July 2, 2022

DS Duke

Global Business In World

Housing Figures on Horizon Next Week on Both Sides of Border

3 min read
Monday U.S. Economic Lookahead NAHB home builders’ index (July) Featured Earnings International Business Machines Corporation...

Monday

U.S.

Economic Lookahead

NAHB home builders’ index (July)

Featured Earnings

International Business Machines Corporation (NYSE:IBM) (Q2) EPS projected for $2.25, compared to $2.18 in the prior-year quarter. 

Prologis, Inc. (NYSE: PLD) (Q2) EPS projected for 99 cents, compared to $1.11 in the prior-year quarter.

PPG (NYSE:PPG) (Q2) EPS projected for $2.19, compared to 99 cents in the prior-year quarter.

Tuesday

U.S.

Economic Lookahead

Building Permits (June)

Housing Starts (June)

Featured Earnings

Netflix (NASDAQ:NFLX) (Q2) EPS projected for $3.16, compared to $1.59 in the prior-year quarter.

Philip Morris International Inc. (NYSE: PM) (Q2) EPS projected for $1.54, compared to $1.29 in the prior-year quarter.

Intuitive Surgical Inc. (NASDAQ:ISRG) (Q2) EPS projected for $2.75, compared to 57 cents in the prior-year quarter.

Canada

New Housing Price Index (May) New home prices increased 1.4{e5fab30bc1af2ab9862fe5c16f5be581fd243b6ad78468b48e940aadfb2b849d} in May nationally, with prices up in 19 of the 27 census metropolitan areas surveyed.

Featured Earnings

Canadian National Railway Company (T.CNR) (Q2) EPS projected for $1.52, compared to $1.23 in the prior-year quarter.

The Valens Company Inc. (T.VLNS) (Q1) EPS projected for loss of four cents, compared to a loss of five cents in the prior-year quarter.

Wednesday

U.S.

Featured Earnings

Johnson & Johnson (NYSE:JNJ) (Q2) EPS projected for $2.28, compared to $1.67 in the prior-year quarter.

ASML Holding N.V. (NASDAQ:ASML) (Q2) EPS projected for $2.89, compared to $1.97 in the prior-year quarter.

Coca-Cola Company (NYSE: KO) (Q2) EPS projected for 55 cents, compared to 42 cents in the prior-year quarter.

Canada

Featured Earnings

Mullen Group Ltd. (T.MTL) (Q2) EPS projected for 17 cents, compared to 13 cents in the prior-year quarter.

Rogers Communications Inc. (T.RCI.B) (Q2) EPS projected for 77 cents, compared to 78 cents in the prior-year quarter.

Tanzanian Gold Corporation (T.TNX) (Q3) EPS projected for loss of one cent, compared to breakeven in the prior-year quarter.

Thursday

U.S.

Economic Lookahead

Jobless Claims (to July 17)

Existing Home Sales (June)

Index of Leading Economic Indicators (June)

Featured Earnings

Intel Corporation (NASDAQ:INTC) (Q2) EPS projected for $1.06, compared to $1.23 in the prior-year quarter.

Abbott Laboratories (NYSE:ABT) (Q2) EPS projected for $1.01, compared to 57 cents in the prior-year quarter.

AT&T Inc. (NYSE:T) (Q2) EPS projected for 78 cents, compared to 83 cents in the prior-year quarter.

Canada

Featured Earnings

Aecon Group Inc. (T.ARE) (Q2) EPS projected for gain of 16 cents, compared to loss of 31 cents in the prior-year quarter.

Atrium Mortgage Investment Corporation (T.AI) (Q2) EPS projected for 25 cents, compared to 23 cents in the prior-year quarter.

Mainstreet Equity Corp. (T.MEQ) (Q3) EPS projected for 93 cents, compared to $1.02 in the prior-year quarter.

Newmont Corporation (T.NGT) (Q2) EPS projected for 99 cents, compared to 91 cents in the prior-year quarter.

West Fraser Timber Co. Ltd. (T.WFG) (Q2) EPS projected for $10.45, compared to $6.96 in the prior-year quarter.

Winpak Ltd. (T.WPK) (Q2) EPS projected for 37 cents, compared to 38 cents in the prior-year quarter.

Friday

U.S.

Economic Lookahead

Markit manufacturing Purchasing Managers Index (flash) (July)

Markit services PMI (flash) (July)

Featured Earnings

Honeywell International (NASDAQ: HON) (Q2) EPS projected for $1.93, compared to $1.26 in the prior-year quarter.

NextEra Energy Inc. (NYSE: NEE) (Q2) EPS projected for 68 cents, compared to 65 cents in the prior-year quarter.

American Express Company (NYSE:AXP) (Q2) EPS projected for $1.60, compared to 29 cents in the prior-year quarter.

Canada

Economic Lookahead

Retail Trade (May) Retail sales were down 5.7{e5fab30bc1af2ab9862fe5c16f5be581fd243b6ad78468b48e940aadfb2b849d} to $54.8 billion in April.

Featured Earnings

Akita Drilling Ltd. (T.AKT.A) (Q2) EPS projected for 15 cents, compared to a loss of nine cents in the prior-year quarter.

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