Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Dow futures tick higher, Intuit falls 4.9% after earnings

Published 05/24/2023, 07:38 AM
Updated 05/24/2023, 07:38 AM
© Reuters.

© Reuters.

Investing.com - U.S. stock futures were trading slightly higher during Tuesday's evening deals, following a negative session among benchmark averages amid ongoing debt-ceiling negotiations and quarterly earnings results.

By 19:15 ET (23:15 GMT), Dow Jones futures, S&P 500 futures,and Nasdaq 100 futures were trading 0.1% higher apiece.

Analyze Q1 earnings results with InvestingPro.

In extended deals, Intuit (NASDAQ:INTU) dipped 4.9%, reporting Q3 EPS of $8.92 versus $8.49 expected on revenues of $6.02 billion versus $6.09B expected.

Urban Outfitters (NASDAQ:URBN) lifted 9.3% after the company reported Q1 EPS of $0.56 versus $0.36 expected, while revenue was reported at $1.11B versus $1.09B expected.

Palo Alto Networks (NASDAQ:PANW) added 4%, reporting Q3 EPS of $1.10 versus $0.93 expected on revenue of $1.72B which was in line with expectations.

Agilent Technologies (NYSE:A) fell 7.3% after the company reported Q2 EPS of $1.27 versus $1.26 expected, while revenue came in at $1.72B versus $1.67B expected.

Ahead in Wednesday's session, investors will be looking towards FOMC meeting minutes and a speech from Treasury Secretary Yellen, while earnings are set to continue with companies including Nvidia Corporation (NASDAQ:NVDA), American Eagle Outfitters Inc (NYSE:AEO, Snowflake Inc (NYSE:SNOW), and Kohl’s Corp (NYSE:KSS) scheduled to release results.

During Tuesday's trade, the Dow Jones Industrial Average fell 231.1 points or 0.7% to 33,055.5, the S&P 500 lost 47.1 points or 1.1% to 4,145.6, and the Nasdaq Composite fell 160.5 points or 1.3% to 12,560.3.

On the bond markets, United States 10-Year rates were at 3.698%.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.