Wednesday, September 04, 2024

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

Earnings of Note 
Company/Estimate 

Before the Open:
  • (GIII)/.27
  • (KFY)/1.12
  • (SCVL)/.81
  • (TTC)/1.23
After the Close: 
  • (AVGO)/1.21
  • (DOCU)/.81
  • (GWRE)/.54
  • (SWBI)/-.02
  • (ZUMZ)/-.33
  • (RH)/1.62
Economic Releases

7:30 am EST

  • Challenger Job Cuts YoY for Aug.

8:15 am EST

  • The ADP Employment Change for Aug. is estimated to rise to 145K versus 122K in July.

8:30 am EST

  • Final Non-Farm Productivity/Unit Labor Cost reading for 2Q.
  • Initial Jobless Claims for last week is estimated to fall to 230K versus 231K the prior week.
  • Continuing Claims is estimated to fall to 1867K versus 1868K prior.
  • Final S&P Global PMI readings for Aug.

10:00 am EST

  • The ISM Services Index for Aug. is estimated to fall to 51.3 versus 51.4 in July.
  • ISM Services Prices Paid for Aug. is estimated to fall to 56.0 versus 57.0 in July.

Upcoming Splits

  • None of note
Other Potential Market Movers
  • The weekly Fed Balance Sheet report, weekly EIA natural gas inventory report, Wells Fargo Healthcare Conference, Morgan Stanley Healthcare Conference, Barclays Consumer Staples Conference and the (DHR) analyst meeting could also impact global trading tomorrow.
US Equity Market Hours
  • 9:30 am - 4:00 pm EST

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