US STOCKS-Futures drop, but Netflix rallies early

April 16, 2015 11:12 AM

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April 16 (Reuters) - U.S. stock index futures edged lower on Thursday as investors continued to digest a corporate reporting season that has come in ahead of profit expectations but shows little in the way of organic growth.

* Of the 36 companies in the S&P 500 that have reported thus far, 81 percent have exceeded profit expectations, over the long-term average of 63 percent. Only 47 have beaten on revenue, however, below the historical average of 61 percent. That suggests companies are boosting their bottomlines with c...

Also read: Netflix subscriptions boom around world, shares jump 20 percent

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