After US stocks made a mixed finish yesterday, futures are showing a lower open, and in focus will be eBay (NASDAQ:EBAY) after it reported in-line earnings for its second quarter.
The shares are down over 4% in pre-market deals to $35.69 after the internet auction giant based in California forecast third-quarter adjusted earnings of 46 US cents to 48 US cents per share.
Analysts on average had been expecting 48 US cents.
Today will be another day of earnings reports in the US, and among them is the giant General Electric (NYSE:GE). Shares closed yesterday over 21% higher at US$23.26
The group is expected to report on Friday quarterly earnings at US$0.25 per share on revenue of US$29.00bn
Sign of the times: US giant @generalelectric profit bigger in renewable energy than oil & gas in Q2, $160m v $155m https://t.co/WPX5Gcgz3R
— Andrew Lee (@aleerecharge) 21 July 2017
Honeywell International Inc (NYSE:HON) are also reporting ahead of the bell and are expected to have earned US$1.77 per share on revenue of US$9.86bn in the latest quarter.
Honeywell shares gained 1.15% to US$136.50 in after-hours trading.