Check out the companies making headlines before the bell: Walt Disney Company — The media giant fell more than 4% on mixed fiscal fourth-quarter results . The company earned an adjusted $1.11 per share, beating an LSEG estimate of $1.05 per share. Revenue, however, came in at $22.46 billion, below a consensus forecast of $22.75 billion. Firefly Aerospace — Shares of the Texas-based aerospace company surged more than 20% following strong third-quarter results. Firefly reported a narrower-than-expected adjusted loss and topped revenue expectations for the period, according to LSEG consensus estimates. Firefly also said it expects fiscal year 2025 revenue to come out between $150 million to $158 million, higher than the $136 million consensus forecast. Cisco Systems — Shares climbed more than 6% after the networking company reported fiscal first-quarter results that were stronger than expected. Cisco posted adjusted earnings of $1 per share on $14.88 billion in revenue. Analysts surveyed by LSEG expected earnings of 98 cents per share on $14.77 billion in revenue. Alibaba Group — Shares popped 4% after Bloomberg, citing people familiar, reported the company is preparing to revamp an AI mobile app to look more similar to ChatGPT. Flutter Entertainment — The world’s largest sports betting and gambling company dipped more than 3% after cutting its full-year guidance, because of winning streaks from gamblers. Otherwise, Flutter reported mixed earnings and revenue as compared to LSEG consensus estimates. Separately, it announced a new prediction markets app called FanDuel Predicts that’s set to launch in December. Ibotta — Shares plunged more than 20% after the cash-back rewards platform issued disappointing fourth-quarter revenue guidance of between $80 million and $85 million. Analysts polled by LSEG had expected $84 million. Otherwise, Ibotta topped earnings and revenue expectations in its most recent quarter. Webtoon Entertainment — The online comics platform tumbled nearly 27% after reporting third-quarter revenue of $378 million, short of the $385 million consensus estimate per LSEG. However, Webtoon’s adjusted earnings were 4 cents per share, versus the loss of 12 cents a share expected from analysts. Nike — Shares of the athletic retailer pop ped 2.9% on the back of a Wells Fargo upgrade to overweight from equal weight. Wells Fargo said its profit and loss figures could be hitting a bottom. — CNBC’s Michelle Fox, Alex Harring and Fred Imbert contributed reporting
