Schaeffer's Top Stock Picks for '25

Today's Stock Market News & Events: 3/5/2021

Today's market-moving economic data and earnings schedule

facebook X logo linkedin


Today will feature nonfarm payrolls, unemployment rate data, and trade deficit data.

The following companies are slated to release quarterly earnings reports today, March 5:

Big Lots Inc. (NYSE:BIG -- $60.69) operates as a retailer in the United States. Big Lots will report its fourth-quarter earnings of 2020 before the bell today.

GSX Techedu Inc. (NYSE:GSX -- $83.95) is a technology-driven education company. GSX Techedu will report its fourth-quarter earnings of 2020 before the bell today.

Hibbett Sports Inc. (NASDAQ:HIBB -- $60.37) engages in the retail of athletic-inspired fashion products. Hibbett Sports will report its fourth-quarter earnings of 2020 before the bell today.

Here is a quick recap of how yesterday's earnings reports played out compared to Wall Street's expectations:

Baozun Inc. (NASDAQ:BZUN -- $45.92) provides e-commerce solutions to brand partners. Earnings per share were up 41.03% year over year to $0.55, which missed the estimate of $0.56. Revenue of $512,904,000 rose by 28.25% year over year, which missed the estimate of $521,980,000.

BJ's Wholesale Club Holdings Inc. (NYSE:BJ -- $38.60) operates warehouse clubs. Earnings per share were up 75.00% year over year to $0.70, which beat the estimate of $0.67. Revenue of $3,947,000,000 rose by 13.68% year over year, which beat the estimate of $3,940,000,000.

Burlington Stores Inc. (NYSE:BURL -- $253.61) operates as a retailer of branded apparel products. Earnings per share fell 24.92% over the past year to $2.44, which beat the estimate of $2.12. Revenue of $2,283,000,000 up by 3.35% year over year, which beat the estimate of $2,080,000,000.

CRA International Inc. (NASDAQ:CRAI -- $59.04) provides economic, financial, and management consulting services. Earnings per share were up 23.38% over the past year to $0.95, which beat the estimate of $0.77. Revenue of $137,422,000 higher by 15.23% from the same period last year, which beat the estimate of $128,270,000.

Ciena Corp. (NYSE:CIEN -- $50.56) provides network hardware, software, and services that support the transport, routing, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks. Earnings per share increased 0.00% over the past year to $0.52, which beat the estimate of $0.45. Revenue of $757,130,000 declined by 9.10% from the same period last year, which beat the estimate of $749,550,000.

GMS Inc. (NYSE:GMS -- $36.85) distributes wallboards, suspended ceilings systems, and complementary building products. Earnings per share rose 15.38% over the past year to $0.60, which beat the estimate of $0.51. Revenue of $751,191,000 decreased by 1.33% year over year, which beat the estimate of $728,440,000.

The Kroger Inc. (NYSE:KR -- $33.25) operates as a retailer. Earnings per share were up 42.11% over the past year to $0.81, which beat the estimate of $0.69. Revenue of $30,737,000,000 up by 6.38% from the same period last year, which missed the estimate of $30,860,000,000.

The Toro Co. (NYSE:TTC -- $100.20) designs, manufactures, and markets professional and residential equipment. Earnings per share increased 32.81% over the past year to $0.85, which beat the estimate of $0.75. Revenue of $872,986,000 higher by 13.75% year over year, which beat the estimate of $851,380,000.

Broadcom Inc. (NYSE:AVGO -- $463.06) designs, develops, and supplies semiconductor infrastructure software solutions. Earnings per share increased 25.90% year over year to $6.61, which beat the estimate of $6.55. Revenue of $6,655,000,000 up by 13.61% year over year, which beat the estimate of $6,610,000,000.

The Cooper Co. Inc. (NYSE:COO -- $381.11) operates as a medical device company. Earnings per share rose 17.84% year over year to $3.17, which beat the estimate of $2.78. Revenue of $680,500,000 up by 5.31% from the same period last year, which beat the estimate of $660,670,000.

Costco Wholesale Corp. (NASDAQ:COST -- $323.92) engages in the operation of membership warehouses. Earnings per share were up 1.90% year over year to $2.14, which missed the estimate of $2.45. Revenue of $44,769,000,000 higher by 14.58% from the same period last year, which beat the estimate of $43,780,000,000.

Fulgent Genetics Inc. (NASDAQ:FLGT -- $92.79) provides genetic testing services to physicians with clinically actionable diagnostic information. Earnings per share were up 15400.00% year over year to $6.20, which beat the estimate of $4.05. Revenue of $294,978,000 rose by 3417.09% year over year, which beat the estimate of $199,440,000.

The Gap Inc. (NYSE:GPS -- $25.75) operates as an apparel retail company. Earnings per share were down 51.72% year over year to $0.28, which beat the estimate of $0.18. Revenue of $4,424,000,000 decreased by 5.35% year over year, which missed the estimate of $4,660,000,000.

Guidewire Software Inc. (NYSE:GWRE -- $109.66) provides software products for property and casualty insurers. Earnings per share fell 47.62% over the past year to $0.11, which beat the estimate of ($0.01). Revenue of $180,062,000 higher by 3.81% from the same period last year, which beat the estimate of $170,290,000.

Manchester United plc. (NYSE:MANU -- $19.54) owns and operates a professional sports team. Earnings per share increased 38.10% year over year to $0.29, which beat the estimate of ($4.00). Revenue of $228,197,000 up by 1.85% from the same period last year, which beat the estimate of $219,070,000.

Playa Hotels & Resorts N.V. (NASDAQ:PLYA -- $6.99) owns, operates, and develops all-inclusive resorts in prime beachfront locations in various vacation destinations. Earnings per share fell 450.00% over the past year to ($0.44), which beat the estimate of ($0.45). Revenue of $66,243,000 declined by 53.94% year over year, which beat the estimate of $59,030,000.

Quanex Building Products Corp. (NYSE:NX -- $24.68) provides components for the fenestration industry. Earnings per share increased 575.00% over the past year to $0.27, which beat the estimate of $0.06. Revenue of $230,147,000 up by 17.07% year over year, which beat the estimate of $201,370,000.

Slack Technologies Inc. (NYSE:WORK -- $40.25) operates Slack, a business technology software platform. Earnings per share were up 75.00% over the past year to ($0.01), which beat the estimate of ($0.03). Revenue of $250,598,000 up by 37.76% year over year, which beat the estimate of $239,410,000.

SmileDirectClub Inc. (NASDAQ:SDC -- $10.90) operates a teledentistry platform. Earnings per share were up 64.00% over the past year to ($0.09), which beat the estimate of ($0.10). Revenue of $172,577,000 declined by 6.21% year over year, which missed the estimate of $181,100,000.

Smith & Wesson Brands Inc. (NASDAQ:SWBI -- $16.31) designs, manufactures, and sells firearms. Earnings per share rose 761.54% year over year to $1.12, which beat the estimate of $0.76. Revenue of $257,600,000 rose by 54.53% from the same period last year, which beat the estimate of $236,700,000.

Looking ahead to next week, all eyes will be focused on jobs inflation data. It's safe to say another eventful earnings season has come and gone as well, though several names will be scattered throughout next week, including reports from Reddit darling AMC Entertainment (AMC), Campbell Soup (CPB), Cloudera (CLDR), Dick's Sporting Goods (DKS), JD.com (JD), Stitch Fix (SFIX), Ulta Beauty (ULTA), and Wheaton Precious Metals (WPM). The Federal Budget Balance will also capture trader's attention, slated for release next Wednesday, March 10. 

All economic dates listed here are tentative and subject to change.

 
 

You have the chance to join one of Bernie's most exclusive programs, complete access at HUGE savings!

As we prepare for a new administration to take the reins in Washington, the near-term market landscape is rife with uncertainty.

The Federal Reserve has already hinted at the turbulence ahead, lowering its interest rate outlook for 2025.

Meanwhile, breakthroughs in artificial intelligence (AI), quantum computing, and other transformative sectors have unlocked incredible profit potential.

But these opportunities are fleeting, and timing is everything. That's where Quick-Hit Trader comes in.

Quick-Hit Trader is designed for precision and speed, getting you in and out of the market in a flash. While other investors scramble to navigate volatile conditions, you'll have access to expertly curated trades that leverage these rapid shifts to deliver explosive profits in short order.

This is your chance to capitalize on the fast-moving market like never before. Are you ready to make your move?