Check out the companies making headlines in premarket trading Friday. Apple — Apple's stock price dipped 2% after CFO Luca Maestri said supply chain issues ...
Chevron posted earnings per share of $3.36 per share on revenues of $54.37 billion. Analysts polled by Refinitiv were expecting $3.27 earnings per share on revenues of $47.94 billion. Meanwhile, analysts surveyed by Refinitiv were forecasting $1.86 earnings per share on revenues of $8.29 billion. Honeywell posted earnings of $1.91 per share on revenues of $8.38 billion. The company was forecasted to earn $1.91 per share on revenues of $11.36 billion, according to Refinitiv. Roku — Shares of Roku popped more than 4% after the digital media player manufacturer on Thursday reported sales that exceeded expectations in its recent quarter.
Three analysts believe that Apple is still benefiting from strong demand and continue to be bullish on the outlook of AAPL stock.
The analyst kept an “outperform” rating and a $200 price target on Apple. Calling Apple’s fiscal second-quarter earnings report “very impressive,” Wedbush analyst Dan Ives wrote that the demand for the company’s products remains strong. Many investors are closely watching Apple (NASDAQ: AAPL) stock today after the company warned yesterday that it is encountering a number of hurdles, including supply chain issues.
Consumer electronics giant Apple (AAPL) posted better-than-expected results for the March quarter but warned that Covid-related shutdowns in China will ...
"However, Apple continues to deliver record performances across most products and services." "In a market beset by numerous challenges, Apple remains a beacon of stability, and we continue to see Apple as our top IT hardware pick for 2022." The Covid-related disruptions are also having some impact on customer demand in China."