A Peek Into The Markets: US Stock Futures Edge Lower Following Friday’s Rally
Pre-open movers
U.S. stock futures traded lower in early pre-market trade after the Dow Jones climbed more than 480 points in the previous session. Investors are awaiting earnings results from Comtech Telecomm. Corp. (NASDAQ: CMTL).
Return on Capital Employed Overview: Southwest Gas Holdings
Pulled from Benzinga Pro data Southwest Gas Holdings (NYSE:SWX) posted a 65.83% decrease in earnings from Q1. Sales, however, increased by 57.38% over the previous quarter to $821.42 million.
Southwest Gas Holdings Q2 EPS $0.43 Misses $0.44 Estimate, Sales $821.42M Beat $779.68M Estimate
Southwest Gas Holdings (NYSE:SWX) reported quarterly earnings of $0.43 per share which missed the analyst consensus estimate of $0.44 by 2.27 percent. This is a 36.76 percent decrease over earnings of $0.68 per share
Earnings Scheduled For August 5, 2021
Companies Reporting Before The Bell
• OneSpaWorld Holdings (NASDAQ:OSW) is projected to report quarterly loss at $0.20 per share on revenue of $6.42 million.
Wells Fargo Maintains Equal-Weight on Southwest Gas Holdings, Lowers Price Target to $72
Wells Fargo analyst Sarah Akers maintains Southwest Gas Holdings (NYSE:SWX) with a Equal-Weight and lowers the price target from $77 to $72.
Earnings Scheduled For May 6, 2021
Companies Reporting Before The Bell
• ViacomCBS (NASDAQ:VIAC) is projected to report quarterly earnings at $1.22 per share on revenue of $7.30 billion.