Wednesday, January 22, 2025

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (ALK)/.47
  • (AAL)/.66
  • (ELV)/3.82
  • (FCX)/.22
  • (GE)/1.04
  • (MKC)/.77
  • (UNP)/2.79
After the Close: 
  • (CSX)/.42
  • (ISRG)/1.79
  • (TXN)/1.20
  • (MRTN)/.06
Economic Releases

10:00 am EST

  • Initial Jobless Claims for last week is estimated to rise to 220K versus 217K the prior week.
  • Continuing Claims is estimated to rise to 1866K versus 1859K prior.

11:00 am EST

  • The Kansas City Fed Manufacturing Activity Index for Jan. is estimated to rise to 0 versus -4 in Dec.

12:00 pm EST

  • Bloomberg consensus estimates call for a weekly crude oil inventory decline of -830,000 barrels versus a -1,962,000 barrel decline the prior week. Gasoline supplies are estimated to rise by +1,295,000 barrels versus a +5,852,000 barrel gain the prior week. Distillate inventories are estimated to rise by +263,330 barrels versus a +3,077,000 barrel gain the prior week. Finally, Refinery Utilization is estimated to fall by -1.1% versus a -1.6% decline prior.

Upcoming Splits

  • None of note
Other Potential Market Movers
  • The President Trump speech, 10Y TIPS auction, Fed's weekly balance sheet report, weekly EIA natural gas inventory report, (JBL) annual meeting, (COST) annual meeting, (INTU) annual meeting, (TWLO) investor day and the (APD) annual meeting could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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