October 19, 2021

Canada CPI Due Next Week

4 min read
Monday U.S. Economic Lookahead Empire State manufacturing index (May) NAHB home builders’ index (May) Featured...

Monday
U.S.

Economic Lookahead

Empire State manufacturing index (May)

NAHB home builders’ index (May)

Featured Earnings

Ryanair Holdings plc (NASDAQ:RYAAY) (Q4) EPS estimate for loss of $1.65, compared to a loss of $1.16 in the prior-year quarter.

Purple Innovation Inc. (NASDAQ:PRPL) (Q1) EPS estimate for 11 cents, identical to the prior-year quarter.

Hostess Brands Inc. (NASDAQ: TWNK) (Q1) EPS estimate for 20 cents, compared to 14 cents in the prior-year quarter.

Canada

Economic Lookahead

Canada’s International Transactions in Securities (Mar.) Canadian investors acquired $10.5 billion of foreign securities in February, continuing a trend of net purchases that began in May 2020. Meanwhile, foreign investment in Canadian securities reached $8.5 billion, led by strong acquisitions of Canadian shares.

Housing Starts (April) The trend in housing starts was 273,664 units in March 2021, up from 252,636 units in February 2021.

Featured Earnings

Galaxy Digital Holdings Ltd. (T.GLXY) (Q1) EPS estimate for $2.20, compared to $1.13 in the prior-year quarter.

Miravo Healthcare (T.MRV) (Q2) EPS estimate for loss of four cents, compared to a gain of 21 cents in the prior-year quarter.

Alcanna Inc. (T.CLIQ) (Q1) EPS estimate for loss of eight cents, compared to a gain of 23 cents in the prior-year quarter.

Tuesday

U.S.

Economic Lookahead

Building permits (April)

Housing starts (April)

Featured Earnings

Walmart (NYSE:WMT) (Q1) EPS estimate for $1.21 compared to $1.18 in the prior-year quarter.

Home Depot Inc. (NYSE: HD) (Q1) EPS estimate for $2.91, compared to $2.08 in the prior-year quarter.

NetEase Inc. (NASDAQ:NTES) (Q1) EPS estimate for 78 cents, compared to 77 cents in the prior-year quarter.

Canada

Featured Earnings

Clearwater Seafoods Incorporated (T.CLR) (Q1) EPS estimate for loss of four cents, compared to a gain of six cents in the prior-year quarter.

Storm Resources Ltd. (T.SRX) (Q1) EPS estimate for 11 cents, compared to 15 cents in the prior-year quarter.

Rubicon Organics Inc. (T.ROMJ) (Q1) EPS estimate for gain of three cents, compared to a loss of 11 cents in the prior-year quarter.

Wednesday

U.S.

Economic lookahead

Federal Open Market Committee Minutes

Featured Earnings

Cisco Systems (NASDAQ:CSCO) EPS estimate for 74 cents, compared 72 cents in the prior-year quarter.

Lowe’s Companies Inc. (NYSE:LOW) (Q1) EPS estimate for $2.52, compared to $1.77 in the prior-year quarter.

JD.com Inc. (JD) (Q1) EPS estimate for 32 cents, compared to 21 cents in the prior-year quarter.

Canada

Consumer Price Index (April) Inflation rose 2.2{e5fab30bc1af2ab9862fe5c16f5be581fd243b6ad78468b48e940aadfb2b849d} on a year-over-year basis in March, up from a 1.1{e5fab30bc1af2ab9862fe5c16f5be581fd243b6ad78468b48e940aadfb2b849d} gain in February. On a seasonally adjusted monthly basis, the CPI rose 0.1{e5fab30bc1af2ab9862fe5c16f5be581fd243b6ad78468b48e940aadfb2b849d} in March.

Featured Earnings

CAE Inc. (T.CAE) (Q4) EPS estimate for 19 cents, compared to 22 cents in the prior-year quarter.

Just Energy Group Inc. (T.JE) (Q4) EPS estimate for loss of $424, compared to loss of $1.09 in the prior-year quarter.

Tidewater Midstream and Infrastructure Ltd. (T.TWM) (Q2) EPS estimate for four cents, compared to two cents in the prior-year quarter.

Thursday

U.S.

Economic Lookahead

Initial Jobless Claims (as of May 15)

Philadelphia Fed manufacturing index (May)

Index of leading economic indicators (April)

Featured Earnings

Applied Materials, Inc. (NASDAQ: AMAT) (Q2) EPS estimate for $1.50, compared to 89 cents in the prior-year quarter.

Ross Stores Inc. (NASDAQ:ROST) (Q1) EPS estimate for a gain of 86 cents, compared to a loss of 29 cents in the prior-year quarter.

Palo Alto Networks Inc. (NYSE:PANW) (Q3) EPS estimate for loss of 72 cents, compared to a loss of 40 cents in the prior-year quarter.

Canada

New Housing Price (April) New home prices rose 1.1{e5fab30bc1af2ab9862fe5c16f5be581fd243b6ad78468b48e940aadfb2b849d} in March nationally, following one of the largest monthly increases on record in February.

Featured Earnings

ATS Automation Tooling Systems Inc. (T.ATA) (Q4) EPS estimate for 30 cents, identical to the prior-year quarter.

Heroux-Devtek Inc. (T.HRX) (Q4) EPS estimate for 24 cents, compared to 26 cents in the prior-year quarter.

SilverCrest Metals Inc. (T.SIL) (Q4) EPS estimate for loss of seven cents, compared to 11 cents in the prior-year quarter.

Friday

U.S.

Economic Lookahead

Markit manufacturing Purchasing Managers Index (flash) (May)

Markit services PMI (flash) (May)

Existing Home Sales (April)

Featured Earnings

Deere & Co. (NYSE:DE) (Q2) EPS estimate for $4.46, compared to $2.11 in the prior-year quarter.

V.F. Corporation (NYSE:VFC) (Q4) EPS estimate for 29 cents, compared to 10 cents in the prior-year quarter.

Booz Allen Hamilton Holding Corporation (NYSE: BAH) (Q4) EPS estimate for 83 cents, compared to 73 cents in the prior-year quarter.

Canada

Economic Lookahead

Retail Sales (March) Retail sales were up 4.8{e5fab30bc1af2ab9862fe5c16f5be581fd243b6ad78468b48e940aadfb2b849d} to $55.1 billion in February. Sales increased in nine of 11 sub-sectors, led by higher sales at motor vehicle and parts dealers and gasoline stations.

Featured Earnings

Computer Modelling Group Ltd. (T.CMG) (Q4) EPS estimate for seven cents, identical to the prior-year quarter.

Vitalhub Corp. (T.VHI) (Q1) EPS estimate for loss of one cent, compared to a loss of two cents in the prior-year quarter.

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