Tin tức thì trường

The U.S. Commerce Department announced on Tuesday that the sales of new single-family homes increased 4.5 percent m-o-m to a seasonally adjusted annual rate of 692, 000 units in March, as lower mortgage costs helped buyers afford properties. That was the highest reading since November 2017.

Economists had forecast the sales pace of 650,000 last month.

February’s sales pace was revised down to 662,000 units from the originally reported 667,000 units.

According to the report, new home sales in the South, the largest area, rose 3.6 percent m-o-m in March to their highest level since July 2007. Sales in the Midwest climbed 17.6 percent m-o-m, while sales in the West jumped 6.7 percent m-o-m. Meanwhile, sales in the Northeast declined 22.2 percent m-o-m.

In y-o-y terms, new home sales recorded a 3.0 percent advance in March.

U.S. stock-index futures traded flat on Tuesday, as investors digested a fresh batch of earnings reports from some major U.S. companies.

Global Stocks:

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

UnitedHealth (UNH) initiated with a Neutral at UBS; target $238

Walt Disney (DIS) target raised to $168 from $144 at BofA/Merrill; also added to US 1 List

Verizon (VZ) reported Q1 FY 2019 earnings of $1.20 per share (versus $1.11 in Q1 FY 2018), beating analysts’ consensus of $1.16.

The company’s quarterly revenues amounted to $32.128 bln (+1.1% y/y), generally in line with analysts’ consensus estimate of $32.133 bln.

VZ rose to $58.80 (+0.74%) in pre-market trading.

United Tech (UTX) reported Q1 FY 2019 earnings of $1.91 per share (versus $1.77 in Q1 FY 2018), beating analysts’ consensus of $1.72.

The company’s quarterly revenues amounted to $18.365 bln (+20.5% y/y), beating analysts’ consensus estimate of $18.011 bln.

The company also issued in-line guidance for FY 2019, projecting EPS of $7.80-8.00 (compared to its prior guidance of $7.70-8.00 and analysts’ consensus estimate of $7.91) and revenues of $75.5-77.0 bln (unchanged from its prior guidance and versus analysts’ consensus estimate of $77.07 bln).

UTX rose to $142.40 (+4.01%) in pre-market trading.

Procter & Gamble (PG) reported Q1 FY 2019 earnings of $1.06 per share (versus $1.00 in Q1 FY 2018), beating analysts’ consensus of $1.04.

The company’s quarterly revenues amounted to $16.462 bln (+1.1% y/y), generally in line with analysts’ consensus estimate of $16.366 bln.

PG fell to $105.60 (-0.39%) in pre-market trading.

Twitter (TWTR) reported Q1 FY 2019 earnings of $0.37 per share (versus $0.16 in Q1 FY 2018), beating analysts’ consensus of $0.15.

The company’s quarterly revenues amounted to $0.787 bln (+18.3% y/y), beating analysts’ consensus estimate of $0.775 bln.

The company also issued in-line guidance for Q2, projecting Q2 revenues of $0.770-0.830 bln versus analysts’ consensus estimate of $0.818 bln.

TWTR rose to $36.78 (+6.95%) in pre-market trading.

Coca-Cola (KO) reported Q1 FY 2019 earnings of $0.48 per share (versus $0.47 in Q1 FY 2018), beating analysts’ consensus of $0.46.

The company’s quarterly revenues amounted to $8.000 bln (+5.3% y/y), beating analysts’ consensus estimate of $7.886 bln.

The company also reaffirmed guidance for FY 2019, projecting EPS of $2.05-2.10 versus analysts’ consensus estimate of $2.09.

KO rose to $49.00 (+3.38%) in pre-market trading.