Stocks making the biggest moves premarket: Procter & Gamble, CSX, PPG Industries and more

cnbc.com:

Check out the companies making headlines before the bell:

Procter & Gamble Company – Shares gained about 1.5% in the premarket after the consumer goods giant's earnings and revenue for its fiscal third quarter topped Wall Street's expectations. Procter & Gamble also boosted its forecast for organic sales growth for fiscal 2023 to 6% from its earlier forecast of 4% to 5%.

CSX Corporation – Shares climbed 2.4% after CSX's first-quarter results topped expectations. The transportation company reported 48 cents per share and revenue of $3.71 billion. Analysts polled by Refinitiv had anticipated earnings of 43 cents per share and $3.58 billion in revenue.

W.R. Berkley – The commercial lines insurer stock dropped 3% after posting net premiums earned of $2.49 billion in its first quarter. That's lower than the $2.53 billion expected by analysts, according to consensus expectations from FactSet. The firm also reported operating per-share earnings of $1, lower than $1.10 per share a year ago. 

PPG Industries – Shares rose 0.8% in the premarket after PPG Industries posted better-than-expected second-quarter guidance. The paint manufacturer expects adjusted earnings will be $2.05 to $2.15 per share, greater than analysts' estimates of $1.96 per share. 

ContextLogic – ContextLogic shares advanced 16% in premarket trading after the online e-commerce platform announced a $50 million share repurchase program.  

Regions Financial – Shares were 0.6% higher after the company reported mixed quarterly results. The regional bank posted per-share earnings that missed estimates, while revenue held in line with expectations, according to consensus expectations from Refinitiv. However, it posted net interest income of $1.42 billion, greater than