US STOCKS-Futures drop, but Netflix rallies early

April 16, 2015 11:12 AM

15 0

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...

Read more

To category page