Wednesday, February 21, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (CARS)/.41
  • (D)/.38
  • (FCN)/1.67
  • (HEES)/1.22
  • (IRM)/1.05
  • (KDP)/.54
  • (MRNA)/-.99
  • (NEM)/.43
  • (PCG)/.46
  • (PXD)/5.35
  • (POOL)/1.27
  • (PWR)/1.98
  • (TNK)/3.42
  • (TRN)/.64
  • (W)/-.15
After the Close: 
  • (SQ)/.58
  • (BKNG)/29.72
  • (CVNA)/-.84
  • (CPRT)/.34
  • (EIX)/1.16
  • (EOG)/3.08
  • (INTU)/2.30
  • (MELI)/7.10
  • (NE)/.59
  • (OII)/.25
  • (RMAX)/.29
  • (SFM)/.45
  • (OLED)/1.15
Economic Releases

8:30 am EST

  • The Chicago Fed National Activity Index for Jan. is estimated to fall to -.21 versus -.15 in Dec.
  • Initial Jobless Claims are estimated to rise to 216K versus 212K the prior week.
  • Continuing Claims are estimated to fall to 1884K versus 1895K prior.

9:45 am EST

  • S&P Global US Manufacturing PMI for February is estimated at 50.7 versus 50.7 in January.
  • S&P Global US Services PMI for February is estimated to fall to 52.3 versus 52.5 in January.
  • S&P Global US Composite PMI for February is estimated to fall to 51.8 versus 52.0 in January. 

10:00 am EST

  • Existing Home Sales for Jan. is estimated to rise to 3.97M versus 3.78M in Dec.

Upcoming Splits 

  • (WMT) 3-for-1
Other Potential Market Movers
  • The Fed's Kashkari speaking, Fed's Harker speaking, weekly EIA natural gas inventory report, BofA Financial Services Conference, (SON) investor day, (RJF) annual meeting, (AMGN) business update, Barclays Industrial Select Conference and the Citi Industrial Tech/Mobility Conference could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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