Wednesday, December 18, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (ACN)/3.42
  • (KMX)/.62
  • (CTAS)/1.01
  • (CAG)/.67
  • (DRI)/2.02
  • (FDS)/4.28
  • (LW)/1.01
  • (PAYX)/1.12
After the Close: 
  • (BB)/-.01
  • (FDX)/4.02
  • (NKE)/.63
Economic Releases

8:30 am EST

  • Revised 3Q GDP readings.
  • The Philly Fed Business Outlook Index for Dec. is estimated to rise to 2.8 versus -5.5 in Nov.
  • Initial Jobless Claims for last week is estimated to fall to 230K versus 242K the prior week.
  • Continuing Claims is estimated to rise to 1890K versus 1886K prior.

10:00 am EST

  • The Leading Index for Nov. is estimated to fall -.1% versus a -.4% decline in Oct.
  • Existing Home Sales for Nov. is estimated to rise to 4.09M versus 3.96M in Oct.

11:00 am EST

  • The Kansas City Fed Manufacturing Activity Index for Dec. is estimated to rise to -1 versus -2 in Nov.

4:00 pm EST

  • Net Long-Term TIC Flows for Oct.

Upcoming Splits

  • (TSCO) 5-for-1
Other Potential Market Movers
  • The BOJ meeting, weekly EIA natural gas inventory report, (AGCO) analyst meeting, (FDS) annual meeting, (GNRC) mgmt meeting with CL King and the (THO) annual meeting could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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