US STOCKS-Wall St set to rise as results beat low expectations

martes 21 de abril de 2015 09:08 GYT

* Dow components Verizon, DuPont and United Tech beat estimates

* Yahoo, Chipotle, Yum to report after markets close

* Teva offers to buy Mylan

* Futures up: Dow 61 pts, S&P 8.25 pts, Nasdaq 21.75 pts (Adds details, comment, updates prices)

By Tanya Agrawal

April 21 (Reuters) - U.S. stock were set to rise at the open on Tuesday as a spate of companies beat lowered expectations, helping to ease fears of a disappointing earnings quarter.

Nearly 75 percent of the S&P 500 components that have reported earnings so far have beat analyst expectations, topping the 70 percent average in the last four quarters. However, just 45.8 percent have beat on revenue, compared with the 58 percent average top line beat over the last year.

Dow components Verizon, DuPont and United Technologies beat expectations even as the strong dollar weighed on the results of DuPont and UTX. Verizon shares were up 0.2 percent at $49.47, DuPont rose 0.33 percent to $73.08 and United Technologies added 1.62 percent to $118.40.

The dollar is up almost 9 percent since the beginning of the year against a basket of major currencies. A strong dollar hurts companies with large overseas operations.   Continuación...