Today's Stock Market News & Events: 2/1/2021

Today's market-moving economic data and earnings schedule

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investors will be kept extremely busy in regard to both economic data and earnings reports this week. Concerning the former, this week begins strong with manufacturing data and housing vacancies. Heading into midweek, there's plenty of unemployment data to unpack, alongside the latest batch of the regularly anticipated initial and continuing jobless claims. Closing out the week this week, a plethora of data will be reported, including nonfarm payrolls and average hourly earnings. 

The long list of earnings reports for this week includes Alibaba (BABA), BP (BP), Capri Holdings (CPRI), Exxon Mobil (XOM), and Spotify (SPOT), alongside FAANG names Alphabet (GOOGL) and Amazon (AMZN).

Today kicks the new week off with a bang, as the final Markit manufacturing Purchasing Manager's Index (PMI) is due out alongside the ISM manufacturing index and motor vehicle sales.

The following companies are slated to release quarterly earnings reports today, February 1:

ON Semiconductor Corp. (NASDAQ:ON -- $34.49) manufactures and sells semiconductor components for various electronic devices. ON Semiconductor will report its fourth-quarter earnings of 2020 before the bell today.

Otis Worldwide Corp. (NYSE:OTIS -- $64.65) manufactures, installs, and services elevators and escalators. Otis Worldwide will report its fourth-quarter earnings of 2020 before the bell today.

Thermo Fisher Scientific, Inc. (NYSE:TMO -- $509.70) provides analytical and other instruments, laboratory equipment, software, consumables, reagents, instrument systems, chemicals, supplies, and services. Thermo Fisher Scientific will report its fourth-quarter earnings of 2020 before the bell today.

Alexandria Real Estate Equities, Inc. (NYSE:ARE -- $167.11) is an S&P 500 urban office real estate investment trust. Alexandria Real Estate Equities will report its fourth-quarter earnings of 2020 after the market closes today.

Cabot Oil & Gas Corp. (NYSE:COG -- $18.33) is an independent oil and gas company. Cabot Oil & Gas will report its fourth-quarter earnings of 2020 after the market closes today.

Cirrus Logic, Inc. (NASDAQ:CRUS -- $93.69) is a fabless semiconductor company. Cirrus Logic will report its third-quarter earnings of 2021 after the market closes today.

Credit Acceptance Corp. (NASDAQ:CACC -- $385.77) provides financing programs, and related products and services. Credit Acceptance will report its fourth-quarter earnings of 2020 after the market closes today.

Fabrinet (NYSE:FN -- $78.94) provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services. Fabrinet will report its second-quarter earnings of 2021 after the market closes today.

Harmonic, Inc. (NYSE:HLIT -- $7.76) provide video delivery software, products, system solutions, and services. Harmonic will report its fourth-quarter earnings of 2020 after the market closes today.

Independent Bank Group, Inc. (NASDAQ:IBTX -- $61.42) operates as the bank holding company for Independent Bank. Independent Bank Group will report its fourth-quarter earnings of 2020 after the market closes today.

Kemper Corp. (NYSE:KMPR -- $70.35) is a diversified insurance holding company. Kemper will report its fourth-quarter earnings of 2020 after the market closes today.

Kennametal, Inc. (NYSE:KMT -- $37.88) is manufactures and markets flow measurement, control, and communication solution. Kennametal will report its second-quarter earnings of 2021 after the market closes today.

Kilroy Realty Corp. (NYSE:KRC -- $56.63) is a leading West Coast landlord and developer. Kilroy Realty will report its fourth-quarter earnings of 2020 after the market closes today.

NXP Semiconductors N.V. (NASDAQ:NXPI -- $160.47) offers various semiconductor products. NXP Semiconductors will report its fourth-quarter earnings of 2020 after the market closes today.

Omnicell, Inc. (NASDAQ:OMCL -- $117.80) provides medication management automation solutions and adherence tools for healthcare systems and pharmacies. Omnicell will report its first-quarter earnings of 2021 after the market closes today.

PotlatchDeltic Corp. (NASDAQ:PCH -- $47.76) is a leading Real Estate Investment Trust. PotlatchDeltic will report its fourth-quarter earnings of 2020 after the market closes today.

Rambus, Inc. (NASDAQ:RMBS -- $19.00) provides semiconductor products. Rambus will report its fourth-quarter earnings of 2020 after the market closes today.

Skyline Champion Corp. (NYSE:SKY -- $33.63) operates as a factory-built housing company. Skyline Champion will report its third-quarter earnings of 2021 after the market closes today.

Vertex Pharmaceuticals, Inc. (NASDAQ:VRTX -- $229.08) engages in developing and commercializing therapies. Vertex will report its fourth-quarter earnings of 2020 after the market closes today.

Woodward, Inc. (NASDAQ:WWD -- $111.95) designs, manufactures, and services control solutions for the aerospace and industrial markets. Woodward will report its first-quarter earnings of 2021 after the market closes today.

Here is a quick recap of how last week's earnings reports played out:

Badger Meter, Inc. (NYSE:BMI) manufactures and markets flow measurement, control, and communication solution. Earnings per share rose 7.14% year over year to $0.45, which beat the estimate of $0.43. Revenue of $112,329,000 higher by 4.44% year over year, which beat the estimate of $109,150,000.

Booz Allen Hamilton Holding Corp. (NYSE:BAH) provides management and technology consulting, analytics, engineering, digital, mission operations, and cyber solutions. Earnings per share increased 30.00% year over year to $1.04, which beat the estimate of $0.93. Revenue of $1,904,000,000 higher by 2.97% year over year, which missed the estimate of $2,000,000,000.

Caterpillar, Inc. (NYSE:CAT) manufactures and sells construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. Earnings per share were down 19.39% year over year to $2.12, which beat the estimate of $1.49. Revenue of $11,235,000,000 decreased by 14.52% from the same period last year, which missed the estimate of $11,250,000,000.

Charter Communications, Inc. (NASDAQ:CHTR) provides cable services to residential and commercial customers. Earnings per share were up 84.45% over the past year to $6.05, which beat the estimate of $4.89. Revenue of $12,624,000,000 up by 7.34% from the same period last year, which beat the estimate of $12,570,000,000.

Chevron Corp. (NYSE:CVX) engages in integrated energy, chemicals, and petroleum operations. Earnings per share fell 100.67% year over year to ($0.01), which missed the estimate of $0.07. Revenue of $25,246,000,000 declined by 30.55% year over year, which missed the estimate of $26,200,000,000.

Church & Dwight Co., Inc. (NYSE:CHD) develops, manufactures, and markets household, personal care, and specialty products. Earnings per share fell 3.64% over the past year to $0.53, which beat the estimate of $0.52. Revenue of $1,295,000,000 up by 13.20% from the same period last year, which beat the estimate of $1,260,000,000.

Colgate-Palmolive Co. (NYSE:CL) manufactures and sells consumer products. Earnings per share were up 5.48% year over year to $0.77, which beat the estimate of $0.76. Revenue of $4,324,000,000 rose by 7.70% year over year, which beat the estimate of $4,140,000,000.

Eli Lilly and Co. (NYSE:LLY) discovers, develops, manufactures, and markets pharmaceutical products. Earnings per share rose 58.96% year over year to $2.75, which beat the estimate of $2.35. Revenue of $7,440,000,000 higher by 21.69% from the same period last year, which beat the estimate of $7,290,000,000.

Telefonaktiebolaget LM Ericsson (NYSE:ERIC) provides information and communications technology solutions. Earnings per share were up 68.75% year over year to $0.27, which beat the estimate of $0.21. Revenue of $8,079,000,000 up by 13.71% from the same period last year, which beat the estimate of $7,750,000,000.

First Bancorp. (NYSE:FBP) operates as the bank holding company for FirstBank Puerto Rico. Earnings per share were up 42.11% year over year to $0.27, which beat the estimate of $0.21. Revenue of $177,767,000 up by 27.04% year over year, which missed the estimate of $180,120,000.

Gentex Corp. (NASDAQ:GNTX) provides digital vision, connected car, dimmable glass, and fire protection products. Earnings per share were up 48.72% over the past year to $0.58, which beat the estimate of $0.50. Revenue of $529,864,000 higher by 19.38% year over year, which beat the estimate of $483,160,000.

Honeywell International, Inc. (NYSE:HON) operates as a diversified technology and manufacturing company. Earnings per share rose 0.49% year over year to $2.07, which beat the estimate of $2.00. Revenue of $8,900,000,000 decreased by 6.28% from the same period last year, which beat the estimate of $8,400,000,000.

Johnson Controls International plc (NYSE:JCI) is in integrated energy, chemicals, and petroleum operations. Earnings per share were up 7.50% year over year to $0.43, which beat the estimate of $0.40. Revenue of $5,341,000,000 decreased by 4.21% year over year, which beat the estimate of $5,270,000,000.

LyondellBasell Industries N.V. (NYSE:LYB) operates as a chemical company. Earnings per share were up 14.06% year over year to $2.19, which beat the estimate of $1.36. Revenue of $7,937,000,000 declined by 2.96% from the same period last year, which beat the estimate of $7,030,000,000.

Phillips 66 (NYSE:PSX) operates as an energy manufacturing and logistics company. Earnings per share decreased 175.32% over the past year to ($1.16), which missed the estimate of ($1.05). Revenue of $16,768,000,000 decreased by 43.37% from the same period last year, which beat the estimate of $16,110,000,000.

Provident Financial Services, Inc. (NYSE:PFS) operates as the holding company for Provident Bank. Earnings per share were up to $0.56, which beat the estimate of $0.36. Revenue of $88,738,000 up by 21.75% from the same period last year, which beat the estimate of $86,860,000.

RBC Bearings, Inc. (NASDAQ:ROLL) is in integrated energy, chemicals, and petroleum operations. Earnings per share were down 26.23% over the past year to $0.90, which beat the estimate of $0.85. Revenue of $145,861,000 decreased by 17.60% year over year, which beat the estimate of $141,790,000.

Roper Technologies, Inc. (NASDAQ:ROP) designs and develops software, and engineered products and solutions. Earnings per share increased 5.01% over the past year to $3.56, which beat the estimate of $3.48. Revenue of $1,510,000,000 higher by 7.86% year over year, which missed the estimate of $1,530,000,000.

SAP SE (NYSE:SAP) is in integrated energy, chemicals, and petroleum operations. Earnings per share decreased 1.47% year over year to $2.01, which beat the estimate of $1.97. Revenue of $8,991,000,000 declined by 0.29% year over year, which missed the estimate of $9,010,000,000.

Stifel Financial Corp. (NYSE:SF) is a financial services and bank holding company. Earnings per share fell 11.17% over the past year to $1.67, which beat the estimate of $1.31. Revenue of $1,060,000,000 rose by 12.26% year over year, which beat the estimate of $956,620,000.

Synchrony Financial (NYSE:SYF) operates as a consumer financial services company. Earnings per share increased 12.73% over the past year to $1.24, which beat the estimate of $0.91. Revenue of $3,659,000,000 decreased by 9.18% from the same period last year, which beat the estimate of $3,550,000,000.

Weyerhaeuser Co. (NYSE:WY) is one of the world's largest private owners of timberlands. Earnings per share increased 1500.00% year over year to $0.48, which beat the estimate of $0.46. Revenue of $2,063,000,000 up by 33.27% year over year, which beat the estimate of $1,920,000,000.

Looking ahead to tomorrow, things slow down a bit with just housing vacancies on the docket alongside a slew of earnings reports. All economic dates listed here are tentative and subject to change.

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