Wednesday, February 28, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (BBY)/2.52
  • (DOLE)/.07
  • (FRO)/.51
  • (GDRX)/.07
  • (HRL)/.34
  • (NTES)/12.40
  • (PZZA)/.72
  • (TD)/1.43
After the Close: 
  • (AMWD)/1.28
  • (ADSK)/1.95
  • (COO)/.78
  • (HPE)/.45
  • (MTZ)/.45
  • (NTAP)/1.69
  • (ZS)/.58
Economic Releases

8:30 am EST

  • Personal Income for Jan. is estimated to rise +.4% versus a +.3% gain in Dec.
  • Personal Spending for Jan. is estimated to rise +.2% versus a +.7% gain in Dec.
  • The PCE Core Deflator MoM for Jan. is estimated to rise +.3% versus a +.2% gain in Dec.
  • Initial Jobless Claims for last week are estimated to rise to 210K versus 201K the prior week.
  • Continuing Claims is estimated to rise to 1874K versus 1862K prior.

9:45 am EST

  • The MNI Chicago PMI for Feb. is estimated to rise to 48.0 versus 46.0 in Jan.

10:00 am EST

  • Pending Home Sales MoM for Jan. is estimated to rise +1.5% versus an +8.3% gain in Dec.

11:00 am EST

  • Kansas City Fed Manufacturing Activity for Feb. is estimated to rise to -2 versus -9 in Jan.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The Fed's Schmid speaking, Fed's Mester speaking, Fed's Goolsbee speaking, Fed's Bostic speaking, Fed's Williams speaking, Atlanta Fed GDPNow 1Q update, weekly EIA natural gas inventory report, Susquehanna Tech Conference, BofA Ag/Materials Conference, (PFE) investor day and the BofA Animal Health Virtual Summit could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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