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Expected earnings from FedEx and Darden restaurants

today the usual data on initial and long-term unemployment claims as well as durable goods orders and revised GDP are due.

The following companies will publish their quarterly results today, June 24th:

Accenture plc (NYSE: ACN – $ 285.70) offers strategy and consulting, interactive, technology and operational services worldwide. Accenture will announce third quarter 2021 results today before the bell.

Darden Restaurants Inc. (NYSE: DRI – $ 135.45) owns and operates full service restaurants in the United States and Canada. Darden Restaurants will announce its fourth quarter 2021 results today before the bell.

GMS Inc. (NYSE: GMS – $ 43.00) sells wallboards, suspended ceiling systems and ancillary construction products in the United States and Canada. GMS will announce the fourth quarter 2021 results today before the bell.

Method Electronics Inc. (NYSE: MEI – $ 47.57) develops, manufactures and markets component and subsystem devices worldwide. Method Electronics will announce its fourth quarter 2021 results before the bell today.

Rite Aid Corp. (NYSE: RAD – $ 20.42) runs a drugstore chain in the USA. Rite Aid will announce its first quarter 2021 results before the bell today.

BlackBerry Ltd. (NYSE: BB – $ 13.14) provides intelligent security software and services to businesses and governments around the world. BlackBerry will announce its results for the first quarter of 2021 after the market closes.

CalAmp Corp. (NASDAQ: CAMP – $ 13.76) offers telematics systems as well as software and subscription services. CalAmp will announce its Q1 results of 2022 after the market closes today.

FedEx Corp. (NYSE: FDX – $ 297.37) designs, develops, markets and sells athletic shoes, clothing, equipment and accessories worldwide. FedEx will announce its fourth quarter 2021 results after the market closes today.

Progress Software Corp. (NASDAQ: PRGS – $ 45.53) develops business applications. Progress Software will announce the results for the second quarter of 2021 after the market closes.

Synnex Corp. (NYSE: SNX – $ 118.92) offers business process services in the US and internationally. Synnex will announce its results for the second quarter of 2021 after the market closes.

Now let’s take a look at how yesterday’s earnings announcements compare to expectations:

IHS Markit Ltd. (NYSE: INFO – $ 111.71) provides critical information, analysis and solutions for various industries and markets around the world. IHS Markit reported earnings per share (EPS) for the quarter of $ 0.81, beating analysts’ consensus estimate of $ 0.80 by $ 0.01. The company earned $ 1.18 billion in the quarter, compared to analyst expectations of $ 1.14 billion.

Patterson Companies Inc. (NASDAQ: PDCO – $ 35.12) provides security analysis software to governments and businesses worldwide. The Patterson Companies reported earnings per share of $ 0.38 for the quarter, missing analysts’ consensus estimates of $ 0.52 by $ 0.14. The company earned $ 1.56 billion for the quarter, compared to the consensus estimate of $ 1.52 billion.

Winnebago Inc. (NYSE: WGO – $ 66.54) provides security analysis software to governments and businesses worldwide. Winnebago reported $ 2.16 EPS for the quarter, beating analysts’ consensus estimates of $ 1.77 by $ 0.39. The company earned $ 960.70 million for the quarter, compared to the consensus estimate of $ 836.82 million.

HB Fuller Co. (NYSE: FUL – $ 66.54) formulates, produces and markets adhesives, sealants, coatings, polymers, adhesive tapes, potting compounds, additives and other specialty chemical products worldwide. HB Fuller reported earnings per share (EPS) for the quarter of $ 0.94, beating analysts’ consensus estimate of $ 0.92 by $ 0.02. The company earned $ 827.87 million for the quarter, compared to the consensus estimate of $ 764.37 million.

KB Home (NYSE: KBH – $ 43.23) operates as a residential construction company in the USA. KB Home reported earnings per share (EPS) for the quarter of $ 1.50, beating the consensus estimate of $ 1.31 by $ 0.19. The company earned $ 1.44 billion in the quarter, compared to analysts’ expectations of $ 1.48 billion.

Steelcase Inc. (NYSE: SCS – $ 14.47) manufactures and sells integrated furniture, user-centered technologies and interior design products. Steelcase reported ($ 0.24) EPS for the quarter, beating consensus estimate of ($ 0.30) by $ 0.06. The company posted revenue of $ 556.60 million for the quarter, compared to analyst expectations of $ 556.30 million.

Looking ahead to tomorrow, Friday will contain data on personal income, consumer spending, and consumer sentiment. All economic data presented here are preliminary and subject to change.

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