Wednesday, May 15, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (BIDU)/15.98
  • (GOOS)/.05
  • (DE)/7.86
  • (JD)/4.67
  • (UAA)/.08
  • (WMT)/.52
After the Close: 
  • (AMAT)/1.99
  • (CPRT)/.39
  • (FLO)/.41
  • (TTWO)/.09
Economic Releases
8:30 am EST
  • Initial Jobless Claims for last week is estimated to fall to 220K versus 231K the prior week.
  • Continuing Claims is estimated to fall to 1780K versus 1785K the prior week.
  • Housing Starts MoM for April is estimated to rise to 1420K versus 1321K in March.
  • Building Permits MoM for April is estimated to rise +.9% versus a -3.7% decline in March.
  • NY Fed Services Business Activity Index for May.
  • Philly Fed Business Outlook Index for May is estimated to fall to 8.0 versus 15.5 in April.
  • The Import Price Index MoM for April is estimated to rise +.3% versus a +.4% gain in March.
  • The Export Price Index MoM for April is estimated to rise +.2% versus a +.3% gain in March.

9:15 am EST

  • Industrial Production MoM for April is estimated to rise +.1% versus a +.4% gain in March.
  • Capacity Utilization for April is estimated at 78.4% versus 78.4% in March.
  • Manufacturing Production for April is estimated to rise +.1% versus a +.5% gain in March.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The Fed's Harker speaking, Fed's Bostic speaking, Fed's Mester speaking, Fed's Barr speaking, Fed's weekly balance sheet report, weekly EIA natural gas inventory report, Needham Growth Conference, Needham Tech/Media/Consumer Conference, (CVS) annual meeting, (RGEN) annual meeting, (XYL) annual meeting, (CB) general meeting, (HRI) annual meeting, (MO) annual meeting, (RIG) annual meeting, (CLF) annual meeting, (HOG) annual meeting, (CBOE) annual meeting, (CMI) investor day, (HD) annual meeting, (LEA) annual meeting, (TXRH) annual meeting, (WEN) annual meeting, (ORLY) annual meeting, (XPO) annual meeting, (YUM) annual meeting, (DOW) investor day, (AVB) annual meeting and the (PH) investor meeting could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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