Wednesday, May 10, 2023

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (FLWS)/-.36
  • (CRL)/2.59
  • (DDS)/7.94
  • (JD)/3.50
  • (DNUT)/.07
  • (PKI)/1.02
  • (TPR)/.60
  • (TNK)/4.40
  • (YETI)/.16
After the Close: 
  • (NWSA)/.04
  • (SANM)/1.55

Economic Releases

8:30 am EST
  • Initial Jobless Claims for last week are estimated to rise to 245K versus 242K the prior week.
  • Continuing Claims are estimated to rise to 1820K versus 1805K prior.
  • PPI Final Demand MoM for April is estimated to rise +.3% versus a -.5% decline in March.
  • PPI Ex Food and Energy MoM for April is estimated to rise +.2% versus a -.1% decline in March.
  • PPI Ex Food, Energy and Trade YoY for April is estimated to rise +3.5% versus a +3.6% gain in March.
Upcoming Splits
  • None of note
Other Potential Market Movers
  • The Fed's Waller speaking, BofE decision, 30Y T-Bond auction, weekly EIA natural gas inventory report and the (H) investor day could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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