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AmextaFinance > Markets > Stocks > Dow futures steady, Disney moves 4.6% lower after earnings
Stocks

Dow futures steady, Disney moves 4.6% lower after earnings

News Room
Last updated: 2023/05/11 at 6:21 AM
By News Room
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© Reuters.

Investing.com – U.S. stock futures remained relatively flat on Wednesday night, following a mixed session among benchmark averages as fresh CPI hinted at cooling inflation pressures.

By 19:40 ET (23:40 GMT), and were little changed while ticked 0.1% higher.

In extended deals, Walt Disney (NYSE:) dipped 4.6% after Q2 EPS of $0.93 versus $0.95 expected, while revenue came in at $21.82 billion versus $21.8B.

Unity Software (NYSE:) added 10.5%, Q1 losses of $0.67 per share versus expected losses of $0.60 per share reported last year. Revenue for the quarter came in at $500 million versus the consensus estimate of $481.46M.

Sonos (NASDAQ:) dipped 22.7% after the company Q2 EPS of $0.04 versus expected losses of $0.27 per share, while revenue came in at $304.2M versus $295.93M expected.

Beyond Meat (NASDAQ:) fell 0.9% after Q1 losses of $0.92 per share versus expected losses of $1.02 per share. Revenue was reported at $92.2M versus $91.7M.

Ahead in Thursday’s session, market participants will be looking towards and fresh data.

During Wednesday’s regular trade, the lost 30.5 points or 0.1% to 33,531.3, the gained 18.5 points or 0.5% to 4,137.6, and the lifted 126.9 points or 1% to 12,306.4.

On the bond markets, rates were at 3.436%.

 

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News Room May 11, 2023 May 11, 2023
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