Stocks Tumble As October Approaches| MENAFN.COM

Friday, 07 October 2022 09:31 GMT

Stocks Tumble As October Approaches


(MENAFN- Baystreet.ca) Stocks Tumble as October Approaches

Monday

U.S.

Economic Lookahead

Chicago Fed national activity index (Aug.)

Featured Earnings

Legend Biotech Corporation (NASDAQ:LEGN) (Q3) EPS estimates for loss of 58 cents, compared to a loss of 32 cents in the prior-year quarter. NextDecade Corporation (NASDAQ: NEXT) (Q2) EPS estimates for loss of seven cents, compared to a loss of 13 cents in the prior-year quarter. Legacy Housing Corporation (NASDAQ: LEGH) (Q3) EPS estimates of 55 cents, compared to 51 cents in the prior-year quarter.

Canada

Featured Earnings

Aurora Cannabis Inc. (T.ACB) (Q4) EPS estimates for loss of 27 cents, compared to a loss of 68 cents in the prior-year quarter. Avivagen Inc. (V.VIV) (Q3) EPS estimates for loss of two cents, compared to a loss of three cents in the prior-year quarter. Tuesday

U.S.

Economic Lookahead


Durable goods orders (Aug.)

S&P Case Shiller U.S. home price index (July)

FHFA U.S. home price index (July)

Consumer confidence index (Sept.)

New home sales (Aug.)

Featured Earnings

Jabil Inc. (NYSE: JBL) (Q4) EPS estimates for $1.92, compared to $1.16 in the prior-year quarter. Endava (NYSE: DAVA) (Q4) EPS estimates for 40 cents, compared to 39 cents in the prior-year quarter. Cal-Maine Foods, Inc. (NASDAQ: CALM) (Q1) EPS estimates for gain of $2.40, compared to a loss of 37 cents in the prior-year quarter.

Canada

Featured Earnings

Voti Detection Inc. (V.VOTI) (Q3) EPS estimate for loss of three cents, compared to a loss of two cents in the prior-year quarter. Vintage Wine Estates Inc. (T.VWE.U) (Q4) EPS estimate for gain of 11 cents, compared to a loss of eight cents in the prior-year quarter. Wednesday

U.S.

Economic Lookahead

Trade in goods (Aug.)

Pending Home Sales Index (Aug.)

Featured Earnings Paychex, Inc. (NASDAQ: PAYX) (Q1) EPS estimates for 97 cents, compared to 89 cents in the prior-year quarter. Cintas Corporation (NASDAQ: CTAS) (Q1) EPS estimates for $3.15, compared to $3.11 in the prior-year quarter. Vail Resorts, Inc. (NYSE: MTN) (Q4) EPS estimates for loss of $2.91, compared to a loss $3.42 in the prior-year quarter.

Canada

Featured Earnings AGF Management Limited (T.AGF.B) (Q3) EPS estimate of 18 cents, compared to 21 cents in the prior-year quarter. Newrange Gold Corp. (V.NRG) (Q1) EPS estimate for loss of one cent, identical to the prior-year quarter. Sangoma Technologies Corporation (T.STC) (Q4) EPS estimate for gain of 11 cents, compared to a loss of 14 cents in the prior-year quarter.

Thursday

U.S.

Economic Lookahead

Initial Jobless Claims (week of Sept. 24)

Real GDP Revision (Q2)

Featured Earnings

Nike Inc. (NYSE:NKE) (Q1) EPS estimate for 92 cents, compared to $1.16 in the prior-year quarter. Micron Technology Inc. (NYSE:MU) (Q3) EPS estimate for $1.31, compared to $2.37 in the prior-year quarter. Carnival Corporation (NYSE:CCL) (Q4) EPS estimate for loss of 12 cents, compared to a loss of $1.75 in the prior-year quarter. Canada Economic Lookahead Payroll Employment, Earnings and Hours (July) The number of employees receiving pay or benefits from their employer rose by 114,600 (+0.7%) in June. GDP (July) Real gross domestic product rose 0.8% in the second quarter, driven by increased business investment in inventories, non-residential structures, machinery and equipment, and household spending on services and semi-durable goods.

Friday

U.S.

Economic Lookahead

PCE Price Index (Aug.)

Consumer Spending (Aug.)

Chicago PMI (Sept.)

UMich. Consumer Sentiment Index (Aug.)

MENAFN23092022000212011056ID1104916298


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.