Tuesday, April 16, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (ABT)/.95
  • (ASML)/3.15
  • (BKU)/.59
  • (FHN)/.33
  • (PLD)/1.28
  • (TRV)/4.90
  • (USB)/.84
After the Close: 
  • (AA)/-.64
  • (OZK)/1.46
  • (CCI)/1.72
  • (CSX)/.45
  • (DFS)/2.95
  • (EFX)/1.44
  • (KMI)/.34
  • (LVS)/.61
  • (SLG)/1.99
  • (WTFC)/2.41
Economic Releases
10:30 am EST
  • Bloomberg consensus estimates call for a weekly crude oil inventory gain of +1,427,330 barrels versus a +5,841,000 barrel gain the prior week. Gasoline supplies are estimated to fall by -940,000 barrels versus a +715,000 barrel gain the prior week. Distillate inventories are estimated to fall by -369,000 barrels versus a +1,659,000 barrel gain the prior week. Finally, Refinery Utilization is estimated to rise by +.56% versus a -.3% decline prior.

2:00 pm EST

  • Federal Reserve Beige Book release.

4:00 pm EST

  • Net Long-Term TIC Flows for February.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The Fed's Mester speaking, Fed's Bowman speaking, 20Y T-Bond auction, IMF Meetings, weekly MBA Mortgage Applications, (ADBE) annual meeting, (SHW) annual meeting, (RF) annual meeting, (EQT) annual meeting, (RGLD) investor day and the (TPH) annual meeting report could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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