Wednesday, September 27, 2023

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (ACN)/2.65
  • (KMX)/.75
  • (JBL)/2.32
After the Close: 
  • (NKE)/.76
  • (BB)/-.07
  • (MTN)/-3.3
Economic Releases  

8:30 am EST

  • 2Q GDP revisions.
  • Initial Jobless Claims for last week are estimated to rise to 215K versus 201K the prior week.
  • Continuing Claims are estimated to rise to 1675K versus 1662K prior.

10:00 am EST

  • Pending Home Sales MoM for Aug. is estimated to fall -1.0% versus a +.9% gain in July.

11:00 am EST

  • The Kansas City Fed Manufacturing Index for Sept. is estimated to fall to -2.0 versus 0.0 in Aug.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The Eurozone Business Climate Index, 7Y T-Note auction, weekly EIA natural gas inventory report, (INTU) investor day, (FLS) analyst day, (PM) investor day and the (AFRM) fireside chat with DB could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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