Today's Stock Market News & Events: 5/18/2021

Today's market-moving economic data and earnings schedule

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Today investors will zoom in on the latest round of building permits and housing starts data.

The following public companies are slated to release quarterly earnings reports today, May 18:

Baidu Inc. (NASDAQ:BIDU -- $189.20) provides internet search services primarily in China. Baidu will report its Q1 earnings of 2021 before the bell today.

Baozun Inc. (NASDAQ:BZUN -- $32.07) provides e-commerce solutions to brand partners in the People's Republic of China. Baozun will report its Q1 earnings of 2021 before the bell today.

DouYu International Holdings Ltd. (NASDAQ:DOYU -- $7.87) operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming services in China. DouYu will report its Q1 earnings of 2021 before the bell today.

Home Depot Inc. (NYSE:HD -- $320.01) operates as a home improvement retailer. Home Depot will report its Q1 earnings of 2021 before the bell today.

HUYA Inc. (NYSE:HUYA -- $15.47) operates game live streaming platforms in the People's Republic of China. HUYA will report its Q1 earnings of 2021 before the bell today.

iQIYI Inc. (NASDAQ:IQ -- $12.65) provides online entertainment services under the iQIYI brand in the People's Republic of China. iQIYI will report its Q1 earnings of 2021 before the bell today.

Kingsoft Cloud Holdings Ltd. (NASDAQ:KC -- $37.04) operates as a clinical-stage biopharmaceutical company. Kingsoft Cloud will report its Q1 earnings of 2021 before the bell today.

Macy's Inc. (NYSE:M -- $19.16) operates stores, websites, and mobile applications under the Macy's, Bloomingdale's, and bluemercury brands. Macy's will report its Q1 earnings of 2021 before the bell today.

NetEase Inc. (NASDAQ:NTES -- $104.90) provides online services focusing on gaming, communication, and commerce. NetEase will report its Q1 earnings of 2021 before the bell today.

Sea Ltd. (NYSE:SE -- $218.84) engages in the digital entertainment, e-commerce, and digital financial service businesses. Sea will report its Q1 earnings of 2021 before the bell today.

Walmart Inc. (NYSE:WMT -- $138.89) engages in the operation of retail, wholesale, and other units. Walmart will report its Q1 earnings of 2021 before the bell today.

Agilysys Inc. (NASDAQ:AGYS -- $47.18) operates as a developer and marketer of hardware and software products and services to the hospitality industry. Agilysys will report its Q1 earnings of 2021 after the market closes today.

Steris plc (NYSE:STE -- $196.57) provides infection prevention and other procedural products and services. Steris will report its Q1 earnings of 2021 after the market closes today.

Take-Two Interactive Software Inc. (NASDAQ:TTWO -- $168.22) develops, publishes, and markets interactive entertainment solutions for consumers. Take-Two will report its Q1 earnings of 2021 after the market closes today.

Trip.com Group Ltd. (NASDAQ:TCOM -- $38.92) operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours and in-destination, corporate travel management, and other travel-related services. Trip.com Group will report its Q1 earnings of 2021 after the market closes today.

Here is a quick look at how earnings played out for the companies that reported yesterday, May 17:

Annexon Inc. (NASDAQ:ANNX -- $20.53) operates as a clinical-stage biopharmaceutical company. Annexon reported ($0.68) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.65) by $0.03. Annexon has generated $0.00 earnings per share over the last year.

Ebix Inc. (NASDAQ:EBIX -- $28.53) provides on-demand software and e-commerce services and solutions to insurance, financial, healthcare, and e-learning industries. Ebix reported $0.84 earnings per share for the quarter, missing analysts' consensus estimates of $0.96 by $0.12. The company had revenue of $290 million for the quarter, compared to analysts' expectations of $159 million.

Hostess Brands Inc. (NASDAQ:TWNK -- $15.71) operates as a packaged food company. Hostess Brands reported $0.20 EPS for the quarter, beating the consensus estimate of $0.19 by $0.01. The company earned $265.40 million during the quarter, compared to analyst estimates of $256.74 milliony.

Purple Innovation Inc. (NASDAQ:PRPL -- $31.20) designs and manufactures mattresses, pillows, and cushions. Purple Innovation reported $0.17 EPS for the quarter, topping the consensus estimate of $0.11 by $0.06. The firm earned $186.40 million during the quarter, compared to the consensus estimate of $166.25 million.

Zentalis Pharmaceuticals Inc. (NASDAQ:ZNTL -- $58.82) operates as a clinical-stage biopharmaceutical company. Zentalis Pharmaceuticals reported ($1.24) earnings per share for the quarter, missing the consensus estimate of ($0.97) by $0.27. Zentalis Pharmaceuticals has generated $0.00 earnings per share over the last year.

Danimer Scientific Inc. (NYSE:DNMR -- $17.72) operates as a next generation bioplastics company. Danimer Scientific reported ($0.26) earnings per share (EPS) for the quarter. The company earned $12.03 million during the quarter.

The ExOne Co. (NASDAQ:XONE -- $19.22) develops, manufactures, and markets three-dimensional (3D) printing machines, 3D printed and other products, materials, and services. ExOne reported ($0.29) EPS for the quarter, missing analysts' consensus estimates of ($0.21) by $0.08. The business earned $13.02 million during the quarter, compared to the consensus estimate of $14.31 million.

Fisker Inc. (NYSE:FSR -- $10.50) focuses on design, development, manufacture, and sale of electric vehicles. Fisker reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.08) by $0.03.

GAN Ltd. (NASDAQ:GAN -- $16.04) operates as a business-to-business supplier of internet gambling software-as-a-service solutions to online casino gaming and online sports betting applications. GAN reported ($0.11) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by $0.09. The business earned $27.84 million during the quarter, compared to analyst estimates of $24.81 million.

Tencent Music Entertainment Group (NYSE:TME -- $15.21) operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. Tencent Music reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.59. The company had revenue of $7.82 billion for the quarter, compared to analysts' expectations of $7.77 billion.

Looking ahead to tomorrow, Wednesday will be a relatively bare day, due out will be the FOMC meeting minutes.

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

Make the Most of the next Expiration Week Countdown!


 




 
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