Wednesday, June 05, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (ABM)/.79
  • (BIG)-3.92
  • (CIEN)/.15
  • (GIII)/-.03
  • (SJM)/2.35
  • (TTC)/1.29
After the Close: 
  • (DOCU)/.79
  • (MTN)/10.00
  • (ZUMZ)/-1.14
  • (RH)/-.14
Economic Releases
7:30 am EST
  • Challenger Job Cuts YoY for May.

8:30 am EST:

  • 1Q Productivity/Unit Labor Cost revisions.
  • The Trade Deficit for April is estimated to widen to -$76.5B versus -$69.4B in March.
  • Initial Jobless Claims for last week is estimated to rise to 220K versus 219K the prior week.
  • Continuing Claims is estimated to fall to 1790K versus 1791K prior.

Upcoming Splits 

  • (NVDA) 10-for-1
Other Potential Market Movers
  • The Atlanta Fed GDPNow 2Q update, weekly Fed balance sheet report, weekly EIA natural gas inventory report, (NFLX) annual meeting, (TOST) annual meeting, (LYFT) investor day, (ASO) annual meeting, (TDW) annual meeting, (TT) annual meeting, (MOS) annual meeting, (EME) annual meeting, (FANG) annual meeting, (LULU) annual meeting, Baird Consumer Tech/Services Conference, BofA Tech Conference, Jefferies Healthcare Conference, TD Financial Services/Fintech Summit and the Deutsche Bank Consumer Conference could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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