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Today's Stock Market News & Events: 3/25/2021

Today's market-moving economic data and earnings schedule

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Today will feature another round of jobless claims, along with the latest gross domestic product (GDP) reading.

The following companies are slated to release quarterly earnings report today, March 25:

Darden Restaurants Inc. (NYSE:DRI -- $133.93) owns and operates full-service restaurants in the United States and Canada. Darden Restaurants will report its Q3 earnings of 2021 before the bell today.

Momo Inc. (NASDAQ:MOMO -- $14.54) operates a mobile-based social and entertainment platform in the People's Republic of China. Momo will report its Q4 earnings of 2020 before the bell today.

GAN Ltd. (NASDAQ:GAN -- $23.05) operates as a business-to-business supplier of internet gambling software-as-a-service solutions to online casino gaming and online sports betting applications in the United States. GAN will report its Q4 earnings of 2020 after the close today.

Oxford Industries Inc. (NYSE:OXM -- $80.65) designs, sources, markets, and distributes products of company owned and licensed brands, and private label apparel products. Oxford Industries will report its Q4 earnings of 2020 after the close today.

Progress Software Corp. (NASDAQ:PRGS -- $41.82) develops business applications. Progress Software will report its Q1 earnings of 2021 after the close today.

Science Applications International Corp. (NYSE:SAIC -- $94.83) provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. Science Applications will report its Q4 earnings of 2020 after the close today.

Here is a quick recap of how yesterday's earnings announcements compared to expectations:

General Mills Inc. (NYSE:GIS -- $61.19) engages in the manufacture and marketing of branded consumer foods sold through retail stores. Earnings per share were up 6.49% year over year to $0.82, which missed the estimate of $0.84. Revenue of $4,520,000,000 higher by 8.13% from the same period last year, which beat the estimate of $4,450,000,000.

Winnebago Industries Inc. (NYSE:WGO -- $77.15) manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. Earnings per share rose 216.42% over the past year to $2.12, which beat the estimate of $1.41. Revenue of $839,886,000 higher by 33.99% from the same period last year, which beat the estimate of $805,230,000.

Worthington Industries Inc. (NYSE:WOR -- $64.17) operates as a metals manufacturing company. Earnings per share rose 112.50% year over year to $1.36, which beat the estimate of $1.25. Revenue of $759,109,000 decreased by 0.64% from the same period last year, which missed the estimate of $872,500,000.

H.B. Fuller Co. (NYSE:FUL -- $58.18) formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products. Earnings per share increased 94.12% over the past year to $0.66, which beat the estimate of $0.47. Revenue of $725,904,000 higher by 12.27% from the same period last year, which beat the estimate of $680,100,000.

KB Home (NYSE:KBH -- $43.36) operates as a homebuilding company in the United States. Earnings per share rose 61.90% year over year to $1.02, which beat the estimate of $0.92. Revenue of $1,142,000,000 up by 6.13% year over year, which missed the estimate of $1,210,000,000.

Shoe Carnival Inc. (NASDAQ:SCVL -- $54.44) operates as a family footwear retailer in the United States. Earnings per share increased 116.67% year over year to $0.52, which beat the estimate of $0.51. Revenue of $253,897,000 up by 5.85% from the same period last year, which missed the estimate of $253,900,000.

Looking ahead to tomorrow, an onslaught of economic data is due out on Friday, including reports on personal income, consumer spending, core inflation, trade in goods and the consumer sentiment index. All economic dates listed here are tentative and subject to change.

 

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