Today's Stock Market News & Events: 3/12/2021

Today's market-moving economic data and earnings schedule

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Today the trading week will end with with the PPI and core PPI on deck.

The following company is slated to release quarterly earnings reports today, March 12:

The Buckle Inc. (NYSE:BKE -- $40.67) operates as a retailer of casual apparel, footwear, and accessories for young men and women. Buckle will report its Q4 earnings of 2020 before the bell today.

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

Celsius Holdings Inc. (NASDAQ:CELH -- $60.55) develops, markets, distributes, and sells functional calorie-burning fitness beverages. Earnings per share increased 200.00% over the past year to $0.02, which were in line with the estimate of $0.02. Revenue of $35,665,000 up by 47.90% from the same period last year, which beat the estimate of $34,630,000.

Genesco Inc. (NYSE:GCO -- $50.87) operates as a retailer and wholesaler of footwear, apparel, and accessories. Earnings per share were down 10.68% over the past year to $2.76, which beat the estimate of $1.96. Revenue of $636,801,000 decreased by 6.02% year over year, which beat the estimate of $617,550,000.

Gogo Inc. (NASDAQ:GOGO -- $12.52) provides inflight broadband connectivity and wireless entertainment services to the aviation industry. Earnings per share were up 32.14% year over year to ($0.19), which beat the estimate of ($0.32). Revenue of $77,634,000 declined by 64.92% from the same period last year, which beat the estimate of $69,090,000.

JD.com Inc. (NASDAQ:JD -- $89.33) operates as an e-commerce company and retail infrastructure service provider. Earnings per share increased 187.50% year over year to $0.23, which beat the estimate of $0.19. Revenue of $34,380,000,000 rose by 40.23% year over year, which beat the estimate of $33,780,000,000.

Myers Industries Inc. (NYSE:MYE -- $23.98) manufactures and sells polymer products for industrial, agricultural, automotive, commercial, and consumer markets. Earnings per share fell 8.33% over the past year to $0.11, which missed the estimate of $0.16. Revenue of $137,467,000 higher by 17.68% year over year, which beat the estimate of $128,830,000.

SecureWorks Corp. (NASDAQ:SCWX -- $15.19) provides technology-driven information security solutions for protecting its customers from cyber-attacks. Earnings per share decreased 100.00% over the past year to ($0.00), which missed the estimate of $0.01. Revenue of $139,736,000 decreased by 1.58% year over year, which beat the estimate of $138,480,000.

The Shyft Group Inc. (NASDAQ:SHYF -- $34.42) manufactures and assembles specialty vehicles for the commercial vehicle and recreational vehicle industries. Earnings per share were down 42.55% over the past year to $0.27, which beat the estimate of $0.26. Revenue of $171,582,000 declined by 4.66% from the same period last year, which beat the estimate of $170,490,000.

Comtech Telecommunications Corp. (NASDAQ:CMTL -- $29.94) designs, develops, produces, and markets products, systems, and services for communications solutions. Earnings per share were down 15.62% year over year to $0.27, which beat the estimate of $0.04. Revenue of $161,292,000 declined by 0.22% from the same period last year, which beat the estimate of $137,880,000.

DocuSign Inc. (NASDAQ:DOCU -- $212.67) provides cloud based software. Earnings per share were up 208.33% over the past year to $0.37, which beat the estimate of $0.22. Revenue of $430,898,000 higher by 56.75% from the same period last year, which beat the estimate of $407,650,000.

El Pollo Loco Holdings Inc. (NASDAQ:LOCO -- $19.72) develops, franchises, licenses, and operates quick-service restaurants under the El Pollo Loco name. Earnings per share were down 11.11% over the past year to $0.15, inline with the estimate. Revenue of $110,341,000 rose by 2.60% year over year, which missed the estimate of $111,610,000.

Ulta Beauty Inc. (NASDAQ:ULTA -- $343.14) operates as a beauty retailer. Earnings per share were down 10.97% over the past year to $3.41, which beat the estimate of $2.35. Revenue of $2,199,000,000 declined by 4.64% year over year, which beat the estimate of $2,080,000,000.

Vail Resorts Inc. (NYSE:MTN -- $305.19) operates mountain resorts and urban ski areas. Earnings per share decreased 28.17% over the past year to $3.62, which beat the estimate of $2.26. Revenue of $684,644,000 declined by 25.96% year over year, which beat the estimate of $641,950,000.

Zumiez Inc. (NASDAQ:ZUMZ -- $47.50) operates as a specialty retailer of apparel, footwear, accessories, and hardgoods for young men and women. Earnings per share increased 13.51% over the past year to $1.68, which beat the estimate of $1.63. Revenue of $331,536,000 rose by 0.85% year over year, which beat the estimate of $327,270,000.

Zuora Inc. (NYSE:ZUO -- $14.35) provides cloud-based software on a subscription basis that enables companies in various industries. Earnings per share rose 77.78% year over year to ($0.02), which beat the estimate of ($0.05). Revenue of $79,287,000 rose by 12.63% from the same period last year, which beat the estimate of $76,050,000.

Looking ahead to next week, investors will digest a deluge of economic data, including retail sales, the import price index, another round of jobless claims, and a slew of housing information. All eyes will be on the Federal Reserve's latest interest rate decision on Wednesday, with Federal Reserve Chair Jerome Powell set to speak that afternoon. The earnings calendar, meanwhile, is relatively bare, though some major names are still set to report including Nike (NKE), CrowdStrike (CRWD), Dollar General (DG), FedEx (FDX), Momo (MOMO), Signet Jewelers (SIG), Tiffany & Co (TIF), and Weibo (WB). 

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

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