Stock futures were flat in overnight trading Monday as investors awaited key corporate earnings and the beginning of the Federal Reserve's policy meeting.So far, more than 40% of the S&P 500 companies have reported their results with 79% posting earnings that exceeded Wall Street expectations, according to LSEG. That compares to a five-year average earnings beat rate of 77%.
Second-quarter earnings misses have resulted in an average 3.8% decline for a stock from two days before the quarterly release through the two days after the report comes out, according to FactSet. That is compared to the five-year average price decrease of 2.3% during this same window for companies that disappointed.
The ones that beat Wall Street expectations have been rewarded less than average. They are seeing only a 0.3% rise during that same period, per FactSet. That is compared to a five-year average price increase of 1%, FactSet said.Stocks making the biggest moves midday: Walt Disney, On Semiconductor and more
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Источник: nbcchicago - 🏆 545. / 51 Прочитайте больше »
Источник: NBCLA - 🏆 319. / 59 Прочитайте больше »
Источник: ksatnews - 🏆 442. / 53 Прочитайте больше »
Источник: wjxt4 - 🏆 246. / 63 Прочитайте больше »