Dow futures flat, Zoom dips 17.1% after earnings
2023.07.31 20:10
© Reuters.
Investing.com – U.S. stock futures were trading within a tight range during Monday’s evening deals after major benchmark averages posted moderate gains as investors look toward a fresh deluge of quarterly earnings results throughout the week.
By 7:15pm ET (11:15pm GMT) , and were each trading flat.
In extended deals, ZoomInfo Technologies Inc (NASDAQ:) dipped 17.1%, Q2 EPS of $0.26 versus $0.23 expected on revenues of $308.6 million versus $310.94 million expected.
Yum China Holdings Inc (NYSE:) fell 2.8% after the company Q2 EPS of $0.47 versus $0.46 expected, with revenues of $2.65 billion versus $2.72 billion expected.
Harmonic (NASDAQ:) shed 13.7% after Q2 EPS of $0.12 versus $0.13 expected, while revenues came in at $156M versus $167.52 million expected.
Arista Networks (NYSE:) popped 14%, Q2 EPS of $1.58 versus $1.44 expected on revenues of $1.46 billion versus $1.38 billion expected.
Ahead in Tuesday’s session, market participants will be monitoring and manufacturing PMIs and data, as well as quarterly earnings results from companies including Pfizer Inc (NYSE:), Advanced Micro Devices Inc (NASDAQ:), Starbucks Corporation (NASDAQ:) and Uber Technologies Inc (NYSE:).
During Monday’s regular trade, the added 100.2 points or 0.3% to 35,559.5, the gained 6.7 points or 0.2% to 4,589 and the lifted 29.4 points or 0.2% to 14,346.
On the bond markets, rates were at 3.965%.
