Check out the companies making headlines before the bell. Netflix — Shares of the streaming giant fell 6.8% after Netflix reported a narrow earnings beat for the quarter that ended Dec. 31. The company posted earnings per share of 56 cents while analysts polled by LSEG estimated 55 cents per share. The company reported revenue of $12.05 billion, exceeding consensus estimates of $11.97 billion. Netflix also counted a record 325 million global paid subscribers by the end of the period. But concerns about rising costs weighed on the stock. The company’s 2026 margin guidance of 31.5% was about 1 percentage point below what Wall Street was expecting. United Airlines — The airline said it expects to generate record earnings in 2026 due to strong travel demand in recent weeks, leading shares to rise 3%. United Airlines expects adjusted earnings per share of between $12 and $14 this year, in line with the $13.16 per share anticipated by analysts. The company also forecast per-share earnings of $1 to $1.50, while analysts called for $1.13 per share. Progress Software — Shares of the business software company jumped more than 7%. Progress Software issued rosy guidance for the first quarter, calling for earnings of $1.56 to $1.62 per share on revenue of $244 million to $250 million. Analysts polled by FactSet called for $1.41 per share in earnings and $243.6 million in revenue. Kraft Heinz — The food and beverage manufacturer’s shares slid 5% after Berkshire Hathaway registered its entire 27.5% ownership stake in the firm for a potential sale. Johnson & Johnson — Shares dipped about 0.8%, even as the pharmaceutical giant posted stronger-than-anticipated financial forecasts for 2026 , in addition to better-than-expected earnings results for the fourth quarter. The company predicted operational sales of $99.5 billion to $100.5 billion this year, exceeding an LSEG consensus of $98.9 billion. J & J also forecasted its full-year profit coming in at $11.43 to $11.63 per share in 2026, topping analysts’ estimate of $11.45 per share. — CNBC’s Pia Singh contributed reporting.
https://www.cnbc.com/2026/01/21/stocks-making-the-biggest-moves-premarket-nflx-ual-khc.html
