Wednesday, March 22, 2023

Tomorrow's Earnings/Economic Releases of Note; Market Movers

Earnings of Note 
Company/Estimate 

Before the Open: 
  • (ACN)/2.50
  • (CMC)/1.51
  • (DRI)/2.24
  • (FDS)/3.67
  • (GIS)/.92
  • (LAC)/-.34
After the Close: 
  • (OXM)/2.12
  • (MDRX)/.27
  • (AUY)/.06

Economic Releases

8:30 am EST
  • Initial Jobless Claims for last week are estimated to rise to 198K versus 192K the prior week.
  • Continuing Claims are estimated to rise to 1691K versus 1684K prior.
  • The 4Q Current Account Balance is estimated to widen to -$213.7B versus -$217.1B in 3Q.
  • The Chicago Fed National Activity Index for Feb. is estimated to fall to .1 versus .23 in Jan.
10:00 am EST
  • New Home Sales for Feb. is estimated to fall to 650K versus 670K in Jan.
11:00 am EST
  • The Kansas City Fed Manufacturing Activity Index for March is estimated to fall to -2.0 versus 0.0 in Feb.
Upcoming Splits
  • (GCBC) 2-for-1
  • (FCUV) 3-for-2
Other Potential Market Movers
  • The Bank of England decision, weekly EIA natural gas inventory report, (MO) investor day and the (GPC) investor day could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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