Novosti i prognoe: tržište kapitala od 19-10-2018

U.S. stock-index futures rose moderately on Friday, as a slew of strong corporate earnings reports powered a rebound in the stock market after steep losses in the previous session.

Global Stocks:

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

Apple (AAPL) initiated with Outperform at Wedbush; target $310

Travelers (TRV) downgraded to Neutral from Buy at Citigroup

Walt Disney (DIS) upgraded to Overweight from Equal-Weight at Barclays

Procter & Gamble (PG) reported Q1 FY 2019 earnings of $1.12 per share (versus $1.09 in Q1 FY 2018), beating analysts' consensus estimate of $1.09.

The company's quarterly revenues amounted to $16.690 bln (+0.2% y/y), beating analysts' consensus estimate of $16.451 bln.

The company also issued guidance for FY 2019, projecting EPS of ~$4.35-4.5 (+3-8% y/y; versus analysts' consensus estimate of $4.37) and revenues of ~$65.50-66.83 bln (-2-0% y/y; versus analysts' consensus estimate of $66.58 bln).

PG rose to $84.15 (4.87%) in pre-market trading.

Honeywell (HON) reported Q3 FY 2018 earnings of $2.03 per share (versus $1.74 in Q3 FY 2017), beating analysts' consensus estimate of $1.99.

The company's quarterly revenues amounted to $10.762 bln (+6.3% y/y), generally in line with analysts' consensus estimate of $10.750 bln.

The company also issued Q4 guidance, projecting EPS of $1.85-1.90 (versus analysts' consensus estimate of $2.07) and revenues of $9.6-9.7 bln (versus analysts' consensus estimate of $11.09 bln).

HON rose to $159.75 (+2.94%) in pre-market trading.

PayPal (PYPL) reported Q3 FY 2018 earnings of $0.58 per share (versus $0.46 in Q3 FY 2017), beating analysts' consensus estimate of $0.54.

The company's quarterly revenues amounted to $3.683 bln (+13.7% y/y), generally in-line with analysts' consensus estimate of $3.663 bln.

The company also issued in-line guidance for Q4, projecting EPS of $0.65-0.67 (versus analysts' consensus estimate of $0.65) and revenues of $4.195-4.275 bln (versus analysts' consensus estimate of $4.21 bln).

It raised its FY 2018 EPS guidance to $2.38-2.40 from $2.32-2.35 and revenue guidance to $15.42-15.50 bln from $15.3-15.5 bln.

PYPL rose to $82.66 (+6.69%) in pre-market trading.

American Express (AXP) reported Q3 FY 2018 earnings of $1.88 per share (versus $1.50 in Q3 FY 2017), beating analysts' consensus estimate of $1.77.

The company's quarterly revenues amounted to $10.144 bln (+9.2% y/y), generally in-line with analysts' consensus estimate of $10.060 bln.

The company also issued upside guidance for FY 2018, projecting EPS of $7.30-7.40 (compared to its prior guidance of "high end of $6.90-7.30" and analysts' consensus estimate of $7.29) and revenues of +9-10% y/y (versus its prior growth guidance of "at least 9%").

AXP rose to $104.00 (+1.13%) in pre-market trading.