Check out the companies making headlines in premarket trading: Comcast — Shares dropped more than 3% after seeing a decline in customers for the first quarter . On Thursday, the cable giant reported a loss of 199,000 total domestic broadband customers as well as a loss of 427,000 in cable TV customers. The company did see an earnings and revenue beat for the period, however, posting adjusted earnings of $1.09 per share on $29.89 billion in revenue. Analysts surveyed by LSEG were expecting 98 cents in earnings per share and $29.77 billion in revenue. PepsiCo — Shares of the snack and beverage company dipped 1% after a first-quarter report showed lower-than-expected earnings and a weaker outlook. PepsiCo reported $1.48 in adjusted earnings per share, below the $1.49 per share expected by analysts, according to LSEG. The company also lowered its full-year projection for adjusted earnings on a constant currency basis, citing the effect of tariffs as one negative factor. Procter & Gamble — Shares shed 1.4% after the consumer goods company reported mixed third-quarter results and cut its full-year core earnings per share and revenue guidance. Quarterly earnings came in at $1.54 per share, 1 cent more than expected from analysts polled by LSEG. Quarterly revenue was $19.78 billion, missing the $20.11 billion consensus estimate. Merck — Shares ticked nearly 1% higher after the pharmaceutical company beat analysts’ expectations in its latest quarter. Merck reported first-quarter adjusted earnings of $2.22 per share on revenue of $15.53 billion. Analysts polled by LSEG had expected earnings per share of $2.14 on revenue of $15.31 billion. On the other hand, the company cut its full-year profit outlook , in part because of a $200 million expected hit from tariffs. American Airlines — Shares lost just over 1% after the air carrier joined competitors in withdrawing its 2025 financial outlook . The Texas-based company also posted slightly worse revenue than expected for the first quarter, per LSEG. Chipotle — Shares of the fast-casual restaurant chain slid 3.5% after posting weak revenue and disclosing its first same-store sales drop since 2020. Chipotle recorded $2.88 billion in the first quarter, under the $2.95 billion consensus estimate from analysts polled by LSEG. Earnings per share came in at 29 cents, which was 1 cent ahead of Wall Street expectations. Texas Instruments — The semiconductor manufacturer surged 8.5% on a better-than-expected earnings report for the first quarter and upbeat guidance for the current quarter. Texas Instruments earned $1.28 per share on revenue at $4.07 billion, while analysts polled by LSEG penciled in just $1.07 in earnings per share and $3.91 billion in revenue. Lam Research — Shares of the technology component maker added 3.5% after earnings for the third fiscal quarter topped Wall Street’s projections. Lam Research earned an adjusted $1.04 per share on $4.72 billion in revenue, ahead of estimates of $1.01 in earnings per share and $4.65 billion in revenue from analysts, per LSEG. ServiceNow — The enterprise technology stock rallied 7.9% on the heels of stronger-than-anticipated earnings for the first quarter. ServiceNow recorded adjusted earnings of $4.04 per share and $3.09 billion in revenue, beating consensus forecasts of $3.83 in earnings per share and $3.08 billion in revenue, according to LSEG. Hasbro — The toymaker jumped 7.6% after providing a strong first-quarter earnings report. Hasbro earned $1.04 per share, excluding items, while analysts polled by FactSet expected 67 cents. Revenue came in at $887.1 million, also exceeding the consensus forecast of $771.1 million. Hasbro said it is not changing its full-year guidance “given the uncertainty of the current tariff environment.” Southwest Airlines — The air carrier’s shares retreated 4.1%. While the company beat analysts’ expectations for the first quarter, Southwest said it will cut capacity in the second half of the year. International Business Machines — The blue-chip stock dropped 6.7% despite first-quarter earnings surpassing expectations. IBM earned an adjusted $1.60 per share on $14.54 billion in revenue, topping LSEG consensus predictions of $1.40 in earnings per share and $14.40 billion of revenue. Utz Brands — The snack maker advanced 2.9% on the back of D.A. Davidson’s upgrade to buy from neutral. D.A. Davison said the company has grown its market share despite salty snacks facing volume pressure. — CNBC’s Sean Conlon, Jesse Pound, Sarah Min and Michelle Fox contributed reporting. Disclosure: Comcast owns NBCUniversal, the parent company of CNBC. Get Your Ticket to Pro LIVE Join us at the New York Stock Exchange! Uncertain markets? Gain an edge with CNBC Pro LIVE , an exclusive, inaugural event at the historic New York Stock Exchange. 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