Novosti i prognoe: tržište kapitala od 27-07-2018

U.S. stock-index futures rose on Friday, supported by Amazon's (AMZN) robust earnings and solid U.S. Q2 GDP data.

Global Stocks:

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

McDonald's (MCD) target lowered to $175 at Telsey Advisory Group

Intel (INTC) downgraded to Neutral from Buy at BofA/Merrill

Intel (INTC) downgraded to Neutral from Buy at Citigroup

Facebook (FB) downgraded to Hold from Buy at Edward Jones

Chevron (CVX) reported Q2 FY 2018 earnings of $1.78 per share (versus $0.77 in Q2 FY 2017), missing analysts' consensus estimate of $2.09.

The company's quarterly revenues amounted to $42.236 bln (+22.5% y/y), missing analysts' consensus estimate of $46.622 bln.

CVX fell to $120.80 (-2.54%) in pre-market trading.

Exxon Mobil (XOM) reported Q2 FY 2018 earnings of $0.92 per share (versus $0.78 in Q2 FY 2017), missing analysts' consensus estimate of $1.27.

The company's quarterly revenues amounted to $73.501 bln (+26.6% y/y), beating analysts' consensus estimate of $71.656 bln.

XOM fell to $82.50 (-2.07%) in pre-market trading.

Twitter (TWTR) reported Q2 FY 2018 earnings of $0.17 per share (versus $0.08 in Q2 FY 2017), beating analysts' consensus estimate of $0.16.

The company's quarterly revenues amounted to $0.711 bln (+23.8% y/y), beating analysts' consensus estimate of $0.697 bln.

Twitter also said its average MAUs were 335 million for Q2, an increase of 9 million y/y and a decrease of 1 million q/q and warned about a possible decline in MAUs in the mid-single-digit millions on a sequential basis in Q3.

TWTR fell to $36.31 (-15.44%) in pre-market trading.

Merck (MRK) reported Q2 FY 2018 earnings of $1.06 per share (versus $1.01 in Q2 FY 2017), beating analysts' consensus estimate of $1.03.

The company's quarterly revenues amounted to $10.465 bln (+5.4% y/y), beating analysts' consensus estimate of $10.280 bln.

The company also issued in-line guidance for FY 2018, projecting EPS of $4.22-4.30 (versus its prior guidance of $4.16-4.28 and analysts' consensus estimate of $4.24) and revenues of $42-42.8 bln (versus its prior guidance of $41.8-43 bln and analysts' consensus estimate of $42.12 bln).

MRK rose to $64.98 (+1.52%) in pre-market trading.

Starbucks (SBUX) reported Q3 FY 2018 earnings of $0.62 per share (versus $0.55 in Q3 FY 2017), beating analysts' consensus estimate of $0.60.

The company's quarterly revenues amounted to $6.310 bln (+11.5% y/y), generally in-line with analysts' consensus estimate of $6.252 bln.

The company also issued upside guidance for Q4, projecting EPS of $0.68 versus analysts' consensus estimate of $0.63.

SBUX fell to $51.31 (-0.27%) in pre-market trading.

Intel (INTC) reported Q2 FY 2018 earnings of $1.04 per share (versus $0.72 in Q2 FY 2017), beating analysts' consensus estimate of $0.97.

The company's quarterly revenues amounted to $16.962 bln (+14.9% y/y), beating analysts' consensus estimate of $16.776 bln.

Intel issued guidance for Q3, projecting EPS of $1.10-1.20 versus analysts' consensus estimate of $1.08 and revenues of $17.6-18.6 bln versus analysts' consensus estimate of $17.62 bln.

The company also raised its FY 2018 EPS guidance to $3.94-4.36 (versus analysts' consensus estimate of $4.01) and revenues guidance to $68.5-70.5 bln (versus analysts' consensus estimate of $68.38 bln).

INTC fell to $48.64 (-6.75%) in pre-market trading.

Amazon (AMZN) reported Q2 FY 2018 earnings of $5.07 per share (versus $0.40 in Q2 FY 2017), beating analysts' consensus estimate of $2.53.

The company's quarterly revenues amounted to $52.886 bln (+39.3% y/y), slightly missing analysts' consensus estimate of $53.371 bln.

The company also issued guidance for Q3, projecting Q3 revenues of $54.0-57.5 bln (versus analysts' consensus estimate of $58.04 bln) and operating income of $1.4-2.4 bln (versus analysts' consensus estimate of $1.3 bln).

AMZN rose to $1,884.20 (4.21%) in pre-market trading.