of 21 cents. —CNBC’s Michelle Fox, Alex Harring, Fred Imbert and Yun Li contributed reporting
