Canadian GDP Due for Next Week - InvestingChannel

Canadian GDP Due for Next Week

Monday

U.S.

Economic Lookahead

Durable goods orders (March)

Core capital goods orders (March)

Featured Earnings

Tesla Inc. (NASDAQ:TSLA) (Q1) EPS projected at 44 cents, compared to two cents in the prior-year quarter.

NXP Semiconductors N.V. (NASDAQ:NXPI) (Q1) EPS projected at $1.89, compared to $1.66 in the prior-year quarter.

Check Point Software Technologies Ltd. (NASDAQ:CHKP) (Q1) EPS projected at $1.33 compared to $1.26 in the prior-year quarter.

Canada

Featured Earnings

Canadian National Railway Company (T.CNR) (Q1) EPS projected at $1.25, compared to $1.43 in the prior-year quarter.

GT Gold Corp. (V.GTT) (Q1) EPS projected for loss of three cents, identical to the prior-year quarter.

West Fraser Timber Co. Ltd. (T.WFG) (Q1) EPS projected at $4.58, compared to $4.92 in the prior-year quarter.

Tuesday

U.S.

Economic Lookahead

Case-Shiller home price index (year over year) (Feb.)

Consumer confidence index (April)

Homeownership rate (Q1)

Featured Earnings

Microsoft Corporation (NASDAQ:MSFT) (Q1) EPS projected at $1.76, compared to $1.40 in the prior-year quarter.

Alphabet Inc. (NASDAQ:GOOG) (Q1) EPS projected at $15.45, compared to $9.87 in the prior-year quarter.

Visa Inc. (NYSE:V) (Q1) EPS projected at $1.27, compared to $1.39 in the prior-year quarter.

Canada

Featured Earnings

Capstone Mining Corp. (T.CS) (Q1) EPS projected at 11 cents, identical to the prior-year quarter.

First National Financial Corporation (T.FN) (Q1) EPS projected at 88 cents, compared to $1.13 in the prior-year quarter.

First Quantum Minerals Ltd. (T.FM) (Q1) EPS projected at 23 cents, compared to 10 cents in the prior-year quarter.

Wednesday

U.S.

Economic lookahead

Trade in goods, advance report (March)

Federal Reserve announcement (2 p.m. EDT)

Featured Earnings

Apple Inc. (NASDAQ:AAPL) (Q2) EPS projected at 99 cents, compared to 64 cents in the prior-year quarter.

Facebook Inc. (NASDAQ:FB) (Q1) EPS projected at $2.39, compared to $1.71 in the prior-year quarter.

QUALCOMM Incorporated (QCOM) (Q2) EPS projected at $1.41, compared to 66 cents in the prior-year quarter.

Canada

Featured Earnings

Aritzia Inc. (T.ATZ) (Q4) EPS projected at seven cents, compared to 29 cents in the prior-year quarter.

Atrium Mortgage Investment Corporation (T.AI) (Q1) EPS projected at 23 cents, compared to 25 cents in the prior-year quarter.

CGI Inc. (T.GIB.A) (Q2) EPS projected at $1.33, identical to the prior-year quarter.

Restaurant Brands International Inc. (T.QSR) (Q1) EPS projected at 63 cents, compared to 67 cents in the prior-year quarter.

Sherritt International Corporation (T.S) (Q1) EPS projected for a gain of five cents, compared to a loss of eight cents in the prior-year quarter.

Shopify Inc. (T.SHOP) (Q1) EPS projected at 92 cents, compared to $2.01 in the prior-year quarter.

Thursday

U.S.

Economic Lookahead

Initial Jobless Claims (as of April 24)

Gross domestic produc (Q1)

Pending home sales index (March)

Featured Earnings

Amazon.com Inc. (NASDAQ:AMZN) (Q1) EPS projected at $9.98, compared to $5.01 in the prior-year quarter.

Mastercard Incorporated (NYSE:MA) (Q4) EPS projected at $1.57, compared to $1.83 in the prior-year quarter.

Merck & Company Inc (NYSE”MRK) (Q1) EPS projected at $1.62, compared to $1.50 in the prior-year quarter.

Canada

Payroll Employment, Earnings and Hours (Jan.) The total number of payroll employees in January was 1.2 million (or 7%) lower than in February 2020.

Featured Earnings

Agnico Eagle Mines Limited (T.AEM) (Q1) EPS projected at 78 cents, compared to 85 cents in the prior-year quarter.

BCE Inc. (T.BCE) (Q1) EPS projected at 73 cents, compared to 81 cents in the prior-year quarter.

Baytex Energy Corp. (T.BTE) (Q1) EPS projected at four cents, compared to 39 cents in the prior-year quarter.

Canadian Utilities Limited (T.CU) (Q1) EPS projected at 50 cents, compared to 51 cents in the prior-year quarter.

Friday

U.S.

Economic Lookahead

Employment cost index (Q1)

Personal income (March)

Consumer spending (March)

Chicago purchasing managers’ index (April)

Consumer sentiment index (April)

Featured Earnings

Exxon Mobil Corporation (NYSE:XOM) (Q2) EPS projected at 59 cents, compared to 53 cents in the prior-year quarter.

Chevron Corporation (NYSE:CVX) (Q1) EPS projected at 95 cents, compared to $1.29 in the prior-year quarter.

AbbVie Inc. (NYSE: ABBV) (Q1) EPS projected at $2.77, compared to $2.42 in the prior-year quarter.

AstraZeneca PLC (NASDAQ: AZN) (Q1) EPS projected at 71 cents, compared to 53 cents in the prior-year quarter.

Canada

Economic Lookahead

Industrial Product Price Index (March) In February, the Industrial Product Price Index rose 2.6%, the largest monthly increase in the index in over 40 years, since January 1980’s advance of 3.8%.

Raw Materials Price Index (Mar.) The Raw Materials Price Index was up 6.6% month over month, the biggest gain since May 2020’s hike of 15.0%.

Gross Domestic Product (Feb.) Real GDP edged up 0.1% in December as 12 of 20 industrial sectors were up in the month.

Featured Earnings

Algoma Central Corporation (T.ALC) (Q4) EPS projected for loss of 56 cents, compared to a gain of 76 cents in the prior-year quarter.

Imperial Oil Limited (T.IMO) (Q1) EPS projected for gain of 50 cents, compared to a loss of $1.56 in the prior-year quarter.

Capital Power Corporation (T.CPX) (Q1) EPS projected at 59 cents, compared to 12 cents in the prior-year quarter.

Dorel Industries Inc. (T.DII.B) (Q4) EPS projected at 50 cents, compared to 51 cents in the prior-year quarter.