Wall Street Gears Up for Another Earnings-Heavy Week

Federal budget data for January will also be in focus

by Lillian Currens

Published on Feb 6, 2020 at 1:30 PM
Updated on Jun 24, 2020 at 10:16 AM

Earnings season isn't over yet, with a whole slew of companies gearing up for their quarterly confessionals next week. Ride share concern Lyft (LYFT) will be in the earnings spotlight, joined by streaming name Roku (ROKU), along with Alibaba (BABA), Cisco (CSCO), Nvidia (NVDA), and PepsiCo (PEP). On the economic data front, investors can expect numbers on job openings, industrial production, household debt, and retail sales. The consumer price index (CPI) and federal budget data are also due out next week. 

Below is a brief list of some key market events and a few high-profile earnings releases scheduled for the upcoming week. All earnings and economic dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.

The week will start somewhat quietly on Monday, Feb. 10, though quite a few notable names will enter the earnings confessional. Included on the list is Allergan (AGN), Chegg (CHGG), and Restaurant Brands (QSR). 

Traders will digest the NFIB small business optimism index bright and early on Tuesday, Feb. 11, followed by job openings data for December and fourth-quarter household debt figures later that morning. Hasbro (HAS), Hilton (HLT), Lyft, Under Armour (UAA), and Western Union (WU) will all throw their hats into the earnings ring. 

On Wednesday, Feb. 12, federal budget data will roll out. Earnings from Cisco (CSCO), CVS Health (CVS), Shopify (SHOP), Teva (TEVA) and TripAdvisor (TRIP) will all be on tap. 

Thursday, Feb. 13, will bring weekly jobless claims data, the consumer price index (CPI), and the core CPI. Earnings from Alibaba, Nvidia, PepsiCo, Roku, and Yelp (YELP) are all due out. 

On Valentine's Day Friday, Feb. 14 we will see a deluge of economic activity. Data on retail sales, industrial production, and business inventories, as well as the consumer sentiment index and the import price index will all be on the docket. There are no earnings of note.


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