May 18, 2022

DS Duke

Global Business In World

Housing Stats Due Next Week, on Both Sides of Border

3 min read
Monday U.S. Featured Earnings RCI Hospitality Holdings Inc. (NASDAQ:RICK) (Q3) EPS projected at 67 cents,...

Monday

U.S.

Featured Earnings

RCI Hospitality Holdings Inc. (NASDAQ:RICK) (Q3) EPS projected at 67 cents, compared to 15 cents in the prior-year quarter

J.Jill, Inc. (NYSE:JILL) (Q3) EPS projected for gain of 34 cents, compared to a loss of $1.31 in the prior-year quarter

PHX Minerals Inc. (NYSE:PHX) (Q4) EPS projected at seven cents compared to two cents in the prior-year quarter

Tuesday

U.S.

Economic Lookahead

NFIB small-business index (Nov.)

Producer Price Index (Nov.)

Featured Earnings

Brown Forman Inc Class B (NYSE:BF.B) (Q2) EPS projected at 54 cents, compared to 51 cents in the prior-year quarter

Aspen Group Inc. (NASDAQ:ASPU) (Q2) EPS projected for loss of six cents, compared to a loss of 13 cents in the prior-year quarter

Canada

Featured Earnings

Roots Corporation (T.ROOT) (Q3) EPS projected for gain of 19 cents, compared to loss of one cent in the prior-year quarter.

Wednesday

U.S.

Economic Lookahead

Retail Sales (Nov.)

Import Price Index (Nov.)

NAHB home builders’ index (Dec.)

Business Inventories (Oct.)

Federal Reserve Announcement

Featured Earnings

Lennar Corporation (NYSE:LEN) (Q4) EPS projected at $4.14, compared to $2.82 in the prior-year quarter

HEICO Corporation (NYSE:HEI) (Q4) EPS projected at $20.65, compared to $18.61 in the prior-year quarter

Nordson Corporation (NASDAQ:NDSN) (Q4) EPS projected at $2.10, compared to $1.59 in the prior-year quarter

Canada

Economic Lookahead

Monthly Survey of Manufacturing (Oct.) Manufacturing sales fell 3.0% in September, mainly attributable to lower sales in the motor vehicle industry.

Consumer Price Index (Nov.) CPI rose 4.7% on a year-over-year basis in October, up from a 4.4% increase in September. On a seasonally adjusted monthly basis, the CPI rose 0.5% in October.

CREA Stats – MLS Sales (Nov.) National home sales rose 8.6% on a month-over-month basis in October, according to the Canadian Real Estate Association.

Housing Starts (Nov.) The trend in housing starts was 264,264 units in October, down from 270,661 units in September, according to Canada Mortgage and Housing Corporation

Featured Earnings

Mainstreet Equity Corp. (T.MEQ) (Q4) EPS projected at $1.25, compared to $19.37 in the prior-year quarter

Thursday

U.S.

Economic Lookahead

Initial Jobless Claims (to Dec. 11)

Building Permits (Nov.)

Housing Starts (Nov.)

Industrial Production Index (Nov.)

Capacity Utiliization (Nov.)

Featured Earnings

Adobe Inc. (NASDAQ:ADBE) (Q4) EPS projected at $20.65, compared to $18.61 in the prior-year quarter

Accenture PLC (NYSE:CAN) (Q1) EPS projected at $2.62, compared to $2.17 in the prior-year quarter

FedEx Corporation (NYSE:FDX) (Q2) EPS projected at $4.20, compared to $4.83 in the prior-year quarter

Canada

Economic Lookahead

Wholesale Trade (Oct.) Wholesale sales grew 1.0% in September, generated by higher sales of agricultural supplies (part of the miscellaneous sub-sector) and machinery, equipment and supplies.

Featured Earnings

Enghouse Systems Limited (T.ENGH) (Q4) EPS projected at 46 cents compared to 38 cents in the prior-year quarter

Fiore Gold Corp. (T.F) (Q1) EPS projected at four cents, compared to five cents in the prior-year quarter.

Friday

U.S.

Featured Earnings

Darden Restaurants, Inc., (NYSE:DRI) (Q2) EPS projected at $1.43, compared to 74 cents in the prior-year quarter

Winnebago Industries, Inc. (NYSE: WGO) (Q1) EPS projected at $2.29, compared to $1.69 in the prior-year quarter

Apogee Enterprises, Inc. (NASDAQ: APOG) (Q3) EPS projected at 53 cents, compared to 90 cents in the prior-year quarter

Canada

International Transactions in Securities (Oct.) Foreign investment in Canadian securities totaled $20.0 billion in September, led by acquisitions of Canadian corporate debt securities. Meanwhile, Canadian investment in foreign securities reached $17.2 billion, mainly purchases of U.S. shares.

Featured Earnings

Microbix Biosystems Inc. (T.MBX) (Q1) EPS projected at one cent, identical to the prior-year quarter. The SNN Network Canada Virtual Event will take place on December 7-9, where 70 SmallCap, MicroCap and NanoCap public and private companies – including Microbix — will be presenting via virtual webcast to a global investor audience.

Premier Health of America Inc. (T.PHA) (Q4) EPS projected at one cent, identical to the prior-year quarter.

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