Inflation, Manufacturing Figures Out Next Week - InvestingChannel

Inflation, Manufacturing Figures Out Next Week

Monday

U.S.

Economic Lookahead

Federal Budget (June)

Featured Earnings

PepsiCo (NASDAQ:PEP) (Q2) EPS estimates of $1.25, compared to $1.54 in the prior-year quarter.

Tuesday
U.S.

Economic Lookahead

Consumer Price Index (June)

Featured Earnings

Citigroup Inc. (NYSE:C) (Q2) EPS estimates of 49 cents, compared to $1.83 in the prior-year quarter.

Delta Air Lines Inc. (NYSE:DAL) (Q2) EPS estimates for loss of $4.36, compared to a gain of $2.35 in the prior-year quarter.

Fastenal Company (NASDAQ:FAST) (Q2) EPS estimates of 35 cents, compared to 36 cents in the prior-year quarter.

First Republic Bank (NYSE: FRC) (Q2) EPS estimates of $1.21, compared to $1.24 in the prior-year quarter.

Canada

Featured Earnings

Trilogy Metals Inc. (TSX:TMQ) (Q2) EPS estimates for loss of one cent, compared to a loss of five cents in the prior-year quarter.

Wednesday

U.S.

Economic Lookahead

Import Prices (June)

Industrial Production (June)

EIA Crude Oil Stocks Change (July 9)

Beige Book

Featured Earnings

Alcoa Corporation (NYSE:AA) (Q2) EPS estimates for loss of 72 cents, compared to a loss of one cent in the prior-year quarter.

Goldman Sachs Group Inc. (NYSE:GS) (Q2) EPS estimates of $3.81, compared to $5.84 in the prior-year quarter.

PNC Financial Services Group Inc. (NYSE:PNC) (Q2) EPS estimates for $1.13 compared to $2.88 in the prior-year quarter.

UnitedHealth Group Incorporated (NYSE:UNH) (Q2) EPS estimates for $5.00, compared to $3.60 in the prior-year quarter.

Canada

Economic Lookahead

CREA Stats (June) National home sales rose 56.9% on a month-over-month basis in May. Actual (not seasonally-adjusted) activity was still down 39.8% year-over-year.

Monthly Survey of Manufacturing (May) Manufacturing sales fell by a record 28.5% to $36.4 billion in April, following a 9.8% decline in March.

Bank of Canada Rate Announcement (about 10 a.m. EDT)

Featured Earnings

Cogeco Communications Inc. (TSX:CCA) (Q3) EPS estimates of $1.79, compared to a loss of five cents in the prior-year quarter.

Theratechnologies Inc. (TSX:TH) (Q2) EPS estimates of one cent, compared to a loss of six cents in the prior-year quarter.

Thursday 

U.S.

Economic lookahead

Weekly jobless claims (to July 10)

Retail Sales (June)

NAHB Home Builders’ Index (July)

Business Inventories (May)

Featured Earnings

Bank of America Corporation (NYSE:BAC) (Q2) EPS estimates of 30 cents, compared to 74 cents in the prior-year quarter.

Domino’s Pizza Inc (NYSE:DPZ) (Q2) EPS estimates of $2.24, compared to $2.19 in the prior-year quarter.

Johnson & Johnson (NYSE:JNJ) (Q2) EPS estimates of $1.46, compared to $2.58 in the prior-year quarter.

Canada

Economic lookahead

Canada’s International Transactions in Securities (May) Foreign investment in Canadian securities reached a record-high of $49.0 billion in April, all in debt securities. Meanwhile, Canadian divestment in foreign securities eased considerably to $134 million.

Friday

U.S.

Economic Lookahead

Housing Starts (June)

Building Permits (June)

Consumer Sentiment Index (July)

Featured Earnings

Ally Financial Inc. (NYSE:ALLY) (Q2) EPS estimates of 31 cents, compared to $97 cents in the prior-year quarter.

BlackRock Inc. (NYSE:BLK) (Q2) EPS estimates of $6.57, compared to $6.41 in the prior-year quarter.

Citizens Financial Group Inc. (NYSE:CFG) (Q2) EPS estimates of eight cents, compared to 96 cents in the prior-year quarter.

Canada

Economic Lookahead

Wholesale Trade (May) Wholesale sales plummeted an unprecedented 21.6% to $49.8 billion in April, the lowest level since July 2013.