Tuesday, March 26, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (CTAS)/3.58
  • (CCL)/-.18
After the Close: 
  • (BB)/-.04
  • (FUL)/.64
  • (JEF)/.75
  • (RH)/1.67
  • (VRNT)/.97
Economic Releases
10:30 am EST
  • Bloomberg consensus estimates call for a weekly crude oil inventory decline of -300,000 barrels versus a -1,952,000 barrel decline the prior week. Gasoline supplies are estimated to fall by -1,425,000 barrels versus a -3,310,000 barrel decline the prior week. Distillate inventories are estimated to rise by +25,000 barrels versus a +624,000 barrel gain the prior week. Finally, Refinery Utilization is estimated to rise by +.23% versus a +1.0% gain prior.

Upcoming Splits 

  • (ODFL) 2-for-1
Other Potential Market Movers
  • The Fed's Waller speaking, 7Y T-Note auction, weekly MBA Mortgage Applications report, Jefferies Value Retail Summit, (KMB) investor day, (GTLB) investor meeting, (MKC) annual meeting and the BofA Automotive Conference could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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