Seagate Technology Holdings plc (NASDAQ: STX) reported better-than-expected Q2 results.
Seagate posted quarterly earnings of $0.16 per share, beating market estimates of $0.10 per share. The company’s quarterly sales came in at $1.89 billion, versus expectations of $1.83 billion.
Trading in the U.S. index futures suggests a cautious start by Wall Street stocks, as traders look ahead to more earnings and the advance fourth-quarter GDP report.
U.S. stocks look set to start Wednesday’s session on the back foot as traders digest mixed earnings news flow and continued pouring in of weak economic data points.
Cues From Tuesday’s Trading: