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

Earnings of Note 
Company/Estimate 

Before the Open:

• (BBY)/1.08
• (BURL)/1.05
• (CBRL)/.66
• (DG)/1.58
• (FL)/.12
• (HRL)/.36
• (KSS)/.05
• (RY)/2.02
• (SPTN)/.54
  

After the Close: 

• (AMBA)/-.31
• (ASAN)/-.08
• (COO)/.83
• (COST)/3.71
• (DELL)/1.27
• (GPS)/.14
• (GES)/-.40
• (MRVL)/.24
• (MDB)/.38
• (NTAP)/1.79
• (JWN)/-.07
• (PD)/.13
• (ULTA)/6.25
• (ZS)/.66
• (FRO)/.86
  

Economic Releases

8:30 am EST

• 1Q GDP revisions. 
• Initial Jobless Claims for last week is estimated to rise to 217K versus 215K the prior week.
• Continuing Claims is estimated to rise to 1796K versus 1794K prior.
• Advance Goods Trade Balance for April is estimated at -$92.3B versus -$91.8B in March.
• Wholesale Inventories MoM for April is estimated to rise +.1% versus a -.4% decline in March.
• Retail Inventories MoM for April is estimated to rise +.3% versus a +.3% gain in March.
  

10:00 am EST

• Pending Home Sales MoM for April is estimated to fall  -1.0% versus a +3.4% gain in March.

11:00 am EST

• Bloomberg consensus estimates call for a weekly crude oil inventory decline of -1,214,430 barrels versus a +1,825,000 barrel gain the prior week. Gasoline supplies are estimated to fall by -1,179.430 barrels versus a -945,000 barrel decline the prior week. Distillate inventories are estimated to fall by -151,710 barrels versus a +379,000 barrel gain the prior week. Finally, Refinery Utilization is estimated to rise +.44% versus a +1.3% gain prior.

Upcoming Splits 

• None of note
  

Other Potential Market Movers

• The Fed's Logan speaking, Fed's Williams speaking, weekly Fed balance sheet report, weekly EIA natural gas inventory report, (ELAN) annual meeting, (CAKE) annual meeting, (NTGR) annual meeting, (TRMB) annual meeting, (XYL) investor day, (RBLX) annual meeting, (IRM) annual meeting, (NET) investor day, American Society of Clinical Oncology Meeting, Goldman Sachs Semi Conference, Leerink Healthcare Crossroads Conference, Bernstein Strategic Decisions Conference, Stifel Jaws/Paws Conference and the TD Cowen Tech/Media/Telecom Conference could also impact global trading tomorrow.

US Equity Market Hours

• 9:30 am - 4:00 pm EST