Today's Earnings Report Schedule: 10/08/2020

Some major cult-favorite stocks are entering the earnings confessional today

facebook twitter linkedin


Stocks closed higher across the board yesterday after from U.S. President Donald Trump's called for additional financial support for airlines and, also, a second round of individualized stimulus checks. Wall Street bounced back from yesterday's drama surround Trump's announcement of a stalled stimulus package until after the election in November.

The Dow Jones Industrial Average (DJI - 28,303.46) gained 530.7 points yesterday. Meanwhile, the S&P 500 Index (SPX - 3,419.45) added 58.5 point for the day and the Nasdaq Composite (IXIC - 11,364.60) added on an even 210 points during yesterday's trading session. Breaking it's winning streak, the Cboe Volatility Index (VIX - 28.06) lost 1.4 point on Wednesday.

Did you miss some of the excitement yesterday? Don't worry - we'll get you caught up on major stock news!


Today's economic news calendar just has weekly jobless claims on the schedule. The earnings docket looks quite a bit more interesting, though, so we have rounded up today's highly-anticipated earnings announcements schedule for your convenience:

  • Acuity Brands, Inc. (NYSE: AYI -- $113.26) provides lighting and building management solutions and services in North America and worldwide.
    • Acuity Brands will report its third-quarter earnings before the bell today.
  • Carnival Corporation & Plc (NYSE: CCL -- $15.99) is a leisure travel company.
    • Carnival will report its fiscal second-quarter earnings before the bell today.
  • Domino's Pizza, Inc. (NYSE: DPZ -- $431.05) is a pizza delivery company in the United States and worldwide.
    • Domino's will report its fiscal second-quarter earnings before the bell today.
  • Helen of Troy Limited (NASDAQ: HELE -- $205.00) designs, develops, imports, markets, and distributes a portfolio of consumer products worldwide. HELE is currently up 28.2% year-over-year.
    • Helen of Troy will report its fiscal first-quarter earnings of 2021 before the bell today.


Now, here is a recap of how yesterday’s earnings reports played out compared to expectations:

  • Lamb Weston Holdings, Inc. (NYSE: LW -- $70.16) produces, distributes, and markets value-added frozen potato products worldwide. Lamb Weston reported its fiscal fourth-quarter earnings yesterday before the bell.
    • Earnings per share were down 22.78% year over year to $0.61, which beat the estimate of $0.30. Revenue of $871.5 million declined by 11.88% year over year, which beat the Wall Street’s estimate of $869.22 million.
  • RPM International, Inc. (NYSE: RPM -- $84.43) manufactures and sells specialty chemicals for the industrial, specialty, and consumer markets worldwide. RPM reported its fiscal fourth-quarter earnings yesterday before the bell.
    • Earnings per share were up 51.58% over the past year to $1.44, which beat the estimate of $1.19. Revenue of $1.71 billion rose by 9.10% from the same period last year, which beat the Wall Street’s estimate of $1.49 billion.
  • Resources Connection, Inc. (NASDAQ: RGP -- $11.73) provides consulting services to business customers in North America, Europe, and the Asia Pacific. Resources Connection reported its fiscal fourth-quarter earnings after hours yesterday.
    • Earnings per share decreased 6.67% over the past year to $0.14, which beat the estimate of $0.07. Revenue of $147.35 million decreased by 14.45% from the same period last year, which missed the Wall Street’s estimate of $150.37 million.


Investors, keep an eye out for the monthly forecast from the United States Department of Agriculture tomorrow.

All earnings and economic dates listed on SchaeffersResearch.com are tentative and subject to change. Please check with each company's respective website for official reporting dates.

What This Election Year Means for Stocks

Ipad with I voted sticker

  


 
Special Offers from Schaeffer's Trading Partners