US STOCKS-Wall St slips on mixed bag of earnings

miércoles 22 de abril de 2015 10:33 GYT

* Coke revenue rises for first time in nine quarters

* Boeing revenue misses expectations, shares fall

* Visa, MasterCard up as China opportunity seen

* Indexes down: Dow 0.2 pct, S&P 0.1 pct, Nasdaq 0.3 pct (Updates to open)

By Tanya Agrawal

April 22 (Reuters) - U.S. stocks slipped in choppy trading on Wednesday with traders focusing on earnings, as declines including in Boeing and Chipotle outweighed gains in McDonald's and Coca-Cola.

Boeing fell 1.7 percent to $150.77 after reporting revenue that fell short of expectations, while Chipotle fell 7.6 percent to $639.98 a day after it reported the slowest same-restaurant sales growth in five quarters.

Of the S&P 500 companies that have reported so far this earnings season, 71.9 percent posted earnings above analyst expectations. However, just 42.1 percent have beaten revenue expectations, compared with a 58 beat over the last four quarters.

McDonald's rose 4.3 percent to $98.97 despite a revenue drop, while Coca-Cola rose 0.9 percent to $41.15 after it reported a rise in revenue for the first time in nine quarters.   Continuación...