Wednesday, May 17, 2023

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (BBWI)/.26
  • (BABA)/9.47
  • (GOOS)/.07
  • (CSIQ)/.73
  • (DOLE)/.18
  • (EXP)/2.30
  • (MNRO)/.32
  • (PLCE)/-1.78
  • (WMT)/1.32
After the Close: 
  • (AMAT)/1.83
  • (FLO)/.38
  • (NTNX)/.03
  • (ROST)/1.05

Economic Releases

8:30 am EST
  • Initial Jobless Claims for last week are estimated to fall to 253K versus 264K the prior week.
  • Continuing Claims is estimated to rise to 1819K versus 1813K prior.
  • Philly Fed Business Outlook for May is estimated to rise to -20.0 versus -31.3 in April.
10:00 am EST
  • Existing Home Sales for April is estimated to fall to 4.3M versus 4.44M in March.
  • The Leading Index for April is estimated to fall -.6% versus a -1.2% decline in March.
Upcoming Splits
  • None of note
Other Potential Market Movers
  • The Fed's Barr testimony to Senate, Fed's Jefferson speaking, Australian Unemployment report, weekly EIA natural gas inventory report, BofA Transport Airlines/Industrials Conference and the (ITW) investor day could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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