October 6, 2022

DS Duke

Global Business In World

Opening to ’22 Features Job Figures Friday

2 min read
Monday U.S. Economic Lookahead Markit manufacturing Purchasing Managers Index (Dec) Featured Earnings Jefferies Financial Group...

Monday

U.S.

Economic Lookahead

Markit manufacturing Purchasing Managers Index (Dec)

Featured Earnings

Jefferies Financial Group Inc. (NYSE:JEF) (Q4) EPS projects for $1.40 compared to $1.11 in the prior-year quarter.

Edesa Biotech Inc (NASDAQ:EDSA) (Q4) EPS projects for loss of 37 cents, compared to loss of 22 cents in the prior-year quarter.

Kiromic BioPharma (NASDAQ:KRBP) (Q3) EPS projects for loss of 26 cents, compared to loss of 65 cents in the prior-year quarter.

Tuesday

U.S.

Economic Lookahead

Institute for Supply Management manufacturing index (Dec.)

Job openings (Nov.)

Featured Earnings

MillerKnoll Inc. (NASDAQ:MLKN) (Q2) EPS projects for 28 cents, compared to 25 cents in the prior-year quarter.

SMART Global Holdings Inc. (NASDAQ: SGH) (Q1) EPS projects for $1.74, compared to 34 cents in the prior-year quarter.

Canada

Economic Lookahead

Industrial Product Price Index (Nov.) The index increased 1.3% month over month in October and 16.7% year over year.

Raw Materials Price Index (Nov.) The index was up 4.8% on a monthly basis in October and 38.4% year over year.

Markit Canada Manufacturing Purchasing Managers Index (Dec.) The PMI registered at 57.2 in November, down slightly from 57.7 in October.

Featured Earnings

1933 Industries Inc (CNX: TGIF) (Q4) EPS projects for loss of one cent, identical to the prior-year quarter.

Wednesday

U.S.

Economic Lookahead

ADP employment report (Dec.)

Markit Services Purchasing Managers Index (Dec.)

FOMC minutes

Featured Earnings

RPM International Inc. (NYSE:RPM) (Q2) EPS projects for 86 cents, compared to $1.06 in the prior-year quarter.

The Simply Good Foods Company (NASDAQ:SMPL) (Q1) EPS projects for 35 cents, compared to 29 cents in the prior-year quarter.

UniFirst Corporation (NYSE:UNF) (Q1) EPS projects for $2.15, compared to $2.20 in the prior-year quarter.

Canada

Economic Lookahead

Building permits (Nov.) The total value of building permits increased 1.3% to $10.3 billion in October, led by gains in British Columbia (+15.0%) and Ontario (+4.5%).

New Housing Price Index (Dec.) Canadian home prices continue to rise in November 2021 with the average home price now at $720,850. That’s a 19.6% year-over-year increase from November 2020.

Thursday

U.S.

Economic Lookahead

Initial Jobless Claims (to Jan. 1)

Trade deficit (Nov.)

ISM Services index (Nov.)

Featured Earnings

Constellation Brands Inc. (NYSE:STZ) (Q3) EPS projects for $2.82, compared to $3.09 in the prior-year quarter.

Walgreens Boots Alliance Inc. (NASDAQ:WBA) (Q1) EPS projects for $1.22, identical to the prior-year quarter.

Conagra Brands, Inc. (NYSE: CAG) (Q2) EPS projects for 68 cents, compared to 81 cents in the prior-year quarter.

Canada

Economic Lookahead

Canadian international merchandise trade (Nov.) Canada’s merchandise trade surplus widened from $1.4 billion in September to $2.1 billion in October, the largest surplus so far in 2021.

Friday

U.S.

Economic Lookahead

Non-farm payrolls (Dec.)

Consumer Credit (Nov.)

Featured Earnings

Acuity Brands, Inc. (NYSE: AYI) (Q1) EPS projects for $2.21, compared to $1.87 in the prior-year quarter.

Canada

Economic Lookahead

Labour Force Survey (Dec.) Employment rose by 154,000 (+0.8%) in November and was 186,000 (+1.0%) higher than its pre-COVID February 2020 level.

IVEY Purchasing Managers Index (Dec.) The PMI jumped to 61.2 in November, up from 59.3 in October, and much higher than the 52.7 figure posted in November 2020.

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