Wednesday, March 27, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (WBA)/.82
After the Close: 
  • (OXM)/1.95
  • (SMTC)/-.04
Economic Releases
8:30 am EST
  • 4Q GDP Anuualized QoQ is estimated to rise +3.2% versus a prior estimate of a +3.2% gain.
  • 4Q Personal Consumption is estimated to rise +3.0% versus a prior estimate of a +3.0% gain.
  • 4Q GDP Price Index is estimated to rise +1.6% versus a prior estimate of a +1.6% gain.
  • 4Q Core PCE Price Index QoQ is estimated to rise +2.1% versus a prior estimate of a +2.1% gain.
  • Initial Jobless Claims are estimated to rise to 212K versus 210K the prior week.
  • Continuing Claims is estimated to rise to 1815K versus 1807K prior.

9:45 am EST

  • The MNI Chicago PMI for March is estimated to rise to 46.0 versus 44.0 in Feb.

10:00 am EST

  • Pending Home Sales MoM for Feb. is estimated to rise +1.5% versus a -4.9% decline in Jan.
  • Univ. of Mich. Final Consumer Sentiment readings for March.

11:00 am EST

  • The Kansas City Fed Manufacturing Activity Index for March is estimated to fall to -5 versus -4 in Feb.

Upcoming Splits 

  • (ODFL) 2-for-1
Other Potential Market Movers
  • The weekly EIA natural gas inventory report, HC Wainwright Autoimmune/Inflammatory Disease Conference and the (JEF) annual meeting could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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