Today's Stock Market News & Events: 5/20/2021

Today's market-moving economic data and earnings schedule

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Today comes with more initial and continuing jobless claims data. In addition, the Philadelphia Fed Manufacturing Index is due out, as well as leading economic indicators. 

The following public companies are slated to release quarterly earnings reports today, May 20:

Advanced Drainage Systems Inc. (NYSE:WMS -- $105.82) designs, manufactures, and markets thermoplastic corrugated pipes and related water management products, and drainage solutions for use in the underground construction and infrastructure marketplace. Advanced Drainage will report its Q4 earnings of 2021 before the bell today.

BJ's Wholesale Club Holdings Inc. (NYSE:BJ -- $48.58) operates warehouse clubs on the east coast of the United States. BJ's Wholesale will report its Q1 earnings of 2021 before the bell today.

Brady Corp. (NYSE:BRC -- $54.96) manufactures and supplies identification solutions (IDS) and workplace safety (WPS) products. Brady will report its Q1 earnings of 2021 before the bell today.

Canadian Solar Inc. (NASDAQ:CSIQ -- $36.96) Canadian Solar Inc. (NASDAQ:CSIQ -- $36.96) operates as a real-estate investment trust. Canadian Solar will report its Q1 earnings of 2021 before the bell today. Canadian Solar will report its Q1 earnings of 2021 before the bell today.

Hormel Foods Corp. (NYSE:HRL -- $45.97) produces and markets various meat and food products. Hormel Foods will report its Q2 earnings of 2021 before the bell today.

Kohl's Corp. (NYSE:KSS -- $60.25) operates as a retail company in the United States. Kohl's will report its Q1 earnings of 2021 before the bell today.

Lightspeed POS Inc. (NYSE:LSPD -- $57.44) provides commerce enabling Software as a Service (SaaS) platform for small and midsize businesses, retailers, restaurants, and golf course operators. Lightspeed will report its Q4 earnings of 2021 before the bell today.

Monro Inc. (NASDAQ:MNRO -- $65.98) provides automotive undercar repair, and tire sales and services in the United States. Monro will report its Q1 earnings of 2021 before the bell today.

Petco Health and Wellness Co. Inc. (NASDAQ:WOOF -- $25.74) operates as a retailer of premium pet consumables, supplies, and companion animals and services. Petco Health and Wellness will report its Q1 earnings of 2021 before the bell today.

Ralph Lauren Corp. (NYSE:RL -- $131.05) designs, markets, and distributes lifestyle products. Ralph Lauren will report its Q1 earnings of 2021 before the bell today.

The Children's Place Inc. (NASDAQ:PLCE -- $88.55) operates as a children's specialty apparel retailer. The Children's Place will report its Q4 earnings of 2021 before the bell today.

Triumph Group Inc. (NYSE:TGI -- $16.45) designs, engineers, manufactures, repairs, overhauls, and distributes aerostructures, aircraft components, accessories, subassemblies, and systems. Triumph Group will report its Q1 earnings of 2021 before the bell today.

Apollo Investment Corp. (NASDAQ:AINV -- $14.59) operates as a business development company specializing in middle market companies. Apollo Investment will report its Q1 earnings of 2021 after the market closes today.

Applied Materials Inc. (NASDAQ:AMAT -- $124.80) provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. Applied Materials will report its Q2 earnings of 2021 after the market closes today.

Deckers Outdoor Corp. (NYSE:DECK -- $323.16) designs, markets, and distributes footwear, apparel, and accessories for casual lifestyle use and high performance activities. Deckers Outdoor will report its Q4 earnings of 2021 after the market closes today.

Flowers Foods Inc. (NYSE:FLO -- $24.68) produces and markets packaged bakery products in the United States. Flowers Foods will report its Q1 earnings of 2021 after the market closes today.

Palo Alto Networks Inc. (NYSE:PANW -- $335.58) provides cybersecurity platform solutions. Palo Alto Networks will report its Q3 earnings of 2021 after the market closes today.

Ross Stores Inc. (NYSE:ROST -- $125.14) operates off-price retail apparel and home fashion stores under the Ross Dress for Less and dd's DISCOUNTS brands. Ross Stores will report its Q1 earnings of 2021 after the market closes today.

The following companies reported quarterly earnings yesterday, May 19:

Analog Devices Inc. (NASDAQ:ADI -- $145.89) designs, manufactures, tests, and markets integrated circuits (ICs), software, and subsystems that leverage analog, mixed-signal, and digital signal processing technologies. Analog Devices reported $1.54 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.45 by $0.09. The firm had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.60 billion.

CAE Inc. (NYSE:CAE -- $29.92) engages in the provision of digital immersion and training services for the civil aviation, defense and security, and healthcare markets. CAE reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.05. The business earned $832.40 million during the quarter, compared to analyst estimates of $822.43 million.

Eagle Materials Inc. (NYSE:EXP -- $147.57) produces and supplies heavy construction materials, light building materials, and materials used for oil and natural gas extraction in the United States. Eagle Materials reported $1.56 EPS for the quarter, beating analysts' consensus estimates of $1.32 by $0.24. The company had revenue of $343.30 million for the quarter, compared to analyst estimates of $332.37 million.

Endava plc (NYSE:DAVA -- $90.99) provides technology services for clients in the consumer products, healthcare, logistics, and retail verticals. Endava reported $0.34 EPS for the quarter, beating the consensus estimate of $0.28 by $0.06. The business earned $112.30 million during the quarter, compared to analysts' expectations of $111.21 million.

Lowe's Company Inc. (NYSE:LOW -- $192.75) operates as a home improvement retailer. Lowe's reported $3.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.52 by $0.69. The firm earned $24.42 billion during the quarter, compared to analyst estimates of $22.91 billion.

Target Corp. (NYSE:TGT -- $206.43) operates as a general merchandise retailer in the United States. Target reported $3.69 EPS for the quarter, beating the consensus estimate of $2.07 by $1.62. The company had revenue of $23.88 billion for the quarter, compared to the consensus estimate of $21.13 billion.

The TJX Company Inc. (NYSE:TJX -- $71.14) operates as an off-price apparel and home fashions retailer. TJX reported $0.44 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.31 by $0.13. The firm earned $10.09 billion during the quarter, compared to the consensus estimate of $8.34 billion.

Vipshop Holdings Ltd. (NYSE:VIPS -- $24.69) operates as an online discount retailer for various brands in the People's Republic of China. Vipshop reported $2.41 earnings per share for the quarter, beating analysts' consensus estimates of $0.34 by $2.07. The company had revenue of $27.22 billion for the quarter, compared to the consensus estimate of $28.01 billion.

Cisco Systems Inc. (NASDAQ:CSCO -- $52.93) designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry. Cisco reported $0.83 EPS for the quarter, beating analysts' consensus estimates of $0.82 by $0.01. The firm earned $12.80 billion during the quarter, compared to the consensus estimate of $12.57 billion.

Copart Inc. (NASDAQ:CPRT -- $121.17) provides online auctions and vehicle remarketing services. Copart reported $1.09 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.29. The business had revenue of $733.90 million for the quarter, compared to the consensus estimate of $623.52 million.

GDS Holdings Ltd. (NASDAQ:GDS -- $79.17) develops and operates data centers in the People's Republic of China. GDS Holdings reported ($0.21) earnings per share for the quarter, missing analysts' consensus estimates of ($0.12) by $0.09. The firm earned $1.63 billion during the quarter, compared to analyst estimates of $1.64 billion.

KE Holdings Inc. (NYSE:BEKE -- $50.26) engages in operating an integrated online and offline platform for housing transactions and services in the People's Republic of China. KE Holdings reported $1.25 earnings per share for the quarter, topping the consensus estimate of $0.08 by $1.17. The firm had revenue of $20.70 billion for the quarter, compared to the consensus estimate of $18.96 billion.

Keysight Technologies Inc. (NYSE:KEYS -- $138.39) provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries. Keysight reported $1.44 earnings per share for the quarter, beating analysts' consensus estimates of $1.34 by $0.10. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.20 billion.

L Brands Inc. (NYSE:LB -- $69.49) operates as a retailer of home fragrance products, body care products, soaps and sanitizers, women's intimate and other apparel, and personal and beauty care products. L Brands reported $1.25 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.27. The firm had revenue of $3.02 billion for the quarter, compared to the consensus estimate of $2.84 billion.

Shoe Carnival Inc. (NASDAQ:SCVL -- $63.44) operates as a family footwear retailer in the United States. Shoe Carnival reported $3.02 EPS for the quarter, topping the consensus estimate of $1.40 by $1.62. The firm had revenue of $328.50 million for the quarter, compared to the consensus estimate of $273.04 million.

Sociedad Química y Minera de Chile S.A. (NYSE:SQM -- $46.20) produces and distributes specialty plant nutrients, iodine and its derivatives, lithium and its derivatives, potassium chloride and sulfate, industrial chemicals, and other products and services. Sociedad Química y Minera de Chile reported $0.25 EPS for the quarter, topping the consensus estimate of $0.20 by $0.05. The business earned $513.80 million during the quarter, compared to the consensus estimate of $485.76 million.

Synopsys Inc. (NASDAQ:SNPS -- $46.20) provides electronic design automation software products used to design and test integrated circuits. Synopsys reported $1.70 EPS for the quarter, beating the consensus estimate of $1.53 by $0.17. The business earned $1.02 billion during the quarter, compared to the consensus estimate of $988.20 million.

ZTO Express (Cayman) Inc. (NYSE:ZTO -- $31.41) provides express delivery and other value-added logistics services in the People's Republic of China. ZTO Express reported $1.55 EPS for the quarter, missing analysts' consensus estimates of $1.78 by $0.23. The business earned $1.27 billion during the quarter.

Looking ahead to tomorrow, investors will be closing out the week, featuring the Markit manufacturing purchasing managers' index (PMI), Markit services PMI, and existing home sales.

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

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