Wednesday, May 08, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (CAMT)/.57
  • (CSIQ)/-.01
  • (CARS)/.49
  • (CEG)/1.30
  • (HBI)/-.06
  • (H)/.77
  • (DNUT)/.06 
  • (PZZA)/.57
  • (PLNT)/.50
  • (RBLX)/-.53
  • (SBH)/.40
  • (TPR)/.68
  • (WRBY)/.07
  • (YETI)/.24
After the Close: 
  • (AKAM)/1.61
  • (DBX)/.50
  • (GH)/-.87
  • (HRB)/4.62
  • (SYNA)/.49
  • (TREX)/.72
  • (YELP)/.06
  • (DDS)/9.69
  • (PLUG)/-.33
Economic Releases

8:30 am EST

  • Initial Jobless Claims for last week are estimated to rise to 212K versus 208K the prior week.
  • Continuing Claims are estimated to rise to 1782K versus 1774K prior.

10:00 am EST

  • Univ. of Mich. Consumer Sentiment for May is estimated to fall to 76.2 versus 77.2 in April.
  • Univ. of Mich. 1Y Inflation Expectations for May is estimated at +3.2% versus +3.2% expected in April.

2:00 pm EST

  • The Monthly Budget Statement for April is estimated at $250.0B versus $176.2B in March.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The Fed's Daly speaking, 30Y Bond auction, Fed's weekly balance sheet report, weekly EIA natural gas inventory report, Thomson Reuters IPSOS PCSI for May, (ANDE) annual meeting, (KEY) annual meeting, (F) annual meeting, (NSC) annual meeting, (TSCO) annual meeting, (STLD) annual meeting, (CME) annual meeting, (DUK) annual meeting, (LVS) annual meeting, (UNP) annual meeting, (URI) annual meeting, (SYK) annual meeting, (VZ) annual meeting, Assoc. for Research in Vision/Ophthalmology Meeting and the American Society of Gene/Cell Therapy Meeting could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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