What to watch today: Dow futures bounce after biggest one-day February loss
- Date: 19-Feb-2021
- Source: CNBC
- Sector:Financial Markets
- Country:Middle East
What to watch today: Dow futures bounce after biggest one-day February loss
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Deere (DE): The heavy equipment maker earned $3.87 per share for its fiscal first quarter, compared to estimates of $2.14 a share. Revenue also beat forecasts, and Deere increased its full-year earnings outlook amid improvements in the agricultural and construction sectors.Roku (ROKU): Roku reported a quarterly profit of 49 cents per share, compared to forecasts of a 6 cents per share loss. The streaming video device maker's revenue also beat forecasts, amid a 58% surge as consumers stuck at home during the pandemic sought more video entertainment.Dropbox (DBX): Dropbox came in 4 cents a share ahead of estimates, with quarterly earnings of 28 cents per share. The cloud storage company's revenue also came in above projections. Dropbox had a greater-than-expected number of paid users during the quarter, as well as better-than-expected revenue per user. It also forecast full-year revenue below analysts' estimates.Applied Materials (AMAT): Applied Materials earned $1.39 per share for the fourth quarter, compared to estimates of $1.28. Revenue also came in above forecasts. The maker of semiconductor manufacturing equipment also gave an upbeat current-quarter forecast, as chip makers try to accelerate production to deal with a global shortage.TripAdvisor (TRIP): TripAdvisor reported a quarterly loss of 41
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