© Reuters
By Oliver Gray
Investing.com – U.S. stock futures were trading lower during Thursday’s evening deals, after major benchmark averages finished regular trade higher amid positive earnings results from major retailers.
By 6:45pm ET (10:45pm GMT) and were down 0.1% while traded flat.
In extended deals, Ulta Beauty Inc (NASDAQ:) lifted 6.8% after the company Q1 EPS of $6.28, beating analyst estimates of $4.44, while revenue came in at $2.35 billion versus $2.12 billion expected. The company also issued better-than-expected forward guidance for the full year.
Gap Inc (NYSE:) dumped 12.9% after Q1 losses per share of 44 cents, worse than expected losses of 13 cents. Revenue came in at $3.48 billion versus $3.44 billion. The company also slashed its profit outlook for the year.
Dell Technologies Inc (NYSE:) gained 7.9% after Q1 EPS of $1.84 versus $1.40 expected on revenue of $26.1 billion versus $25.12 billion expected.
Costco Wholesale Corp (NASDAQ:) dipped 2.1% despite posting better-than-expected quarterly sales. The company Q3 EPS of $3.17, ahead of $3.06 expected. Revenues came in at $52.6 billion versus $51.28 billion expected.
Marvell Technology Group Ltd (NASDAQ:) added 2.6% after Q1 EPS of $0.52, beating analyst estimates of $0.51,while revenue for the quarter came in at $1.45 billion versus $1.43 billion expected.
American Eagle Outfitters Inc (NYSE:) fell 11.9% after Q1 EPS of $0.16 versus $0.25 expected on revenues of $1.06 billion versus $1.14 billion.
Ahead in the session, market participants will be closely monitoring fresh , and data.
During Thursday’s regular session, the added 516.9 points or 1.6% to 32,637.2, the added 79.1 points or 2% to 4,057.9 and the gained 305.9 points or 2.7% to 11,740.7.
On the bond markets, yields were at 2.742%.
Be the first to comment