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Today's Stock Market News & Events: 4/15/2021

Today's market-moving economic data and earnings schedule

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Today the market will be flooded with economic data. Among the most relevant indicators are the most recent round of weekly jobless claims, the Empire State Manufacturing Index, and the Philadelphia Fed Manufacturing Index. Also on tap is retail sales, industrial production, capacity utilization and business inventories data. Plus, the  National Association of Home Builders (NAHB) index will come out. 

The following company is slated to release its quarterly earnings report today, April 15:

Bank of America Corp. (NYSE:BAC -- $39.88) provides banking and financial products and services. Bank of America will report its Q1 earnings of 2021 before the bell today.

BlackRock Inc. (NYSE:BLK -- $801.07) is a publicly owned investment manager. BlackRock will report its Q1 earnings of 2021 before the bell today.

The Charles Schwab Corp. (NYSE:SCHW -- $67.44) is a savings and loan holding company. Charles Schwab will report its Q1 earnings of 2021 before the bell today.

Citigroup Inc. (NYSE:C -- $72.91) engages in the provision of financial products and services. Citigroup will report its Q1 earnings of 2021 before the bell today.

Delta Air Lines Inc. (NYSE:DAL -- $48.17) provides scheduled air transportation for passengers and cargo. Delta Air Lines will report its Q1 earnings of 2021 before the bell today.

Home Bancshares Inc. (NYSE:HOMB -- $26.98) operates as the bank holding company for Centennial Bank. Home Bancshares will report its Q1 earnings of 2021 before the bell today.

PepsiCo Inc. (NYSE:PEP -- $142.11) operates as a food and beverage company worldwide. PepsiCo will report its Q1 earnings of 2021 before the bell today.

The Progressive Corp. (NYSE:PGR -- $97.18) provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. Progressive will report its Q1 earnings of 2021 before the bell today.

Rite Aid Corp. (NYSE:RAD -- $19.05) operates a chain of retail drugstores in the United States. Rite Aid will report its Q1 earnings of 2021 before the bell today.

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM -- $120.84) manufactures and sells integrated circuits and semiconductors. Taiwan Semiconductor will report its Q1 earnings of 2021 before the bell today.

Truist Financial Corp. (NYSE:TFC -- $59.69) provides banking and trust services in the Southeastern and Mid-Atlantic United States. Truist will report its Q1 earnings of 2021 before the bell today.

U.S. Bancorp (NYSE:USB -- $57.58) provides various financial services in the United States. U.S. Bancorp will report its Q1 earnings of 2021 before the bell today.

UnitedHealth Group Inc. (NYSE:UNH -- $375.63) operates as a diversified health care company in the United States. UnitedHealth will report its Q1 earnings of 2021 before the bell today.

Westamerica Bancorp (NASDAQ:WABC -- $63.96) operates as a bank holding company for the Westamerica Bank. Westamerica will report its Q1 earnings of 2021 during trading hours today.

Alcoa Corp. (NYSE:AA -- $33.39) produces and sells bauxite, alumina, and aluminum products. Alcoa will report its Q1 earnings of 2021 after the market closes today.

J.B. Hunt Transport Services Inc. (NASDAQ:JBHT -- $169.18) provides surface transportation and delivery services in North America. J.B. Hunt Transport will report its Q1 earnings of 2021 after the market closes today.

Marten Transport Ltd. (NASDAQ:MRTN -- $17.63) operates as a temperature-sensitive truckload carrier for shippers. Marten Transport will report its Q1 earnings of 2021 after the market closes today.

PPG Industries Inc. (NYSE:PPG -- $150.87) manufactures and distributes paints, coatings, and specialty materials. PPG Industries will report its Q1 earnings of 2021 after the market closes today.

Western Alliance Bancorp (NYSE:WAL -- $94.04) operates as the bank holding company for Western Alliance Bank. Western Alliance Bancorp will report its Q1 earnings of 2021 after the market closes today.

Here is a quick check on how yesterday's earnings announcements looked:

Bed Bath & Beyond Inc. (NASDAQ:BBBY -- $27.93) engages in the operation of retail stores and retails domestics merchandise and home furnishings. Bed Bath & Beyond reported $0.40 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.31 by $0.09. The firm earned $2.62 billion during the quarter, compared to the consensus estimate of $2.65 billion.

First Republic Bank (NYSE:FRC -- $169.93) provides private banking, private business banking, and private wealth management services. First Republic Bank reported $1.79 earnings per share for the quarter, beating analysts' consensus estimates of $1.54 by $0.25. The business earned $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion.

The Goldman Sachs Group Inc. (NYSE:GS -- $327.68) engages in global investment banking, securities, and investment management. Goldman Sachs reported $18.60 EPS for the quarter, beating the consensus estimate of $10.22 by $8.38. The business earned $17.70 billion during the quarter, compared to analysts' expectations of $11.74 billion.

JPMorgan Chase & Co. (NYSE:JPM -- $154.09) provides financial and investment banking services. JPMorgan Chase reported $4.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.10 by $1.40. The firm earned $32.30 billion during the quarter, compared to analysts' expectations of $29.97 billion.

The Lovesac Co. (NASDAQ:LOVE -- $65.74) is a technology driven, omni-channel company. Lovesac will report reported $1.37 earnings per share for the quarter, topping analysts' consensus estimates of $0.56 by $0.81. The business had revenue of $129.70 million for the quarter, compared to the consensus estimate of $116.13 million.

Wells Fargo & Co. (NYSE:WFC -- $39.79) provides banking, investment, mortgage, and consumer and commercial finance products and services. Wells Fargo reported $1.05 earnings per share for the quarter, beating analysts' consensus estimates of $0.59 by $0.46. The company had revenue of $18.06 billion for the quarter, compared to the consensus estimate of $17.42 billion.

Shaw Communications Inc. (NYSE:SJR -- $26.87) operates as a connectivity company in North America. Shaw reported $0.43 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.26 by $0.17. The business had revenue of $1.39 billion for the quarter, compared to analysts' expectations of $1.38 billion.

Looking ahead to tomorrow, the week will wrap up with building permits and housing starts data, as well as the preliminary consumer sentiment index. All economic dates listed here are tentative and subject to change.

 

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