A handful of earnings are expected today
Today will come in full force as traders parse through core retail sales, the import and export price indexes, industrial production data, business inventories, and the National Association of Home Builders index.
The following companies are slated to release quarterly earnings reports today, March 16:
ChipMOS Technologies Inc. (NASDAQ:IMOS -- $27.30) researches, develops, manufactures, and sells high integration and high precision integrated circuits, and related assembly and testing services. ChipMOS will report its Q4 earnings of 2020 before the bell today.
Designer Brands Inc. (NYSE:DBI -- $15.90) designs, manufactures, and retails footwear and accessories for women, men, and kids. Designer Brands will report its Q4 earnings of 2020 before the bell today.
Jabil Inc. (NYSE:JBL -- $48.84) provides manufacturing services and solutions. Jabil will report its Q2 earnings of 2021 before the bell today.
New Fortress Energy Inc. (NASDAQ:NFE -- $42.48) operates as an integrated energy infrastructure company. New Fortress Energy will report its Q4 earnings of 2020 before the bell today.
Caleres Inc. (NYSE:CAL -- $18.98) engages in the retail and wholesale of footwear. Caleres will report its Q4 earnings of 2020 after the market closes today.
Coupa Software Inc. (NASDAQ:COUP -- $281.76) provides cloud-based business spend management platform. Coupa Software will report its Q4 earnings of 2020 after the market closes today.
CrowdStrike Holdings Inc. (NASDAQ:CRWD -- $200.55) provides cloud-delivered solutions for next-generation endpoint protection. CrowdStrike will report its Q4 earnings of 2020 after the market closes today.
Lennar Corp. (NYSE:LEN -- $90.05) operates as a homebuilder primarily under the Lennar brand. Lennar will report its Q4 earnings of 2020 after the market closes today.
Smartsheet Inc. (NYSE:SMAR -- $67.79) provides cloud-based platform for execution of work. Smartsheet will report its Q4 earnings of 2020 after the market closes today.
Here is a quick recap of how Monday's earnings reports played out compared to Wall Street's expectations:
HealthEquity Inc. (NASDAQ:HQY -- $79.17) provides range of solutions for managing health care accounts. Earnings per share rose 7.69% year over year to $0.42, which beat the estimate of $0.39. Revenue of $188,169,000 decreased by 6.48% year over year, which beat the estimate of $185,360,000.
Vuzix Corp. (NASDAQ:VUZI -- $22.12) is a supplier of Smart-Glasses and Augmented Reality technologies and products. Earnings per share rose 70.97% year over year to ($0.09), which beat the estimate of ($0.11). Revenue of $4,234,000 rose by 116.91% year over year, which beat the estimate of $4,010,000.
Looking ahead to tomorrow, the latest interest rate decision from the Federal Reserve will be the highlight of the day, with Federal Reserve Chair Jerome Powell set to give a press conference at 2:30 p.m. ET. Housing starts, building permits, and crude oil inventories are also on the docket.
All economic dates listed here are tentative and subject to change.