Novosti i prognoe: tržište kapitala od 01-05-2020

U.S. stock-index futures fell on Friday after U.S. President Donald Trump threatened to use tariffs to punish China for its handling of the coronavirus outbreak, while Apple (AAPL) and Amazon (AMZN) warned of more pain in the future.

Global Stocks:

(company / ticker / price / change ($/%) / volume)

Dow (DOW) downgraded to Neutral from Outperform at Credit Suisse; target lowered to $34

Dow (DOW) downgraded to Neutral from Buy at Citigroup; target $38

Twitter (TWTR) downgraded to Hold from Buy at Pivotal Research Group; target lowered to $32

Exxon Mobil (XOM) reported Q1 FY 2020 earnings of $0.53 per share (versus $0.55 per share in Q1 FY 2019), beating analysts' consensus estimate of $0.06 per share.

The company's quarterly revenues amounted to $56.158 bln (-11.7% y/y), missing analysts' consensus estimate of $58.254 bln.

XOM fell to $45.60 (-1.87%) in pre-market trading.

Chevron (CVX) reported Q1 FY 2020 earnings of $1.93 per share (versus $1.39 per share in Q1 FY 2019), beating analysts' consensus estimate of $0.67 per share.

The company's quarterly revenues amounted to $31.501 bln (-10.5% y/y), beating analysts' consensus estimate of $30.464 bln.

CVX fell to $89.54 (-2.67%) in pre-market trading.

Honeywell (HON) reported Q1 FY 2020 earnings of $2.21 per share (versus $1.92 per share in Q1 FY 2019), beating analysts' consensus estimate of $1.94 per share.

The company's quarterly revenues amounted to $8.463 bln (-4.7% y/y), missing analysts' consensus estimate of $8.555 bln.

Due to the evolving nature of the COVID-19 pandemic and related supply chain and market disruptions, Honeywell announced that it had temporarily suspended its FY 2020 financial guidance until the economic impact of COVID-19 stabilized.

HON fell to $141.85 (-0.04 %) in pre-market trading.

Visa (V) reported Q2 FY 2020 earnings of $1.39 per share (versus $1.31 per share in Q2 FY 2019), beating analysts' consensus estimate of $1.35 per share.

The company's quarterly revenues amounted to $5.854 bln (+6.6% y/y), beating analysts' consensus estimate of $5.753 bln.

The company did not provide FY 2020 outlook due to COVID-19 uncertainty.

V fell to $176.01 (-1.52 %) in pre-market trading.

Apple (AAPL) reported Q2 FY 2020 earnings of $2.55 per share (versus $2.46 per share in Q2 FY 2019), beating analysts' consensus estimate of $2.26 per share.

The company's quarterly revenues amounted to $58.313 bln (+0.5% y/y), beating analysts' consensus estimate of $54.643 bln.

The company did not provide Q3 FY 2020 guidance for revenues or gross margins. Apple's CEO Tim Cook told CNBC they were not giving guidance due to a lack of visibility.

Meanwhile, Apple raised its dividends by 6.5% to $0.82/share from $0.77/share and authorized an increase of $50 bln to its existing share repurchase program.

AAPL fell to $286.00 (-2.65 %) in pre-market trading.

Amazon (AMZN) reported Q1 FY 2020 earnings of $5.01 per share (versus $7.09 per share in Q1 FY 2019), missing analysts' consensus estimate of $6.23 per share.

The company's quarterly revenues amounted to $75.452 bln (+26.4% y/y), beating analysts' consensus estimate of $74.145 bln.

The company also issued an in-line Q2 FY 2020 revenue guidance of $75.00-81.00 bln versus analysts' consensus estimate of $78.86 bln; guided Q2 FY 2020 operating income of $(1.5)-1.5 bln versus analysts' consensus estimate of $3.73 bln.

AMZN fell to $2,335.50 (-5.60%) in pre-market trading.