Novosti i prognoe: tržište kapitala od 15-04-2021

U.S. stock-index futures climbed on Thursday, as investors reacted positively to the macro data that pointed to an accelerating recovery of the U.S. economy, as well as strong Q1 earnings results.

Global Stocks:

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

Citigroup (C) reported Q1 FY 2021 earnings of $3.62 per share (versus $1.05 per share in Q1 FY 2020), beating analysts’ consensus estimate of $2.18 per share.

The company’s quarterly revenues amounted to $19.300 bln (-6.9% y/y), beating analysts’ consensus estimate of $18.340 bln.

С rose to $75.01 (+2.88%) in pre-market trading.

FXStreet reports that S&P 500 has completed a bearish “reversal day” which is seen reinforcing the view the market is now at/near an “extreme” following a series of “red flags” and analysts at Credit Suisse remain alert to a consolidation/corrective phase, ideally from the 4200 neighborhood. 

“A small bearish ‘reversal day’” for the S&P 500 as the market shows tentative signs of acknowledging its ‘typical’ upside extreme condition (the index for example is now more than 15% above its 200-day average). With Volume/OnBalanceVolume not confirming the new highs we maintain our view we are getting close to a peak to this phase for the emergence of a consolidation/corrective phase."

“Support at 4118/14 holding can maintain an immediate upside bias for now still but with a break above 4152 needed to neutralize yesterday’s bearish session for a move to 4175/79 and ideally our 4200 Q2 objective. Our bias remains to look for more concerted signs of a top here.”

PepsiCo (PEP) reported Q1 FY 2021 earnings of $1.21 per share (versus $1.07 per share in Q1 FY 2020), beating analysts’ consensus estimate of $1.12 per share.

The company’s quarterly revenues amounted to $14.820 bln (+6.8% y/y), beating analysts’ consensus estimate of $14.544 bln.

PEP rose to $$142.90 (+0.56%) in pre-market trading.

Bank of America (BAC) reported Q1 FY 2021 earnings of $0.86 per share (versus $0.40 per share in Q1 FY 2020), beating analysts’ consensus estimate of $0.62 per share.

The company’s quarterly revenues amounted to $22.800 bln (+0.1% y/y), beating analysts’ consensus estimate of $21.666 bln.

Bank of America also authorized the repurchase of up to $25 billion of common stock over time.

BAC rose to $40.50 (+1.55%) in pre-market trading.

UnitedHealth (UNH) reported Q1 FY 2021 earnings of $5.31 per share (versus $3.72 per share in Q1 FY 2020), beating analysts’ consensus estimate of $4.37 per share.

The company’s quarterly revenues amounted to $70.196 bln (+9.0% y/y), beating analysts’ consensus estimate of $69.129 bln.

The company also raised its FY 2021 EPS guidance to $18.10-18.60 from $17.75-18.25 previously versus analysts’ consensus estimate of $18.22.

UNH rose to $381.00 (+1.43%) in pre-market trading.