Earnings expected from Aphria
Investors are looking ahead to a slew of economic data slated for release this week. Wall Street has several indicators to keep an eye on, including the Federal budget balance, the Fed's "Beige Book," the latest round of jobless claims, as well as the Empire State Manufacturing Index. Plus, business inventories, retail sales and industrial production data will be coming out, among other relevant figures.
The earnings docket for this week is also full, with several major names set to step into the confessional, including Aphria (APHA), Bed Bath & Beyond (BBBY), Citigroup (C), Delta Airlines (DAL), Goldman Sachs (GS) and UnitedHealth (UNH), to name just a few.
The week will kick off quietly with the Federal budget balance is due out.
The following company is slated to release its quarterly earnings report today, April 12:
Aphria Inc. (NASDAQ:APHA -- $16.28) engages in the production and supply of medical cannabis. Aphria will report its Q3 earnings of 2021 before the bell today.
Here is a quick check on how Friday's earnings announcement looked:
JinkoSolar Holding Inc. (NYSE:JKS -- $38.86) engages in the design, development, production, and marketing of photovoltaic products. JinkoSolar Holding reported $0.11 EPS for the quarter, missing the consensus estimate of $0.36 by $0.25. The company had revenue of $1.44 billion for the quarter, compared to the consensus estimate of $1.38 billion. Its revenue for the quarter was up 5.5% on a year-over-year basis.
Looking ahead to tomorrow, investors have both the consumer price index (CPI) and the core CPI to look forward to. Separately, the National Federation of Independent Business' (NFIB) small-business index will be released. All economic dates listed here are tentative and subject to change.