27 Earnings Reports Due Before Markets Open Thursday, May 11

Before U.S. markets open Thursday morning, 27 companies are scheduled to report quarterly earnings results. The following table is based on data from Briefing.com and includes a consensus forecast in dollars for quarterly earnings per share and EPS reported last year, and the consensus forecast for quarterly revenue in thousands of dollars. Companies marked with an asterisk have not confirmed […]

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Revised Guidance Lifted Air Canada Stock but the Carrier Still Appears Undervalued

Any assessment of an airline stock, like Air Canada (CA:AC), must begin with two external factors: demand and fuel costs. So when Canada’s leading airline updated its 2023 guidance on May 4, news that it expects higher adjusted EBITDA (earnings before interest, taxes, depreciation and amortization), increased traffic, and lower operating costs, should pique investor interest. It did. In the […]

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113 Earnings Reports Due After Markets Close Tuesday, May 9

After U.S. markets close Tuesday afternoon, 113 companies are scheduled to report quarterly earnings results. The following table is based on data from Briefing.com and includes a consensus forecast in dollars for quarterly earnings per share and EPS reported last year, and the consensus forecast for quarterly revenue in thousands of dollars. Companies marked with an asterisk have not confirmed […]

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143 Earnings Reports Due After Markets Close Thursday, May 4

After U.S. markets close Thursday afternoon, 143 companies are scheduled to report quarterly earnings results. The following table is based on data from Briefing.com and includes a consensus forecast in dollars for quarterly earnings per share and EPS reported last year, and the consensus forecast for quarterly revenue in thousands of dollars. Companies marked with an asterisk have not confirmed […]

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White House Wants Harsh Taxes for Crypto Miners, Cites Environmental Damage

On the afternoon of May 2nd, the White House published a blog post titled “Making Cryptominers Pay for Costs They Impose on OthersFederal Open Market Committee”. The text details the Biden administration’s “DAME” tax which is seeking to punitively burden cryptocurrency miners for allegedly having a severe negative impact on the environment, and, more broadly, people’s quality of life. Biden […]

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Treasuries Extend Yesterday's Rally As Fed Hints At Potential Pause

After moving sharply higher over the course of the previous session, treasuries saw further upside during trading on Wednesday. Bond prices pulled back off their best levels going into the close but remained in positive territory. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, fell by 3.6 basis points to 3.403 percent. […]

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Friday’s Top Analyst Upgrades and Downgrades: Boston Scientific, Charles Schwab, eBay, Electronic Arts, FedEx, Meta, Norfolk Southern, Roku and More

The futures traded lower, after a big Thursday rally that saw all the major indexes finish the day sharply higher. Once again, big numbers from big technology stocks drove the impressive move higher, with Meta leading the way to a 15-month high with sales growing for the quarter after three straight quarterly declines. In addition, another positive for the day […]

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82 Earnings Reports Due After Markets Close Thursday, April 27

After U.S. markets close Thursday afternoon, 82 companies are scheduled to report quarterly earnings results. The following table is based on data from Briefing.com and includes a consensus forecast in dollars for quarterly earnings per share and EPS reported last year, and the consensus forecast for quarterly revenue in thousands of dollars. Companies marked with an asterisk have not confirmed […]

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