Tuesday, March 12, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (DLTR)/2.66
  • (WOOF)/.02
  • (WSM)/5.12
After the Close: 
  • (LEN)/2.21
  • (S)/-.04
  • (SMTC)/-.04
  • (PATH)/.16
Economic Releases

10:30 am EST

  • Bloomberg consensus estimates call for a weekly crude oil inventory gain of +306,670 barrels versus a +1,367,000 barrel gain the prior week. Gasoline supplies are estimated to fall by -1,619,830 barrels versus a -4,460,000 barrel decline the prior week. Distillate inventories are estimated to fall by -704,330 barrels versus a -4,131,000 barrel decline the prior week. Finally, Refinery Utilization is estimated to rise by +.85% versus a +3.4% gain prior.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The 30Y T-Bond auction, weekly MBA Mortgage Applications report, Thomson Reuters IPSOS PCSI for March, BofA Consumer/Retail Conference, UBS Consumer/Retail Conference, (SBUX) general meeting, (ADI) general meeting, (SUM) investor day, (ACI) annual meeting, JPMorgan Industrials Conference, Barclays Healthcare Conference, Sidoti Small Cap Conference, Gabelli Specialty Chemical Symposium, Leerink Biopharma Conference and the Wolfe Fintech Forum could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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