A handful of income is expected today
Investors will be processing a barrage of economic data this week, including retail sales, the import price index, another round of jobless claims and a range of residential property information. All eyes will be on the Federal Reserve’s latest rate decision on Wednesday. Federal Reserve Chairman Jerome Powell will address this afternoon. The earnings calendar is now relatively bleak, although some big names remain to be reported including NKE, CRWD, DG, FDX, MOMO, SIG, TIF, and WB.
Today the Empire State Manufacturing Index is due.
The following companies are expected to release quarterly earnings reports today, March 15th:
Desktop Metal Inc. (NYSE: DM – $ 20.44) produces and sells additive manufacturing solutions for engineers, designers and manufacturers. Desktop Metal will announce its fourth quarter 2020 results today before the bell.
HealthEquity Inc. (NASDAQ: HQY – $ 79.17) offers a range of solutions for managing health accounts. HealthEquity will report its fourth quarter 2020 results after the market closes today.
KE Holdings Inc. (NYSE: BEKE – $ 58.96) operates an integrated online and offline platform for transactions and services in residential construction. KE Holdings will announce its fourth quarter 2020 results after the market closes today.
Vuzix Corp. (NASDAQ: VUZI – $ 22.12) is a provider of smart glasses and augmented reality technologies and products. Vuzix will announce its fourth quarter 2020 results after the market closes today.
Here’s a quick look back at how Friday’s earnings report for Buckle (BKE) fared compared to Wall Street expectations:
The Buckle Inc. (NYSE: BKE – $ 40.67) works as a retailer of casual clothing, shoes and accessories for young men and women. Earnings per share rose 38.54% year over year to $ 1.33, beating the estimate of $ 1.26. Revenue increased 17.65% year over year to $ 318,835,000, beating the estimate of $ 318,800,000.
Looking ahead to tomorrow’s trading session will go into full effect as traders analyze key retail sales, import and export price indices, industrial production data, company inventories, and the National Association of Home Builders index.
All economic data listed here are preliminary and subject to change.