Wednesday, March 06, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (ABM)/.71
  • (AEO)/.50
  • (BJ)/1.06
  • (BURL)/3.31
  • (CIEN)/.48
  • (KR)/1.13
  • (TTC)/.66
After the Close: 
  • (AVGO)/10.40
  • (COST)/3.62
  • (DOCU)/.65
  • (LOCO)/.16
  • (GPS)/.23
  • (MDB)/46
  • (SWBI)/.11
  • (BIG)/-.23
  • (MRVL)/.46
  • (SSYS)/.02
Economic Releases

7:30 am EST

  • Challenger Job Cuts YoY for Feb.

8:30 am EST

  • The Trade Balance for Jan. is estimated to widen to -$63.5B versus -$62.2B in Dec.
  • Initial Jobless Claims for last week are estimated to rise to 217K versus 215K the prior week.
  • Continuing Claims are estimated to fall to 1880K versus 1905K prior.

12:00 pm EST

  • 4Q Household Change in Net Worth.

3:00 pm EST

  • Consumer Credit for Jan. is estimated to rise to $10.0B versus $1.561B in Dec.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The Fed's Powell testimony to Senate, Fed's Mester speaking, Atlanta Fed GDPNow 1Q update, State of the Union address, Fed's balance sheet report, ECB meeting, weekly EIA natural gas inventory report, (GE) investor day, (AMAT) general meeting, Morgan Stanley Tech/Media/Telecom Conference and the (CI) investor day could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

No comments: