Wednesday, May 24, 2023

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (AMWD)/1.50
  • (BBY)/1.10
  • (BURL)/.92
  • (DLTR)/1.54
  • (GCO)/-1.10
  • (MDT)/1.55
  • (NTES)/8.59
  • (RL)/.60
  • (TITN)/1.02
  • (TD)/2.09
  • (WB)/.45
After the Close: 
  • (ADSK)/1.56
  • (COST)/3.31
  • (DECK)/2.69
  • (GPS)/-.16
  • (MRVL)/.29
  • (RH)/2.07
  • (ULTA)/6.83
  • (WDAY)/1.12

Economic Releases 

8:30 am EST

  • The Chicago Fed National Activity Index for April is estimated to fall to -.2 versus -.19 in March.
  • Initial Jobless Claims for last week are estimated to rise to 245K versus 242K the prior week.
  • Continuing Claims are estimated to rise to 1800K versus 1799K prior.
  • 1Q GDP revisions.
10:00 am EST
  • Pending Home Sales MoM for April is estimated to rise +1.0% versus a -5.2% decline in March.
11:00 am EST
  • The Kansas City Fed Manufacturing Activity for May is estimated to rise to -9.0 versus -10.0 in April.
Upcoming Splits
  • None of note
Other Potential Market Movers
  • The German GDP report, 7Y T-Note auction, weekly EIA natural gas inventory report, (ZTS) investor day and the (RJF) investor day could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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