Stocks were mixed bag to start the week yesterday. With further delays in coronavirus stimulus negotiations were reported in addition to the rapidly rising number of infections, concerns weighed heavily on investors. Elsewhere in the world (aka beyond Wall Street), cities across the United States are releasing stricter social distancing orders as hospitalizations continue to climb to unprecedented levels.
The Dow Jones Industrial Average (DJI - 30,069.79) lost 148.5 points on Monday. The S&P 500 Index (SPX - 3,691.96) fell 7.2 points yesterday while the Nasdaq Composite (IXIC - 12,519.95) was up 55.7 points. The Cboe Volatility Index (VIX - 20.79) fell 2.3% during yesterday's trading session.
Investors can expect productivity revisions, as well as unit labor costs data to be released today. There will also be a good amount of earnings calls for investors to unpack today.
For your convenience, we have rounded up the companies slated to release earnings today, December 8:
AutoZone, Inc. (NYSE:AZO -- $1,157.18) retails and distributes automotive replacement parts and accessories. AutoZone will report its first-quarter earnings of 2021 before the bell today.
Brown-Forman Corporation (NYSE:BF-B -- $80.39) manufactures, bottles, imports, exports, markets, and sells various alcoholic beverages. Brown-Forman will report its second-quarter earnings of 2021 before the bell today.
Cantel Medical Corporation (NYSE:CMD -- $61.60) provides infection prevention and control products and services for the healthcare market. Cantel Medical will report its first-quarter earnings of 2021 before the bell today.
Conn's, Inc. (NASDAQ:CONN -- $14.04) operates as a specialty retailer of durable consumer goods and related services. Conn's will report its third-quarter earnings of 2021 before the bell today.
G-III Apparel Group, Ltd. (NASDAQ:GIII -- $23.98) designs, sources, and markets women's and men's apparel. G-III Apparel will report its third-quarter earnings before the bell today.
H&R Block, Inc. (NYSE:HRB -- $17.70) provides assisted income tax return preparation, do-it-yourself (DIY) tax, and virtual tax preparation services and products. H&R Block will report its second-quarter earnings of 2021 before the bell today.
John Wiley & Sons, Inc. (NYSE:JW-A -- $36.57) operates as a research and learning company worldwide. John Wiley & Sons will report its second-quarter earnings of 2021 before the bell today.
Thor Industries, Inc. (NYSE:THO -- $98.47) designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories. Thor Industries will report its first-quarter earnings of 2021 before the bell today.
AeroVironment, Inc. (NASDAQ:AVAV -- $91.23) designs, develops, produces, supports, and operates a portfolio of products and services. AeroVironment will report its second-quarter earnings of 2021 after the market closes today.
Chewy, Inc. (NYSE:CHWY -- $74.78) engages in the pure-play e-commerce business. Chewy will report its third-quarter earnings after the market closes today.
GameStop, Corp. (NYSE:GME -- $16.35) operates as a multichannel video game, consumer electronics, and collectibles retailer. GameStop will report its first-quarter earnings of 2021 after the market closes today.
Guidewire Software, Inc. (NYSE:GWRE -- $125.47) provides software products for property and casualty insurers worldwide. Guidewire Software will report its first-quarter earnings of 2021 after the market closes today.
MongoDB, Inc. (NASDAQ:MDB -- $280.46) operates as a general-purpose database platform worldwide. MongoDB will report its third-quarter earnings after the market closes today.
Phreesia, Inc. (NYSE:PHR -- $49.01) provides an integrated SaaS-based software and payment platform for the healthcare industry. Phreesia will report its first-quarter earnings of 2021 after the market closes today.
Here is a quick recap of how Monday's earning calls played out:
JinkoSolar Holding Co., Ltd. (NYSE:JKS -- $61.40) engages in the design, development, production, and marketing of photovoltaic products. Earnings per share increased 23.26% year over year to $1.06, which beat the estimate of $0.85. Revenue of $1,291,000,000 higher by 23.30% year over year, which missed the estimate of $1,300,000,000.
Casey's General Stores, Inc. (NASDAQ:CASY -- $191.56) operates convenience stores under the Casey's and Casey's General Store names. Earnings per share increased 35.75% year over year to $3.00, which beat the estimate of $2.80. Revenue of $2,216,000,000 declined by 10.93% from the same period last year, which beat the estimate of $2,210,000,000.
Coupa Software, Inc. (NASDAQ:COUP -- $318.15) provides cloud-based business spend management platform. Earnings per share were down 10.00% over the past year to $0.18, which beat the estimate of $0.03. Revenue of $132,964,000 rose by 30.63% from the same period last year, which beat the estimate of $124,010,000.
HealthEquity, Inc. (NASDAQ:HQY -- $70.60) provides technology-enabled services platforms to consumers and employers in the United States. Earnings per share decreased 12.77% year over year to $0.41, which beat the estimate of $0.36. Revenue of $179,351,000 up by 14.15% from the same period last year, which beat the estimate of $176,780,000.
Smartsheet, Inc. (NYSE:SMAR -- $61.56) provides cloud-based platform for execution of work. Earnings per share rose 20.00% year over year to ($0.12), which beat the estimate of ($0.21). Revenue of $98,933,000 up by 38.32% year over year, which beat the estimate of $94,590,000.
Stitch Fix, Inc. (NASDAQ:SFIX -- $35.56) sells a range of apparel, shoes, and accessories. Earnings per share rose 0.00% year over year to $0.09, which beat the estimate of ($0.20). Revenue of $490,423,000 rose by 10.25% from the same period last year, which beat the estimate of $481,170,000.
Toll Brothers, Inc. (NYSE:TOL -- $47.90) designs, builds, markets, sells, and arranges finance for luxury detached and attached homes. Earnings per share increased 9.93% year over year to $1.55, which beat the estimate of $1.23. Revenue of $2,546,000,000 higher by 7.02% year over year, which beat the estimate of $2,100,000,000.
Looking ahead to tomorrow, investor attention will shift to jobs openings and wholesale inventories data. All economic dates listed here are tentative and subject to change.