Eagle Eye Opener: U.S. Futures Down; Dupont Miss

Eagle Eye Opener

Losing Face: Will Social Media’s Biggest Player Disappoint Again? (USAToday.com)

Investors in Facebook (FB), the No. 1 social networking site, will be paying close attention to the company’s earnings that are scheduled for release after the U.S. market closes today. Estimates for Q3 earnings are 6 cents per share, before GAAP (11 cents after one-time adjustments) and revenue of $1.22 billion – up from $1.16 billion in the previous quarter. The market is especially curious about earnings and revenue, given the company’s troubled initial public offering and disappointing Q212 earnings.

 

DuPont Latest U.S. Large Cap to Swing and Miss (CNBC.com)

DuPont (DD) joined Microsoft (MSFT) and Google (GOOG) in delivering disappointing Q3 earnings. Investors in U.S.-based large caps are running out of options for profitability, as the chemical giant reported earnings per share of 44 cents, down from 69 cents during the same quarter last year. Its revenue during the latest quarter also fell, dropping to $7.34 billion — down from $9.24 billion for Q311. In response, the company is expected to cut some 1,500 jobs. Shares are expected to lose value in trading today, as well.

 

U.S. Futures Down as the Beat Goes On… (Yahoo.Finance.com)

With Dupont (DD), 3M (MMM) and United Technologies Corp (UTX) all delivering bad earnings news, U.S. Futures fell this morning — with S&P 500 futures down 16.1 points — well below fair value. And with 33 additional S&P companies reporting earnings throughout the day, investors shouldn’t expect to see that downward trend reverse. To date, 61% of companies reporting thus far have missed earnings targets.

Exclusive  Two New Threats to the Booming Economy and the Bull Market… and a Third One is On Its Way

Like This Article?
Now Get Mark's FREE Special Report:
3 Dividend Plays with Sky-High Returns

This newly-released report by a top-20 living economist details three investments that are your best bets for income and appreciation for the rest of the year and beyond.

Get Access to the Report, 100% FREE


img
previous article

Last week was frenetic in terms of companies reporting their quarterly earnings, economic data for both the United States and abroad -- and, of course, the second presidential debate.

PREMIUM SERVICES FOR INVESTORS

Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

  • Forecasts & Strategies
  • Home Run Trader
  • Fast Money Alert
  • Five Star Trader
  • TNT Trader
LEARN MORE HERE

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

  • Cash Machine
  • Premium Income (exclusively for subscribers of Cash Machine)
  • Quick Income Trader
  • Breakout Profits Alert
  • Hi-Tech Trader
LEARN MORE HERE

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

  • Successful Investing
  • Intelligence Report
  • Bullseye Stock Trader
LEARN MORE HERE

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

  • Retirement Watch
  • Retirement Watch Spotlight Series
  • Lifetime Retirement Protection Program
LEARN MORE HERE

Jon Johnson

Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:

Product Details

  • Investment House Daily
  • Technical Traders Alert
  • Success Trading Group
LEARN MORE HERE

DividendInvestor.com

Used by financial advisors and individual investors all over the world, DividendInvestor.com is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

  • Dividend Investor
LEARN MORE HERE