Novosti i prognoe: tržište kapitala od 02-11-2018

Before the bell: S&P futures +0.50%, NASDAQ futures -0.35%

U.S. stock-index futures traded mixed on Friday, as investors digested strong employment data and disappointing Apple’ (AAPL) iPhone shipments.  

Global Stocks:

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

Starbucks (SBUX) target raised to 68 from 64 at BofA/Merrill

Starbucks (SBUX) target raised to 70 from 61 at Oppenheimer

Starbucks (SBUX) target raised to 66 from 62 at Telsey

Apple (AAPL) downgraded to Neutral from Buy at BofA/Merrill

Chevron (CVX) reported Q3 FY 2018 earnings of $2.11 per share (versus $1.03 in Q3 FY 2017), beating analysts’ consensus estimate of $2.06.

The company’s quarterly revenues amounted to $43.987 bln (+21.5% y/y), missing analysts’ consensus estimate of $47.171 bln.

CVX rose to $113.25 (+1.87%) in pre-market trading.

Exxon Mobil (XOM) reported Q3 FY 2018 earnings of $1.46 per share (versus $0.93 in Q3 FY 2017), beating analysts’ consensus estimate of $1.22.

The company’s quarterly revenues amounted to $76.605 bln (+25.4% y/y), beating analysts’ consensus estimate of $72.909 bln.

XOM rose to $82.25 (+1.96%) in pre-market trading.

Alibaba (BABA) reported Q2 FY 2019 earnings of $1.11 per share (versus $1.29 in Q2 FY 2018), beating analysts’ consensus estimate of $1.10.

The company’s quarterly revenues amounted to $12.398 bln (+49.6% y/y), generally in line with analysts’ consensus estimate of $12.506 bln.

BABA rose to $159.30 (+5.32%) in pre-market trading.

Starbucks (SBUX) reported Q4 FY 2018 earnings of $0.62 per share (versus $0.55 in Q4 FY 2017), beating analysts’ consensus estimate of $0.60.

The company’s quarterly revenues amounted to $6.304 bln (+10.6% y/y), generally in-line analysts’ consensus estimate of $6.277 bln.

The company also issued in-line guidance for FY 2019, projecting EPS of $2.61-2.66 (versus analysts’ consensus estimate of $2.63) and revenues of +5-7% y/y (or $26-26.45 bln versus analysts’ consensus estimate of $26.16 bln).

SBUX rose to $63.55 (+8.39%) in pre-market trading.

Apple (AAPL) reported Q4 FY 2018 earnings of $2.91 per share (versus $2.07 in Q4 FY 2017), beating analysts’ consensus estimate of $2.78.

The company’s quarterly revenues amounted to $62.900 bln (+19.6% y/y), beating analysts’ consensus estimate of $61.549 bln.

Its iPhone shipments were flat at 46.9 mln versus analysts’ consensus estimate of 48.0 mln.

The company also issues guidance for Q1 FY 2019, projecting revenues of $89-93 bln (versus analysts’ consensus estimate of $92.88 bln) and gross margin at 38.0-8.5% (versus analysts’ consensus estimate of 38.6%).

Apple announced that starting with the December quarter, it would no longer be providing unit-sales data on iPhone, iPad and Mac.

AAPL fell to 209.91 (-5.54%) in pre-market trading.