1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio news. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:15,880 Speaker 2: in the stock market, harnessing the power of Bloomberg data. 4 00:00:16,440 --> 00:00:18,320 Speaker 1: Let's take a look at some stocks on the move today. 5 00:00:18,360 --> 00:00:21,720 Speaker 1: I'm Nathan Hager, joined by Bloomberg's Dan Curtis on another 6 00:00:21,920 --> 00:00:25,800 Speaker 1: very busy morning for earnings, including from Coca Cola. Those 7 00:00:25,840 --> 00:00:28,800 Speaker 1: results are just crossing the terminal. Dan, what do you say? 8 00:00:29,520 --> 00:00:31,560 Speaker 3: I'm seeing a big pop up on my screen right now. 9 00:00:31,960 --> 00:00:35,280 Speaker 3: That's right, Coca Cola earnings. Wow in the morning. Sorry, 10 00:00:35,280 --> 00:00:38,040 Speaker 3: bad jokes, good morning. It doesn't go get any better 11 00:00:38,040 --> 00:00:41,479 Speaker 3: as the day goes on for me. But anyways, you 12 00:00:41,520 --> 00:00:43,080 Speaker 3: don't have to have me back later. But yeah, So 13 00:00:43,120 --> 00:00:46,600 Speaker 3: Coca Cola the fourth quarter earnings out fifty eight cents 14 00:00:46,600 --> 00:00:49,760 Speaker 3: of share. That is above estimates of fifty seven cents 15 00:00:49,760 --> 00:00:52,720 Speaker 3: per share. So that's a positive. Now on the forward 16 00:00:52,760 --> 00:00:56,560 Speaker 3: looking side, I see twenty twenty six adjusted organic revenue growth. 17 00:00:56,640 --> 00:00:59,280 Speaker 3: The estimate is four percent to five percent. That's just 18 00:00:59,320 --> 00:01:02,080 Speaker 3: below the five percent that the Wall Street was calling for. 19 00:01:02,400 --> 00:01:05,839 Speaker 3: So the forward lookout, the ford outlook looks a little soft. 20 00:01:05,880 --> 00:01:08,440 Speaker 3: Shares down one point three percent off of earnings, we 21 00:01:08,440 --> 00:01:10,479 Speaker 3: do see some whipsaws. It's coming in off of two 22 00:01:10,520 --> 00:01:12,480 Speaker 3: percent down which was just a few minutes ago as 23 00:01:12,480 --> 00:01:15,480 Speaker 3: markets kind of settle on this trajectory, also getting headlines. 24 00:01:16,319 --> 00:01:19,320 Speaker 3: So the full year just to free cash flow is 25 00:01:19,360 --> 00:01:23,560 Speaker 3: expect to be around twelve billion dollars. So overall, it 26 00:01:23,600 --> 00:01:27,000 Speaker 3: looks like like the fourth quarter came in relatively strong. 27 00:01:27,640 --> 00:01:30,800 Speaker 3: The initial guidance that we're seeing out as the headlines say, 28 00:01:30,800 --> 00:01:32,520 Speaker 3: it is just a little soft. Those shares now down 29 00:01:32,520 --> 00:01:33,640 Speaker 3: about two and a half percent in. 30 00:01:33,600 --> 00:01:36,360 Speaker 1: Previous okay, and this comes off the back of results 31 00:01:36,360 --> 00:01:39,680 Speaker 1: from a CVS Health. It looks like those were received 32 00:01:40,040 --> 00:01:42,520 Speaker 1: not too kindly from investors, at least at the start. 33 00:01:42,920 --> 00:01:45,280 Speaker 3: Not too kindly at the start. It's actually getting a 34 00:01:45,280 --> 00:01:48,680 Speaker 3: little better. CVS shares down now down about one percent 35 00:01:48,680 --> 00:01:50,320 Speaker 3: in pre market. That's a little bit better than they 36 00:01:50,320 --> 00:01:52,920 Speaker 3: had been before. So the fourth quarter came in with 37 00:01:52,960 --> 00:01:55,760 Speaker 3: a top and bottom line beat. That said, the twenty 38 00:01:55,800 --> 00:01:59,280 Speaker 3: twenty six earnings guidance was held by the company and 39 00:01:59,320 --> 00:02:01,560 Speaker 3: that is a bit low estimates, So they aren't updating 40 00:02:01,600 --> 00:02:04,200 Speaker 3: the twenty twenty six guidance. No upwards adjustment, which is 41 00:02:04,200 --> 00:02:06,680 Speaker 3: what the street was expecting, so kind of explaining that 42 00:02:06,760 --> 00:02:09,960 Speaker 3: selling off. Also to note, cash flow from operations this 43 00:02:10,040 --> 00:02:12,200 Speaker 3: year is said to be nine billion dollars, but the 44 00:02:12,240 --> 00:02:14,480 Speaker 3: CEO in an interview did say a lot of that 45 00:02:14,520 --> 00:02:18,320 Speaker 3: came from early payments. So before they're expecting ten billion, 46 00:02:18,400 --> 00:02:20,440 Speaker 3: they got payments a bit earlier. They've adjusted that down 47 00:02:20,480 --> 00:02:23,760 Speaker 3: to nine billion. Overall. You know, the company has been 48 00:02:23,760 --> 00:02:26,640 Speaker 3: out performing its peers as lawmakers have been scrutinizing rising 49 00:02:26,680 --> 00:02:29,200 Speaker 3: cost of health cares. We did see a Medicare advantage 50 00:02:29,280 --> 00:02:32,000 Speaker 3: enrollment decline in twenty twenty six, but that was expected. 51 00:02:32,360 --> 00:02:34,840 Speaker 3: Market saying it's just a little bit. Markets just pushing 52 00:02:34,840 --> 00:02:36,560 Speaker 3: it down a little bit softer, down one percent in. 53 00:02:36,560 --> 00:02:40,440 Speaker 1: Pre Okay, let's talk about Spotify. Wow, what a move 54 00:02:40,680 --> 00:02:41,720 Speaker 1: following their earnings. 55 00:02:42,160 --> 00:02:44,840 Speaker 3: Yeah, they're up a lot. So they added thirty eight 56 00:02:45,000 --> 00:02:48,280 Speaker 3: million users in the last quarter. That's a record at 57 00:02:48,560 --> 00:02:51,720 Speaker 3: ad for Spotify. So they now have seven hundred and 58 00:02:51,760 --> 00:02:56,200 Speaker 3: fifty one million total subscribers. That's pushing shares up twelve 59 00:02:56,320 --> 00:03:00,960 Speaker 3: percent in pre market. They did a rat campaign so 60 00:03:01,000 --> 00:03:03,720 Speaker 3: that lets users share the most listened to songs on 61 00:03:03,760 --> 00:03:07,440 Speaker 3: social media. That helped drive the help drive the beat there. 62 00:03:08,040 --> 00:03:12,239 Speaker 3: They also announced that the sorry the subscription hike last month, 63 00:03:12,280 --> 00:03:14,320 Speaker 3: we talked about it here, thirteen dollars a month now 64 00:03:14,320 --> 00:03:18,640 Speaker 3: for you subscription, and they're forecasting more users this current quarter, 65 00:03:18,919 --> 00:03:22,240 Speaker 3: so that's translating to more potential sales in the current quarter. 66 00:03:22,560 --> 00:03:25,799 Speaker 3: Wall Street buying some of those shares off the back 67 00:03:25,840 --> 00:03:26,000 Speaker 3: of that. 68 00:03:26,520 --> 00:03:29,440 Speaker 1: Finally, Dan, let's close out with Harley Davidson. They just 69 00:03:29,520 --> 00:03:32,440 Speaker 1: reported earnings and it's not looking too good for the 70 00:03:32,440 --> 00:03:33,320 Speaker 1: motorcycle maker. 71 00:03:33,720 --> 00:03:37,120 Speaker 3: That's right. So Harley Davison ticker hog, one of my favorites, 72 00:03:37,400 --> 00:03:40,520 Speaker 3: down eight percent in pre market. That's off the back 73 00:03:40,600 --> 00:03:43,360 Speaker 3: of a revenue miss. So revenue for the fourth quarter 74 00:03:43,440 --> 00:03:46,040 Speaker 3: came in just shy of five hundred million. Wall Street 75 00:03:46,080 --> 00:03:49,240 Speaker 3: was expecting nearly seven hundred and fifty million dollars for 76 00:03:49,360 --> 00:03:54,120 Speaker 3: the quarter, so that's a lot bigger, a lot, sorry, 77 00:03:54,120 --> 00:03:58,040 Speaker 3: a lot lighter than expected. Motorcycle shipments thirteen thousan five 78 00:03:58,080 --> 00:04:00,880 Speaker 3: hundred the estimate there was sixteen thousand, four hundred, so 79 00:04:00,920 --> 00:04:04,160 Speaker 3: almost three thousand fewer bikes, So big miss. Shares down 80 00:04:04,200 --> 00:04:04,800 Speaker 3: eight percent. 81 00:04:04,560 --> 00:04:09,760 Speaker 2: And free the stockmover's report from Bloomberg Radio. Check back 82 00:04:09,840 --> 00:04:12,000 Speaker 2: with us throughout the day for the latest roundup of 83 00:04:12,120 --> 00:04:15,360 Speaker 2: companies making news on Wall Street, and for the latest 84 00:04:15,440 --> 00:04:19,599 Speaker 2: market moving headlines. Listen to Bloomberg Radio Live. Catch us 85 00:04:19,680 --> 00:04:23,400 Speaker 2: on YouTube, Bloomberg dot com, and on Applecarplay and Android 86 00:04:23,440 --> 00:04:25,360 Speaker 2: Auto with the Bloomberg Business app.