Bank Earnings to Draw Spotlight in Canada
4 min readMonday
U.S.
Economic Lookahead
Markit Manufacturing Purchasing Managers Index (flash) (Aug.)
Markit Services PMI (Aug)
Existing Home Sales (July)
Featured Earnings
JD.com, Inc. (NASDAQ: JD) (Q2) EPS projected for 32 cents, compared to 44 cents in the prior-year quarter.
Palo Alto Networks Inc. (NYSE: PANW) (Q4) EPS projected for loss of 63 cents, compared to loss of 13 cents in the prior-year quarter.
Madison Square Garden Entertainment Corp. (NYSE:MSGE) (Q4) EPS projected for loss of $3.06, compared to loss of $2.52 in the prior-year quarter.
Canada
Featured Earnings
Dominion Lending Centres Inc. (T.DLCG) (Q2) EPS projected for four cents, compared to three cents in the prior-year quarter.
Dye & Durham Limited (T.DND) (Q4) EPS projected for a gain of 24 cents, compared to a loss of 16 cents in the prior-year quarter.
Think Research Corporation (T.THNK) (Q2) EPS projected for a loss of seven cents, compared to a loss of 12 cents in the prior-year quarter.
Tuesday
U.S.
Economic Lookahead
New home sale (July)
Featured Earnings
Medtronic plc. (NYSE:MDT) (Q1) EPS projected for $1.31, compared to 62 cents in the prior-year quarter.
Intuit Inc. (NASDAQ:INTU) (Q4) EPS projected for 91 cents, compared to $1.46 in the prior-year quarter.
Best Buy Inc. (NYSE:BBY) (Q2) EPS projected for $1.91, compared to $1.71 in the prior-year quarter.
Canada
Featured Earnings
Bank of Montreal (T.BMO) (Q3) EPS projected for $2.89, compared to $3.13 in the prior-year quarter.
Bank of Nova Scotia (T.BNS) (Q3) EPS projected for $1.94, compared to $1.90 in the prior-year quarter.
Bear Creek Mining Corporation (T.BCM) (Q2) EPS projected for loss of two cents, compared to a loss of three cents in the prior-year quarter.
Wednesday
U.S.
Economic Lookahead
Durable goods orders (July)
Featured Earnings
Salesforce (NYSE:CRM) (Q2) EPS projected for 39 cents compared to 94 cents in the prior-year quarter.
Autodesk, Inc. (NASDAQ: ADSK) (Q2) EPS projected for 56 cents, compared to 59 cents in the prior-year quarter.
Splunk Inc. (NASDAQ:SPLK) (Q2) EPS projected for loss of $1.60, compared to $1.34 in the prior-year quarter.
Canada
Featured Earnings
Royal Bank of Canada (T.RY) (Q3) EPS projected for $2.70, compared to $2.76 in the prior-year quarter.
National Bank of Canada (T.NA) (Q3) EPS projected for $2.12, compared to $2.25 in the prior-year quarter.
Quipt Home Medical Corp. (T.QIPT) (Q3) EPS projected for six cents, compared to four cents in the prior-year quarter.
Thursday
U.S.
Economic Lookahead
Jobless Claims (to August 21)
Gross Domestic Product revision (Q2)
Featured Earnings
Dell Technologies (NYSE: DELL) (Q2) EPS projected for $2.04, compared to $1.92 in the prior-year quarter.
VMware, Inc. (NYSE: VMW) (NYSE:VMW) (Q2) EPS projected for $1.03, compared to $1.23 in the prior-year quarter.
Dollar General Corporation (NYSE: DG) (Q2) EPS projected for $2.57, compared to $3.12 in the prior-year quarter.
Canada
Economic Lookahead
Payroll Employment, Earnings and Hours: (June) Payroll employment fell by 257,500 (-1.6{1cd7dfeabecd92a256507009bf608c3bde4df96f09e82f3bc2c9d67cc3d41389}) in May, with much of the decline concentrated in service industries in Ontario.
Featured Earnings
Canadian Imperial Bank Of Commerce (T.CM) (Q3) EPS projected for $3.41, compared to $3.59 in the prior-year quarter.
Toronto-Dominion Bank (T.TD) (Q2) EPS projected for $1.90, compared to $2.04 in the prior-year quarter.
Pivotree Inc. (T.PVT) (Q2) EPS projected for loss of 12 cents, compared to a loss of nine cents in the prior-year quarter.
Friday
U.S.
Economic Lookahead
Personal income (July)
Consumer Spending (July)
Trade in goods, advance (July)
UMich consumer sentiment index (final) (Aug.)
Featured Earnings
Legend Biotech Corp (NASDAQ:LEGN) (Q2) EPS projected for loss of 31 cents, compared to loss of 26 cents in the prior-year quarter.
Big Lots Inc. (NYSE:BIG) (Q2) EPS projected for $1.14, compared to $2.75 in the prior-year quarter.
Hibbett, Inc. (NASDAQ: HIBB) (Q2) EPS projected for $1.24, compared to $2.95 in the prior-year quarter.
Canada
Economic Lookahead
Industrial Product Price Index (July) The Index was unchanged month over month in June and up 16.8{1cd7dfeabecd92a256507009bf608c3bde4df96f09e82f3bc2c9d67cc3d41389} compared with June 2020.
Raw Materials Price Index (July) The Index increased 3.9{1cd7dfeabecd92a256507009bf608c3bde4df96f09e82f3bc2c9d67cc3d41389} on a monthly basis in June and 38.1{1cd7dfeabecd92a256507009bf608c3bde4df96f09e82f3bc2c9d67cc3d41389} year over year.
Featured Earnings
Canadian Western Bank (T.CWB) (Q3) EPS projected for 89 cents, compared to 84 cents in the prior-year quarter.
Drone Delivery Canada Corp. (T.FLT) (Q2) EPS projected for loss of two cents, identical to the prior-year quarter.
Harborside Inc. (C: HBOR) (Q2) EPS projected for a gain of one cent, compared to a loss of seven cents in the prior-year quarter.