Today's Stock Market News & Events: 12/3/2020

Today's market-moving economic data and earnings schedule

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Stocks were relatively quiet on Wednesday, after a disappointing jobs data release, as well as the continued stimulus stalemate weighed heavy on investor sentiment. The Dow Jones Industrial Average (DJI - 29,883.79) gained 59.9 points on the day yesterday. The S&P 500 Index (SPX - 3,669.01) gained 6.6 points on Wednesday and the Nasdaq Composite (IXIC - 12,349.37) was down 5.74 points. The Cboe Volatility Index (VIX - 21.17) fell 0.4 point during yesterday's trading session.

Today's stock market schedule is set to make some noise, though, with a slew of employment data slated to be released. Meanwhile, Markit Services PMI and ISM services index information is due to be released. Plus, a ton of companies will be stepping up to the earnings confessional including  DocuSign (DOCU), Signet Jewelers (SIG), Marvell (MRVL), Ulta Beauty (ULTA), and Kroger (KR).

For your convenience, we have rounded up the companies slated to release earnings today, December 3:

The AZEK Company, Inc. (NYSE:AZEK -- $35.64) engages in manufacturing and selling building products. AZEK will report its fourth-quarter earnings before the bell today.

Canadian Imperial Bank of Commerce (NYSE:CM -- $85.10)
provides various financial products and services. CIBC will report its fourth-quarter earnings before the bell today.

Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL -- $141.66)
develops and operates the Cracker Barrel Old Country Store concept in the United States. Cracker Barrel will report its first-quarter earnings of 2021 before the bell today.

Dollar General Corporation (NYSE:DG -- $217.54)
is a discount retailer providing various merchandise products. Dollar General will report its third-quarter earnings before the bell today.

Donaldson Company, Inc. (NYSE:DCI -- $53.14)
manufactures and sells filtration systems and replacement parts worldwide. Donaldson will report its first-quarter earnings of fiscal 2021 before the bell today.

GMS, Inc. (NYSE:GMS -- $30.24)
distributes wallboards, suspended ceilings systems, and complementary building products. GMS will report its second-quarter earnings of fiscal 2021 before the bell today.

The Kroger Co. (NYSE:KR -- $32.29)
operates as a grocery retailer in the United States. Kroger will report its third-quarter earnings before the bell today.

Methode Electronics, Inc. (NYSE:MEI -- $35.73)
designs, manufactures, and markets component and subsystem devices. Methode Electronics will report its second-quarter earnings of fiscal 2021 before the bell today.

The Michaels Companies, Inc. (NASDAQ:MIK -- $10.25)
owns and operates arts and crafts specialty retail stores. Michaels will report its third-quarter earnings before the bell today.

SecureWorks Corp. (NASDAQ:SCWX -- $12.15)
provides technology-driven information security solutions. SecureWorks will report its third-quarter earnings before the bell today.

Signet Jewelers Limited (NYSE:SIG -- $29.81)
engages in the retail sale of diamond jewelry, watches, and other products. Signet Jewelers will report its third-quarter earnings before the bell today.

The Toronto-Dominion Bank (NYSE:TD -- $54.77)
provides various personal and commercial banking products and services. Toronto-Dominion Bank will report its fourth-quarter earnings before the bell today.

Cloudera, Inc. (NYSE:CLDR -- $11.20)
provides a suite of data analytics and management products. Cloudera will report its third-quarter earnings after the market closes today.

The Cooper Companies, Inc. (NYSE:COO -- $334.61)
operates as a medical device company worldwide. Cooper will report its fourth-quarter earnings after the market closes today.

DocuSign, Inc. (NASDAQ:DOCU -- $217.70)
provides cloud based software in the United States and internationally. DocuSign will report its third-quarter earnings after the market closes today.

Domo, Inc. (NASDAQ:DOMO -- $36.91)
operates a cloud-based platform in the United States. Domo will report its third-quarter earnings after the market closes today.

Marvell Technology Group Ltd. (NASDAQ:MRVL -- $45.62)
designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. Marvell will report its third-quarter earnings after the market closes today.

Medallia, Inc. (NYSE:MDLA -- $33.81)
provides an enterprise Software-as-a-Service platform. Medallia will report its third-quarter earnings after the market closes today.

Ollie's Bargain Outlet Holdings, Inc. (NASDAQ:OLLI -- $86.78)
operates as a retailer of brand name merchandise. Ollie's Bargain Outlet will report its third-quarter earnings after the market closes today.

PagerDuty, Inc. (NYSE:PD -- $34.28)
operates a platform for real-time operations. PagerDuty will report its third-quarter earnings after the market closes today.

Science Applications International Corporation (NYSE:SAIC -- $94.16)
operates as a retailer in the United States. Science Applications will report its third-quarter earnings after the market closes today.

Smith & Wesson Brands, Inc. (NASDAQ:SWBI -- $15.47)
designs, manufactures, and sells firearms worldwide. Smith & Wesson Brands will report its second-quarter earnings of fiscal 2021 after the market closes today.

Ulta Beauty, Inc. (NASDAQ:ULTA -- $282.00)
operates as a beauty retailer in the United States. Ulta Beauty will report its third-quarter earnings after the market closes today.

Yext, Inc. (NYSE:YEXT -- $18.71)
is a search experience cloud company. Yext will report its third-quarter earnings of fiscal 2021 after the market closes today.

Zumiez, Inc. (NASDAQ:ZUMZ -- $38.08)
operates as a specialty retailer of apparel, footwear, accessories, and hardgoods. Zumiez will report its third-quarter earnings after the market closes today.

Zuora, Inc. (NYSE:ZUO -- $11.58)
provides cloud-based software on a subscription basis. Zuora will report its third-quarter earnings after the market closes today.

Here is a quick recap of how yesterday’s earning calls played out:

Patterson Companies, Inc. (NASDAQ:PDCO -- $27.70)
distributes and sells dental and animal health products. Earnings per share increased 61.54% over the past year to $0.63, which beat the estimate of $0.38. Revenue of $1,553,000,000 rose by 9.44% from the same period last year, which beat the estimate of $1,420,000,000.

Royal Bank of Canada (NYSE:RY -- $82.66)
operates as a diversified financial service company worldwide. Earnings per share were up 2.42% over the past year to $1.69, which beat the estimate of $1.61. Revenue of $8,389,000,000 declined by 2.27% year over year, which beat the estimate of $8,050,000,000.

The Descartes Systems Group, Inc. (NASDAQ:DSGX -- $58.48)
provides cloud, device, and data content-based solutions. Earnings per share were up 36.36% year over year to $0.15, which beat the estimate of $0.14. Revenue of $87,508,000 higher by 5.40% from the same period last year, which beat the estimate of $85,980,000.

Elastic N.V. (NYSE:ESTC -- $120.80)
delivers technology that enables users to search through structured and unstructured data. Earnings per share rose 86.36% over the past year to ($0.03), which beat the estimate of ($0.20). Revenue of $144,894,000 higher by 43.31% year over year, which beat the estimate of $130,500,000.

Guess', Inc. (NYSE:GES -- $16.32)
designs, markets, distributes, and licenses lifestyle collections of apparel and accessories. Earnings per share increased 163.64% year over year to $0.58, which beat the estimate of $0.05. Revenue of $569,284,000 declined by 7.58% from the same period last year, which beat the estimate of $515,580,000.

Okta
, Inc. (NASDAQ:OKTA -- $236.99) provides identity management platforms. Earnings per share rose 157.14% over the past year to $0.04, which beat the estimate of ($0.01). Revenue of $217,379,000 rose by 42.04% from the same period last year, which beat the estimate of $202,700,000.

PVH Corp. (NYSE:PVH -- $81.80)
operates as an apparel company. Earnings per share decreased 57.42% over the past year to $1.32, which beat the estimate of $0.24. Revenue of $2,118,000,000 declined by 18.16% year over year, which beat the estimate of $2,000,000,000.

Semtech Corporation (NASDAQ:SMTC -- $67.94)
designs, develops, manufactures, and markets analog and mixed-signal semiconductor products and advanced algorithms. Earnings per share were up 14.63% over the past year to $0.47, which beat the estimate of $0.46. Revenue of $154,082,000 higher by 9.27% from the same period last year, which beat the estimate of $149,830,000.

Zscaler, Inc. (NASDAQ:ZS -- $151.68)
operates as a cloud security company worldwide. Earnings per share increased 366.67% year over year to $0.14, which beat the estimate of $0.06. Revenue of $142,578,000 up by 52.34% year over year, which beat the estimate of $132,310,000.

Looking ahead to Friday, the trading week will 
close out with the nonfarm payrolls and the latest unemployment rate. Average hourly earnings, trade deficit and factory orders data are on the docket for tomorrow as well. This data will be joined by a handful of earnings reports including HD Supply (HDS) and Big Lots (BIG).

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