The Week Ahead of Earnings

123jump.com Staff
30 Nov, -0001
New York City

Home Builders, retailers and Select tech stocks will be watched this week for their earnings performance. Retailers are scheduled to dominate the calendar. The economic indicators on Tuesday and Wednesday will also impact market's trading.

Following U.S. economic data are scheduled in the coming week.

The housing starts (April 1.98 million) and building permits (2.043 million) are scheduled to be released on Tuesday.

PPI (0.4% and 0.2 for core index) is scheduled to be released on Tuesday and CPI (0.4% and 0.2% core index) is scheduled on Wednesday.

On Friday Leading Economic Indicator (decline of 0.2%) and Philadelphia Fed Index (decline to 19.0 from 25.3) is scheduled to be released.

Following large cap companies are expected to report this week.

Monday

Loews is scheduled to report 1Q profit of 76 cents vs. 57 cents a year ago.

In addition, Limited Brands, HSBC Holdings, and PanAmSat Holdings, Books-A-Million, Valspar and Telefonica are companies scheduled to release their earnings.


Tuesday

Home Depot is expected to report 1Q profit of 55 cents vs. 52 cents a year ago. J.C. Penney is expected to report 61 cents vs. 38 cents a year ago and Staples is expected to report 20 cents vs. 17 cents a year ago.

Applied Materials is expected to report 2Q 17 cents vs. 22 cents a year ago, Hewlett Packard is expected to report 2Q 36 cents vs. 34 cents a year ago.

Big Lot, Zales Corp, Saks, Barnes & Noble, Nordstrom, Abercrombie & Fitch and Wilsons The Leather Experts are expected to release their earnings.

Wednesday

Borders Group, Panera Bread, Catalina Marketing, Hancock Fabric, Eaton Vance, Talbot, Given Imaging, PetsMart, Mentor, Men’s Wearhouse, Synopsys, BEA Systems, Too inc. Hot Topic, and Intuit are expected to release earnings.


Thursday

Chinadotcom, Vivendi, Claire’s Children’s Place, Stein Mart, Payless ShoeSource, The Bombay Company, Brocade, and Autodesk are scheduled to report earnings.

Gap is scheduled to report 30 cents vs. 34 cents a year ago.

Friday

Charming Shoppes and Hibbet Sporting Goods are scheduled to release earnings.