Novosti i prognoe: tržište kapitala od 26-07-2019

U.S. stock-index futures rose on Friday, as investors reacted positively to solid earnings from big tech companies such as Alphabet (GOOG) and Intel (INDC), as well as advance estimate for U.S. Q2 GDP, which revealed the country's economy grew at a better-than-expected clip in the second quarter.

Global Stocks:

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

McDonald's (MCD) reported Q2 FY 2019 earnings of $2.05 per share (versus $1.99 in Q2 FY 2018), in line with analysts’ consensus estimate.

The company’s quarterly revenues amounted to $5.341 bln (-0.2% y/y), generally in line with analysts’ consensus estimate of $5.335 bln.

MCD rose to $220.00 (+2.59%) in pre-market trading.

Twitter (TWTR) reported Q2 FY 2019 earnings of $0.05 per share (versus $0.17 in Q2 FY 2018), missing analysts’ consensus estimate of $0.19.

The company’s quarterly revenues amounted to $0.841 bln (+18.4% y/y), beating analysts’ consensus estimate of $0.828 bln.

Twitter also reported 139 million monetizable daily users (mDAU) (versus estimate of 137 mln), compared to 122 mln in the same period of the previous year and 134 mln in the previous quarter.

TWTR rose to $40.34 (+5.82%) in pre-market trading.

Starbucks (SBUX) reported Q2 FY 2019 earnings of $0.78 per share (versus $0.62 in Q2 FY 2018), beating analysts’ consensus estimate of $0.73.

The company’s quarterly revenues amounted to $6.823 bln (+8.1% y/y), beating analysts’ consensus estimate of $6.666 bln.

The company also issued upside guidance for FY 2019, projecting EPS of $2.80-2.82 versus analysts’ consensus estimate of $2.80.

SBUX rose to $97.00 (+6.62%) in pre-market trading.

Intel (INTC) reported Q2 FY 2019 earnings of $1.06 per share (versus $1.04 in Q2 FY 2018), beating analysts’ consensus estimate of $0.90.

The company’s quarterly revenues amounted to $16.505 bln (-2.7% y/y), beating analysts’ consensus estimate of $15.698 bln.

The company also issued upside guidance for Q3 FY 2019, projecting EPS of approx. $1.24 versus analysts’ consensus estimate of $1.16 and revenues of approx. $18.0 bln versus analysts’ consensus estimate of $17.76 bln.

It raised FY 2019 EPS guidance to approx. $4.40 (from $4.35) versus analysts’ consensus estimate of $4.22 and FY 2019 revenues guidance to approx. $69.5 bln (from $69.0 bln) versus analysts’ consensus estimate of $68.32 bln.

In addition, Intel confirmed that Apple (AAPL) will acquire the majority of the company's smartphone modem business for $1 bln.

INTC rose to $54.54 (+4.56%) in pre-market trading.

Amazon (AMZN) reported Q2 FY 2019 earnings of $5.22 per share (versus $5.07 in Q2 FY 2018), missing analysts’ consensus estimate of $5.63.

The company’s quarterly revenues amounted to $63.404 bln (+19.9% y/y), beating analysts’ consensus estimate of $62.593 bln.

The company also issued guidance for Q3 FY 2019, projecting revenues of $66-70 bln versus analysts’ consensus estimate of $67.36 bln and operating income of $2.1-3.1 bln versus analysts’ consensus estimate of $4.38 bln and compared with $3.7 bln in Q3 FY 2018.

AMZN fell to $1,945.02 (-1.46%) in pre-market trading.

Alphabet (GOOG) reported Q2 FY 2019 earnings of $14.21 per share (versus $11.75 in Q2 FY 2018), beating analysts’ consensus estimate of $11.38.

The company’s quarterly revenues amounted to $38.944 bln (+19.3% y/y), beating analysts’ consensus estimate of $38.213 bln.

The company also announced a $25 bln share repurchase on Class C capital stock (GOOG).

GOOG rose to $1,230.00 (+8.65%) in pre-market trading.