Dow Futures Trade Lower As Earnings Continue

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© Reuters

By Oliver Gray

Investing.com – U.S stock futures fell during Thursday’s evening deals, after major benchmark averages finished higher during the regular session, with investors remaining squarely focused on Q2 corporate earnings results.

By 7:00pm ET (11:00pm GMT) were down 0.2%, dipped 0.4% and fell 0.7%

In extended deals, Snap Inc (NYSE:) tumbled 26.4% after Q2 losses per share of $0.02, beating estimates of $0.20, while revenue came in at $1.11 billion versus $1.15 billion expected.

Seagate Technology PLC (NASDAQ:) fell 10.9% after the company Q4 EPS of $1.59 versus $1.9 expected on revenue of $2.63 billion versus $2.8 billion.

Boston Beer Company Inc (NYSE:) dropped 9.6% after Q2 EPS of $4.75, below expectations of $4.79, while revenues came in at $616.2 million versus $628.99 million.

Intuitive Surgical Inc (NASDAQ:) dropped 12.6% after the company Q2 EPS of $1.14 versus $1.2 expected on revenue of $1.52 billion versus $1.56 billion expected.

Capital One Financial Corporation (NYSE:) dropped 5.3% after Q2 EPS of $4.96, below estimates of $5.1 while revenue came in at $8.23 billion versus estimates of $8.3 billion.

Mattel Inc (NASDAQ:) fell 2.4% after Q2 EPS of $0.18 beating estimates of $0.07. Revenues were at $1.24 billion versus estimates of $1.1 billion.

Ahead in the session, investors are awaiting results from American Express Company (NYSE:), Verizon Communications Inc (NYSE:), Schlumberger NV (NYSE:) and Twitter Inc (NYSE:) among others, as well as fresh preliminary and PMIs.

During Thursday’s regular session, The added 162.06 points or 0.51% to 32,036.90, the rose 1% to 3,999 and the finished 1.36% higher at 12,059.6.

On the bond markets, yields were lower at 2.882%.