Wednesday, December 20, 2023

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (APOG)/1.10
  • (KMX)/.43
  • (CCL)/-.13
  • (CTAS)/3.49
  • (PAYX)/1.07
After the Close: 
  • (AIR)/.80
  • (AVO)/.10
  • (NKE)/.84
Economic Releases

8:30 am EST

  • 3Q GDP revisions.
  • Initial Jobless Claims for last week are estimated to rise to 215K versus 202K the prior week. 
  • Continuing Claims are estimated to rise to 1880K versus 1876K prior.
  • The Philly Fed Business Outlook Index for Dec. is estimated to rise to -3.0 versus -5.9 in Nov.

10:00 am EST

  • The Leading Index for Nov. is estimated to fall -.5% versus a -.8% decline in Oct.

11:00 am EST

  • The Kansas City Fed Manufacturing Activity Index for Dec. is estimated to fall to -4.0 versus -2.0 in Nov.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The Japan CPI report, the Fed's balance sheet report and the weekly EIA natural gas inventory report could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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