Week Shortened in U.S. by Memorial Day
3 min read
Monday
U.S.
U.S. markets are shuttered for Memorial Day
Canada
Economic Lookahead
Industrial Product Price Index (April) In March, the Industrial Product Price Index increased 1.6{e5fab30bc1af2ab9862fe5c16f5be581fd243b6ad78468b48e940aadfb2b849d} month over month and 10.0{e5fab30bc1af2ab9862fe5c16f5be581fd243b6ad78468b48e940aadfb2b849d} year over year
Raw Materials Price Index (April) The Raw Materials Price Index was up 2.3{e5fab30bc1af2ab9862fe5c16f5be581fd243b6ad78468b48e940aadfb2b849d} month over month and up 34.7{e5fab30bc1af2ab9862fe5c16f5be581fd243b6ad78468b48e940aadfb2b849d} year over year.
Featured Earnings
Adventus Mining Corporation (T.ADZN) (Q4) EPS projected for loss of four cents, compared to a loss of one cent in the prior-year quarter.
Auxly Cannabis Group Inc. (T.XLY) (Q4) EPS projected for loss of one cent, compared to a loss of seven cents in the prior-year quarter.
Neo Lithium (V.NLC) (Q1) EPS projected at breakeven, compared to a gain of 12 cents in the prior-year quarter.
Tuesday
U.S.
Economic Lookahead
IHS Markit U.S. Manufacturing PMI (May)
Institute for Supply Management Manufacturing Index (May)
Construction spending (April)
Featured Earnings
Hewlett Packard Enterprise Company (NYSE:HPE) (Q3) EPS projected at eight cents, compared to 22 cents in the prior-year quarter.
Zoom Video Communications Inc. (NASDAQ: ZM) (Q1) EPS projected at 62 cents, compared to nine cents in the prior-year quarter.
Ambarella Inc. (NASDAQ:AMBA) (Q1) EPS projected for loss of 28 cents, compared to 43 cents in the prior-year quarter.
Canada
Economic Lookahead
Gross Domestic Product (March) Real GDP grew 0.4{e5fab30bc1af2ab9862fe5c16f5be581fd243b6ad78468b48e940aadfb2b849d} in February, following 0.7{e5fab30bc1af2ab9862fe5c16f5be581fd243b6ad78468b48e940aadfb2b849d} growth in January, as 14 of the 20 industrial sectors were up.
HIS Markit Canada Manufacturing Purchasing Managers Index (May) The Index registered 57.2 in April, down from 58.5 in March, to signal the third-strongest growth in operating conditions in the survey to date, which began in October 2010.
Featured Earnings
Bank of Nova Scotia (T.BNS) (Q2) EPS projected at $1.75, compared to $1.88 in the prior-year quarter.
Canopy Growth Corporation (T.WEED) (Q4) EPS projected for loss of 25 cents, compared to a loss of $2.43 in the prior-year quarter.
Canaccord Genuity Group Inc. (T.CF) (Q4) EPS projected at 54 cents, compared to 62 cents in the prior-year quarter.
Wednesday
U.S.
Featured Earnings
Motor vehicle sales (May)
Beige Book
Featured Earnings
Splunk (NASDAQ SPLK) (Q1) EPS projected for loss of $1.66, compared to a loss of $1.61 in the prior-year quarter.
NetApp Inc. (NASDAQ:NTAP) (Q4) EPS projected at 95 cents, compared to $1.03 in the prior-year quarter.
Campbell Soup (NYSE CPB) (Q3) EPS projected at 66 cents, compared to 83 cents in the prior-year quarter.
Canada
Featured Earnings
Barksdale Resources Corp. (T.BRO) (Q1) EPS projected for loss of a cent, identical to the prior-year quarter.
Descartes Systems Group Inc. (T.DSG) (Q1) EPS projected at 22 cents, compared to 25 cents in the prior-year quarter.
Laurentian Bank of Canada (T.LB) (Q2) EPS projected at 89 cents, compared to $1.03 in the prior-year quarter.
Thursday
U.S.
Economic Lookahead
ADP employment report (May)
Initial Jobless Claims (as of May 29)
Productivity (Revised –Q1)
Unit Labour Costs (Revised – Q1)
Markit services PMI (May)
ISM services index (May)
Featured Earnings
J. M. Smucker (NYSE SJM) (Q4) EPS projected at $1.68, compared to $2.57 in the prior-year quarter.
Broadcom (NASDAQ AVGO) (Q2) EPS projected at $5.43, compared to $4.16 in the prior-year quarter.
Five Below (NASDAQ:FIVE) (Q1) EPS projected for gain of 66 cents,, compared to a loss of 91 cents in the prior-year quarter.
Canada
Featured Earnings
BRP Inc. (T.DOO) (Q1) EPS projected at $1.34, compared to $1.82 in the prior-year quarter.
Great Bear Resources Ltd. (T.GBR) (Q1) EPS projected for loss of three cents, compared to a loss of eight cents in the prior-year quarter.
Saputo Inc. (T.SAP) (Q1) EPS projected at 38 cents, compared to 51 cents in the prior-year quarter.
Friday
U.S.
Economic Lookahead
Non-Farm payrolls (May)
Factory orders (April)
