Monday, March 27, 2023

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

Earnings of Note 
Company/Estimate 

Before the Open: 
  • (MKC)/.50
  • (WBA)/1.11
After the Close: 
  • (CALM)/5.70
  • (PLAY)/.70
  • (JEF)/.44
  • (LULU)/4.26
  • (MU)/-.85
  • (PRGS)/1.05

Economic Releases

8:30 am EST
  • Advance Goods Trade Balance for Feb. is estimated at -$90.0B versus -$91.5B in Jan.
  • Wholesale Inventories MoM for Feb. is estimated to fall -.1% versus a -.4% decline in Jan.
  • Retail Inventories MoM for Feb. is estimated to rise +.2% versus a +.3% gain in Jan.
9:00 am EST
  • The FHFA House Price Index MoM for Jan. is estimated to fall -.3% versus a -.1% decline in Dec.
  • The S&P  CoreLogic CS 20-City MoM SA for Jan. is estimated to fall -.5% versus a -.51% decline in Dec.
10:00 am EST
  • Conference Board Consumer Confidence Index for March is estimated to fall to 101.0 versus 102.9 in Feb.
  • The Richmond Fed Manufacturing Index for March is estimated to rise to -10 versus -16 in Feb.
10:30 am EST
  • Dallas Fed Services Activity Index for March.
Upcoming Splits
  • (MNST) 2-for-1
Other Potential Market Movers
  • The Fed's Barr speaking, Senate Banking Committee Hearing on Bank Failures, Eurozone Consumer Confidence report, Bloomberg US Economic Survey for March and the weekly US retail sales reports could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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