Here are some of the companies the Yahoo Finance team will be watching today.
Boeing (BA) is still under pressure from the 737 Max jet crisis. Earnings last quarter that were far weaker than the street was expecting, and Boeing only delivered 62 commercial jets in Q3, a third of what it delivered a year ago. The company it still expects to have those 737 Max jets back in the air sometime this quarter.
Caterpillar (CAT) reported third quarter results that fell short of estimates. The company attributed the earnings and revenue miss to a drop in dealer inventories in the quarter and global growth concerns. Caterpillar also lowered its full-year profit guidance.
Chipotle (CMG) beat on its top and bottom lines in Q3, reporting $1.4 billion dollars in revenue and an 11% increase in same store sales. The company saw about a 3.5% increase in the average check, which partially benefited from menu price increases implemented in 2018.
Snap (SNAP) had another good quarter. The company reported a quarterly increase in users and revenue, proving the launch of its new tools and update to its app to be helpful. Q3 revenue rose 50% from last year to $446 million beating analyst expectations of $435 million.
Tesla’s (TSLA) futuristic door handles, that lay flush against the body of the car, are being blamed for a fatal crash. In Florida, a Tesla driver lost control and the car began to fill with smoke, and the responding police officer was unable to open the doors. In 2015, Consumer Reports listed the door handles as one of the most common problems with the Model S.