Wednesday, September 18, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (CBRL)/1.10
  • (DRI)/1.83
  • (FDS)/3.62
After the Close: 
  • (FDX)/4.75
  • (LEN)/3.64
Economic Releases

8:30 am EST

  • The Current Account Deficit for 2Q is estimated to widen to $260.0B versus $237.6B in 1Q.
  • Philly Fed Business Outlook Index for Sept. is estimated to rise to 0.0 versus -7.0 in Aug.
  • Initial Jobless Claims for last week is estimated at 230K versus 230K the prior week.
  • Continuing Claims is estimated at 1850K versus 1850K prior.

10:00 am EST

  • The Leading Index for Aug. is estimated to fall -.3% versus a -.6% decline in July.
  • Existing Home Sales for Aug. is estimated to fall to 3.9M versus 3.95M.

Upcoming Splits

  • None of note
Other Potential Market Movers
  • The 10Y TIPS auction, Fed's weekly balance sheet report, weekly EIA natural gas inventory report, Wells Fargo Consumer Conference, JP Morgan US Clean Tech Stars Conference, (GLW) business update, (UNP) investor day, (QCOM) investor day and the DA Davidson Diversified Industrials/Services Conference could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

No comments: