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Expected results from JP Morgan Chase, Wells Fargo, Goldman Sachs and First Republic Bank

Today brings you the Import Price Index and the Federal Reserve’s latest Beige Book report.

The following companies are expected to release a quarterly report today, April 14th:

Bed Bath & Beyond Inc. (NASDAQ: BBBY – $ 27.93) operates retail stores and sells housewares and furnishings. Bed Bath & Beyond will announce its 2020 Q41 results before the bell today.

First Republic Bank (NYSE: FRC – $ 169.93) offers private banking, private business banking and private wealth management services. First Republic Bank will announce its results for the first quarter of 2021 today before the bell.

Goldman Sachs Group Inc. (NYSE: GS – $ 327.68) deals with global investment banking, securities and investment management. Goldman Sachs will announce its results for the first quarter of 2021 today before the bell.

JPMorgan Chase & Co. (NYSE: JPM – $ 154.09) offers financial and investment banking services. JPMorgan Chase will announce its fourth quarter 2020 results today before the bell.

The Lovesac Co. (NASDAQ: LOVE – $ 65.74) is a technology-driven omni-channel company. Lovesac will announce its fourth quarter 2020 results today before the bell.

Wells Fargo & Co. (NYSE: WFC – $ 39.79) offers banking, investment, mortgage, and consumer and trade finance products and services. Wells Fargo will announce its results for the first quarter of 2021 today before the bell.

Shaw Communications Inc. (NYSE: SJR – $ 26.87) works as a connectivity company in North America. Shaw will post his 2021 Q2 profit today after today’s close.

Here’s a quick rundown of what yesterday’s earnings reports looked like:

Fastenal Co. (NASDAQ: FAST – $ 50.71) is active in the wholesale of industrial and building materials. Fastenal reported earnings of $ 0.37 per share for the quarter, up against the consensus estimate of $ 0.37. The company earned $ 1.42 billion in the quarter, compared to analyst estimates of $ 1.43 billion. Quarterly sales rose by 3.7% compared to the same quarter of the previous year.

Washington Federal Inc. (NASDAQ: WAFD – $ 31.43) acts as the bank holding company for the Washington Federal Bank, National Association. Federal Washing reported earnings per share of $ 0.51 for the quarter, beating analysts’ consensus estimate of $ 0.42 by $ 0.09. The company had revenue of $ 134.38 million for the quarter, compared to analyst estimates of $ 127.60 million.

Looking ahead to tomorrow, the market will be flooded with economic data. Key indicators include the most recent round of weekly jobless claims, the Empire State Manufacturing Index, and the Philadelphia Fed Manufacturing Index. Data on retail sales, industrial production, capacity utilization and company inventories are also available. The NAHB (National Association of Home Builders) index is also published.

All economic data listed here are preliminary and subject to change.

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