Tuesday, May 23, 2023

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (ANF)/.02
  • (CRMT)/.99
  • (ADI)/2.76
  • (BMO)/3.23
  • (KSS)/-.44
  • (WOOF)/.05
  • (PLCE)/-1.78
After the Close: 
  • (AEO)/.17
  • (ELF)/.20
  • (GES)/-.28
  • (NVDA)/.92
  • (SNOW)/.05
  • (SPLK)/-.12
  • (ZUO)/.00

Economic Releases 

10:30 am EST

  • Bloomberg consensus estimates call for a weekly crude oil inventory gain of +932,290 barrels versus a +5,040,000 barrel gain the prior week. Gasoline supplies are estimated to fall by -1,165,290 barrels versus a -1,381,000 barrel decline the prior week. Distillate inventories are estimated to rise by +319,140 barrels versus an +80,000 gain the prior week
2:00 pm EST
  • May 3rd FOMC Meeting Minutes.
Upcoming Splits
  • None of note
Other Potential Market Movers
  • The Fed's Waller speaking, UK CPI report, 5Y T-note auction, weekly MBA Mortgage Applications report and the (TMO) investor day could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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