Check out the companies making headlines before the bell: PepsiCo — Shares slipped 1.4% after the beverage and snacks giant reported mixed fourth-quarter results. Revenue came in at $27.85 billion, missing the LSEG consensus estimate of $28.4 billion. Adjusted earnings per share was $1.78, versus the $1.72 expected. Pepsi said consumers’ budgets were hit by high borrowing costs and lower personal savings. Cloudflare — Shares surged 27% after the cloud services provider topped analysts’ expectations in its fourth quarter. Cloudflare reported adjusted earnings of 15 cents per share on revenue of $362 million. Analysts polled by LSEG had called for earnings of 12 cents per share and $353 million in revenue. The company also issued rosy full-year guidance for adjusted earnings per share. Pinterest — The stock dropped more than 8% after the image-sharing company issued a weaker-than-expected forecast. Pinterest also disappointed on revenue estimates, but beat on earnings in its fourth-quarter report. Expedia Group — Shares plunged 15%, despite the travel platform operator posting adjusted fourth-quarter results that exceeded consensus expectations. Expedia reported earnings of $1.72 per share on revenue of $2.89 billion, higher than the $1.68 on $2.88 billion analysts had expected. However, shares slid on a miss in the air travel category. The company also announced that CEO Peter Kern would be replaced by successor Ariane Gorin on May 13. CleanSpark — Shares advanced 19% after the bitcoin miner reported fiscal first-quarter results that exceeded expectations. ClearnSpark posted earnings of 14 cents per share, more than the loss of 26 cents per share expected by analysts polled by FactSet. Revenue came in at $73.8 million for the quarter, compared to expectations of $71 million. The company got an extra lift after bitcoin on Friday rose to its highest level since March 2022. United Airlines — Shares gained 2.7% after Evercore ISI upgraded the company to…
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