Wednesday, May 22, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (BJ)/.83
  • (MDT)/1.45
  • (MNRO)/.30
  • (NTES)/12.59
  • (RL)/1.67
  • (SCVL)/.60
  • (TITN)/.61
  • (WB)/.36
After the Close: 
  • (INTU)/9.38
  • (LGF/A)/.11
  • (ROST)/1.35
  • (WDAY)/1.58
  • (AMWD)/1.78
  • (ADSK)/1.75
  • (DECK)/2.97
  • (DLTR)/1.43
Economic Releases
8:30 am EST
  • The Chicago Fed National Activity Index for April is estimated to fall to .13 versus .15 in March.
  • Initial Jobless Claims for last week is estimated to fall to 220K versus 222K the prior week.
  • Continuing Claims is estimated to fall to 1793K versus 1794K prior.

9:45 am EST

  • The S&P Global US Manufacturing PMI for May is estimated to fall to 49.9 versus 50.0 in April.
  • The S&P Global US Services PMI for May is estimated to fall to 51.2 versus 51.3 in April.
  • The S&P Global US Composite PMI for May is estimated to fall to 51.2 versus 51.3 in April.

10:00 am EST

  • New Home Sales for April is estimated to fall to 678K versus 693K in March.

11:00 am EST

  • Kansas City Fed Manufacturing Activity for May is estimated to rise to -7 versus -8 in April.

Upcoming Splits 

  • None of note
Other Potential Market Movers
  • The Fed's Bostic speaking, weekly Fed balance sheet report, weekly EIA natural gas inventory report, (DD) annual meeting, (MHK) annual meeting, (RJF) investor day, (JXN) annual meeting, (ONON) annual meeting, (NOW) annual meeting, (VNO) annual meeting, (RMAX) annual meeting and the American Society of Clinical Oncology Meeting could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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