September 24, 2021

Trade Figures Due Next Week on Both Sides of Border

4 min read
Monday U.S. Economic Lookahead Consumer Credit (April) Featured Earnings Marvell Technology Inc. (NASDAQ:MRVL) (Q1) EPS...

Monday

U.S.

Economic Lookahead

Consumer Credit (April)

Featured Earnings

Marvell Technology Inc. (NASDAQ:MRVL) (Q1) EPS projected for 19 cents, compared to nine cents in the prior-year quarter.

Coupa Software Incorporated (NASDAQ:COUP) (Q1) EPS projected for loss of $1.01, compared to a loss of 14 cents in the prior-year quarter.

Vail Resorts, Inc. (NYSE: MTN) (Q3) EPS projected for $6.67, compared to $3.74 in the prior-year quarter.

Canada

Featured Earnings

Advantagewon Oil Corp. (C.AOC) (Q1) EPS projected for loss of seven cents, compared to a loss of one cent in the prior-year quarter.

Tuesday

U.S.

Economic Lookahead

Trade Deficit (April)

Job Openings (April)

Featured Earnings

GameStop Corporation (NYSE:GME) (Q1) EPS projected for loss of 56 cents, compared to a loss of $1.61 in the prior-year quarter.

Casey’s General Stores, Inc. (NASDAQ: CASY),(Q4) EPS projected for 67 cents, compared to $1.67 in the prior-year quarter.

Thor Industries (NYSE THO) (Q3) EPS projected for $2.36, compared to 43 cents in the prior-year quarter.

Canada

Economic Lookahead

International Transactions 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.

Canadian International Merchandise Trade (April) In March, Canada’s imports posted a significant increase of 5.5{e5fab30bc1af2ab9862fe5c16f5be581fd243b6ad78468b48e940aadfb2b849d}, while exports edged up 0.3{e5fab30bc1af2ab9862fe5c16f5be581fd243b6ad78468b48e940aadfb2b849d}. As a result, following two consecutive monthly trade surpluses, Canada’s merchandise trade balance returned to a deficit position, moving from a surplus of $1.4 billion in February to a deficit of $1.1 billion in March.

Featured Earnings

Drone Delivery Canada Corp. (V.FLT) (Q1) EPS projected for a loss of two cents, identical to the prior-year quarter.

Avivagen Inc. (V.VIV) (Q2) EPS projected for a loss of two cents, compared to a loss of three cents in the prior-year quarter.

Currency Exchange International Corp. (T.CXI) (Q3) EPS projected for a loss of eight cents, compared to a loss of 27 cents in the prior-year quarter.

Wednesday

U.S.

Economic Lookahead

Wholesale inventories (April)

Featured Earnings

Brown-Forman (NYSE BF.B) (Q4) EPS projected for 30 cents, compared to 27 cents in the prior-year quarter.

Campbell Soup (NYSE CPB) (Q3) EPS projected for 66 cents, compared to 83 cents in the prior-year quarter.

RH (NYSE: RH) (Q1) EPS projected for $4.14, compared to $1.27 in the prior-year quarter.

Canada

Economic Lookahead

Bank of Canada Rate Decision (June) Last month, the Bank of Canada again held its target for the overnight rate at the effective lower bound of 0.25{e5fab30bc1af2ab9862fe5c16f5be581fd243b6ad78468b48e940aadfb2b849d}, with the Bank Rate at 0.5{e5fab30bc1af2ab9862fe5c16f5be581fd243b6ad78468b48e940aadfb2b849d}and the deposit rate at 0.25{e5fab30bc1af2ab9862fe5c16f5be581fd243b6ad78468b48e940aadfb2b849d}

Featured Earnings

Dollarama Inc. (T.DOL) (Q1) EPS projected for 41 cents, compared to 56 cents in the prior-year quarter.

Neptune Wellness Solutions Inc. (T.NEPT) (Q4) EPS projected for loss of 12 cents, compared to loss of 59 cents in the prior-year quarter.

Transcontinental Inc. (T.TCL.A) (Q2) EPS projected for 45 cents, compared to 50 cents in the prior-year quarter.

Thursday

U.S.

Economic Lookahead

Consumer price index (May)

Federal Budget (May)

Initial Jobless Claims (as of June 5)

Featured Earnings

Adobe Inc. (NASDAQ:ADBE) (Q4) EPS projected for $2.35, compared to $2.08 in the prior-year quarter.

Chewy Inc. (NYSE:CHWY) (Q1) EPS projected for a gain of three cents, compared to a loss of 12 cents in the prior-year quarter.

Signet Jewelers Limited (NYSE:SIG) (Q1) EPS projected for a gain of $1.41, compared to a loss of $1.59 in the prior-year quarter.

Canada

Featured Earnings

Enghouse Systems Limited (T.ENGH) (Q2) EPS projected for 44 cents, compared to 37 cents in the prior-year quarter.

Transat A.T. Inc. (T.TRZ) (Q2) EPS projected for loss of $2.70, compared to a loss of $2.89 in the prior-year quarter.

Friday

U.S.

Economic Lookahead

Consumer sentiment index (preliminary) (June)

Featured Earnings

FuelCell Energy Inc. (NASDAQ:FCEL) (Q2) EPS projected for loss of five cents, compared to a loss of seven cents in the prior-year quarter.

Azure Power Global (NYSE: AZRE) (Q4) EPS projected for six cents, compared to five cents in the prior-year quarter.

Virco Manufacturing Corporation (NASDAQ:VIRC) (Q4) EPS projected for loss of 32 cents, compared to a loss of 30 cents in the prior-year quarter.

Canada

Featured Earnings

Roots Corporation (T.ROOT) (Q1) EPS projected for a loss of 12.5 cents, compared to a gain of 39 cents in the prior-year quarter.

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