Today's Stock Market News & Events: 3/19/2021

Today's market-moving economic data and earnings schedule

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The trading week will close out with a barren economic data schedule today. 

The following company is slated to release its quarterly earnings report today, March 19:

Embraer S.A. (NYSE:ERJ -- $10.00) designs, develops, manufactures, and sells aircrafts and systems. Embraer will report its Q4 earnings of 2020 before the bell today.

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

Accenture plc. (NYSE:ACN -- $264.27) provides strategy and consulting, interactive, and technology and operations services. Earnings per share were up 6.28% over the past year to $2.03, which beat the estimate of $1.90. Revenue of $12,088,000,000 higher by 8.49% year over year, which beat the estimate of $11,830,000,000.

Canadian Solar Inc. (NASDAQ:CSIQ -- $41.40) designs, develops, manufactures, and sells solar ingots, wafers, cells, modules, and other solar power products. Earnings per share fell 90.18% over the past year to $0.11, which beat the estimate of ($0.55). Revenue of $1,040,000,000 higher by 13.08% year over year, which beat the estimate of $997,880,000.

Commercial Metals Co. (NYSE:CMC -- $28.35) manufactures, recycles, and fabricates steel and metal products, and related materials and services. Earnings per share were up 24.53% over the past year to $0.66, which beat the estimate of $0.59. Revenue of $1,462,000,000 up by 9.02% from the same period last year, which beat the estimate of $1,460,000,000.

Dollar General Corp. (NYSE:DG -- $187.51) provides various merchandise products. Earnings per share were up 24.76% year over year to $2.62, which missed the estimate of $2.72. Revenue of $8,415,000,000 higher by 17.56% year over year, which beat the estimate of $8,300,000,000.

G-III Apparel Group Ltd. (NASDAQ:GIII -- $31.38) designs, sources, and markets women's and men's apparel. Earnings per share decreased 60.00% over the past year to $0.30, which beat the estimate of $0.23. Revenue of $526,242,000 declined by 30.26% year over year, which missed the estimate of $533,670,000.

HeadHunter Group plc. (NASDAQ:HHR -- $33.37) operates an online recruitment platform. Earnings per share decreased 25.00% year over year to $0.18, which beat the estimate of $0.17. Revenue of $33,159,000 decreased by 0.66% from the same period last year, which beat the estimate of $33,090,000.

Signet Jewelers Ltd. (NYSE:SIG -- $59.35) engages in the retail sale of diamond jewelry, watches, and other products. Earnings per share increased 13.08% year over year to $4.15, which beat the estimate of $3.54. Revenue of $2,187,000,000 rose by 1.58% from the same period last year, which beat the estimate of $2,100,000,000.

Titan Machinery Inc. (NASDAQ:TITN -- $28.14) owns and operates a network of full-service agricultural and construction equipment stores. Earnings per share were up 1050.00% over the past year to $0.23, which beat the estimate of $0.13. Revenue of $436,678,000 up by 24.42% from the same period last year, which beat the estimate of $369,600,000.

Weibo Corp. (NASDAQ:WB -- $50.44) operates as a social media platform for people to create, distribute, and discover content in the People's Republic of China. Earnings per share rose 19.48% year over year to $0.92, which beat the estimate of $0.74. Revenue of $513,410,000 higher by 9.67% year over year, which beat the estimate of $499,050,000.

FedEx Corp. (NYSE:FDX -- $265.84) engages in the provision of a portfolio of transportation, e-commerce, and business services. Earnings per share were up 146.10% year over year to $3.47, which beat the estimate of $3.24. Revenue of $21,510,000,000 higher by 23.01% year over year, which beat the estimate of $19,960,000,000.

NIKE Inc. (NYSE:NKE -- $144.82) engages in the design, development, marketing, and sale of athletic footwear, apparel, accessories, equipment, and services. Earnings per share rose 15.38% over the past year to $0.90, which beat the estimate of $0.76. Revenue of $10,357,000,000 rose by 2.50% from the same period last year, which missed the estimate of $11,020,000,000.

Ollie's Bargain Outlet Holdings Inc. (NASDAQ:OLLI -- $90.23) operates as a retailer of brand name merchandise. Earnings per share rose 31.08% year over year to $0.97, which beat the estimate of $0.85. Revenue of $515,763,000 up by 22.09% from the same period last year, which beat the estimate of $488,370,000.

Scholastic Corp. (NASDAQ:SCHL -- $30.55) publishes and distributes children's books. Earnings per share increased 58.82% year over year to ($0.14), which beat the estimate of ($0.75). Revenue of $277,500,000 decreased by 25.66% from the same period last year, which missed the estimate of $279,900,000.

Looking ahead to next week, the week will be jam packed with these indicators, including new and existing home sales, data on goods orders, the Markit manufacturing Purchasing Managers Index (PMI), and of course, another round of weekly jobless claims. Inflation data on Friday will also be closely watched, as interest rates and inflation continue to have a strong sway over market movement. On the earnings front, things will be quiet, though several reports will trickle out from Adobe (ADBE), Carnival (CCL), GameStop (GME), Jefferies (JEF), KB Home (KBH), and Tencent Music (TME). 

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

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