August 1, 2021

Housing Figures, Manufacturing Figures Due Next Week

3 min read
Monday U.S. Featured Earnings NextDecade Corporation (NASDAQ: NEXT) (Q1) EPS projected for loss of seven...

Monday

U.S.

Featured Earnings

NextDecade Corporation (NASDAQ: NEXT) (Q1) EPS projected for loss of seven cents, compared to loss of two cents in the prior-year quarter.

Avenue Therapeutics Inc. (NASDAQ: ATXI) (Q1) EPS projected for loss of six cents, compared to the loss of eight cents in the prior-year quarter.

Canada

Economic Lookahead

Monthly Survey of Manufacturing (April) Manufacturing sales bounced back in March, rising 3.5% to $57.8 billion, following a 1.1% decline in February. Gains were widespread across all major industries.

Featured Earnings

GURU Organic Energy Corp. (T.GURU) (Q2) EPS projected for loss of eight cents, compared to a loss of two cents in the prior-year quarter.

HEXO Corp. (T.HEXO) (Q3) EPS projected for a loss of six cents, compared to a loss of 17 cents in the prior-year quarter.

Major Drilling Group International Inc. (T.MDI) (Q4) EPS projected for gain of nine cents, compared to a loss of two cents in the prior-year quarter.

Tuesday

U.S.

Economic Lookahead

Retail Sales (May)

Producer Price Index (May)

Industrial Production (May)

Business Inventories (May)

NAHB Home Builders Index (June)

Featured Earnings

Oracle Corporation (NYSE: ORCL) (Q4) EPS projected for $1.18 compared to $1.10 in the prior-year quarter.

H&R Block Inc. (NYSE:HRB) (Q4) EPS projected for $5.11, compared to $3.01 in the prior-year quarter.

La-Z-Boy Incorporated (NYSE:LZB) (Q4) EPS projected for 75 cents compared to 49 cents in the prior-year quarter.

Canada

Economic Lookahead

Housing Starts (May) The trend in housing starts was 279,055 units in April 2021, up from 272,164 units in March 2021, according to Canada Mortgage and Housing Corporation.

Featured Earnings

Helix BioPharma Corp. (T.HBP) (Q3) EPS projected for a loss of two cents, identical to the prior-year quarter.

Wednesday

U.S.

Economic Lookahead

Building permits (May)

Housing Starts (May)

Federal Reserve Announcement

Featured Earnings

Lennar Corporation (NYSE:LEN) (Q2) EPS projected for $2.34, compared to $1.50 in the prior-year quarter.

Canada

Economic Lookahead

Wholesale Trade (April) Sales by Canadian wholesalers rose 2.8% in March, the second increase in three months.

Consumer Price Index (May) CPI rose 3.4% on a year-over-year basis in April, up from a 2.2% gain in March. On a seasonally-adjusted monthly basis, the CPI rose 0.6% in April.

International Trade in Securities (April) Canadian investment in foreign securities totaled $21.2 billion in March, mainly from purchases of U.S. shares. Meanwhile, foreign investment in Canadian securities was $3.2 billion, mostly in acquisitions of Canadian shares.

Featured Earnings

Andrew Peller Limited Shares (T.ADW.A) (Q4) EPS projected for three cents, compared to 19 cents in the prior-year quarter.

Voti Detection Inc. (V.VOTI) (Q2) EPS projected for loss of three cents, compared to a loss of four cents in the prior-year quarter.

Thursday

U.S.

Economic Lookahead

Initial Jobless Claims (as of June 12)

Leading Economic Indicators (May)

Featured Earnings

Kroger Company (NYSE:KR) (Q1) EPS projected for 99 cents compared to $1.22 in the prior-year quarter.

Jabil Inc. (NYSE:JBL) (Q3) EPS projected for a gain of 85 cents, compared to a loss of 34 cents in the prior-year quarter.

Commercial Metals Company (NYSE:CMC) (Q3) EPS projected for 77 cents, compared to nine cents in the prior-year quarter.

Smith & Wesson Brands Inc. (NASDAQ:SWBI) (Q4) EPS projected for $1.07, compared to 57 cents in the prior-year quarter.

Canada

Economic Lookahead

CREA Stats (May) National home sales declined by 12.5% on a month-over-month basis in April, according to the Canadian Real Estate Association. Home sales were up by 256% on a year-over-year basis in April and the average price of those sales was up 42%.

Featured Earnings

Evertz Technologies Limited (T.ET) (Q4) EPS projected for 19 cents compared to 20 cents in the prior-year quarter.

Friday

Canada

Economic Lookahead

New Housing Price Index (May) New home prices increased 1.9% in April at the national level, with prices up in 22 of the 27 census metropolitan areas surveyed.

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