Schaeffer's Top Stock Picks for '25

Today's Stock Market News & Events: 5/21/2021

Today's market-moving economic data and earnings schedule

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Today investors will be closing out the week, focusing on the Markit manufacturing purchasing managers' index (PMI), Markit services PMI, and existing home sales.

The following public companies are slated to release quarterly earnings reports today, May 21:

Booz Allen Hamilton Holding Corp. (NYSE:BAH -- $82.06) provides management and technology consulting, analytics, engineering, digital, mission operations, and cyber solutions. Booz Allen Hamilton will report its Q4 earnings of 2021 before the bell today.

The Buckle Inc. (NYSE:BKE -- $39.87) operates as a retailer of casual apparel, footwear, and accessories for young men and women in the United States. Buckle will report its Q1 earnings of 2021 before the bell today.

Deere & Co. (NYSE:DE -- $355.22) manufactures and distributes various equipment. Deere will report its Q2 earnings of 2021 before the bell today.

Foot Locker Inc. (NYSE:FL -- $59.70) operates as an athletic footwear and apparel retailer. Foot Locker will report its Q1 earnings of 2021 before the bell today.

RBC Bearings Inc. (NASDAQ:ROLL -- $188.61) manufactures and markets engineered precision bearings and components. RBC Bearings will report its Q4 earnings of 2021 before the bell today.

V.F. Corp. (NYSE:VFC -- $84.82) engages in the design, production, procurement, marketing, and distribution of branded lifestyle apparel, footwear, and related products. V.F. Corp will report its Q4 earnings of 2021 before the bell today.

The following companies reported quarterly earnings yesterday, 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 reported $0.23 EPS for the quarter, missing the consensus estimate of $0.34 by $0.11. The company had revenue of $443.80 million for the quarter, compared to analyst estimates of $405.49 million.

BJ's Wholesale Club Holdings Inc. (NYSE:BJ -- $48.58) operates warehouse clubs on the east coast of the United States. BJ's Wholesale reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.16. The company had revenue of $3.78 billion for the quarter, compared to analysts' expectations of $3.59 billion.

Brady Corp. (NYSE:BRC -- $54.96) manufactures and supplies identification solutions (IDS) and workplace safety (WPS) products. Brady reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.06. The firm had revenue of $295.50 million for the quarter, compared to the consensus estimate of $278.13 million.

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 reported $0.36 EPS for the quarter, beating the consensus estimate of $0.28 by $0.08. The business earned $1.09 billion during the quarter, compared to analyst estimates of $1.04 billion.

Hormel Foods Corp. (NYSE:HRL -- $45.97) produces and markets various meat and food products. Hormel Foods reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.01. The company earned $2.61 billion during the quarter, compared to the consensus estimate of $2.41 billion.

Kohl's Corp. (NYSE:KSS -- $60.25) operates as a retail company in the United States. Kohl's reported $1.05 earnings per share for the quarter, topping the consensus estimate of ($0.03) by $1.08. The business earned $3.89 billion during the quarter, compared to analysts' expectations of $3.35 billion.

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 reported ($0.09) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.25) by $0.16. The firm had revenue of $82.40 million for the quarter, compared to analyst estimates of $69.95 million.

Monro Inc. (NASDAQ:MNRO -- $65.98) provides automotive undercar repair, and tire sales and services in the United States. Monro reported $0.38 EPS for the quarter, topping analysts' consensus estimates of $0.29 by $0.09. The company earned $305.50 million during the quarter, compared to the consensus estimate of $297.34 million.

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 reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.08. The business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.27 billion.

Ralph Lauren Corp. (NYSE:RL -- $131.05) designs, markets, and distributes lifestyle products. Ralph Lauren reported $0.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.72) by $1.10. The firm earned $1.29 billion during the quarter, compared to analysts' expectations of $1.21 billion.

The Children's Place Inc. (NASDAQ:PLCE -- $88.55) operates as a children's specialty apparel retailer. The Children's Place reported $0.38 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.72) by $1.10. The firm earned $1.29 billion during the quarter, compared to analysts' expectations of $1.21 billion.

Triumph Group Inc. (NYSE:TGI -- $16.45) designs, engineers, manufactures, repairs, overhauls, and distributes aerostructures, aircraft components, accessories, subassemblies, and systems. Triumph Group reported $0.10 EPS for the quarter, beating analysts' consensus estimates of $0.09 by $0.01. The firm earned $466.80 million during the quarter, compared to the consensus estimate of $437.15 million.

Applied Materials Inc. (NASDAQ:AMAT -- $124.80) provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. Applied Materials reported $1.63 earnings per share for the quarter, topping the consensus estimate of $1.51 by $0.12. The company earned $5.58 billion during the quarter, compared to analyst estimates of $5.40 billion.

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 reported $1.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.54 by $0.64. The company earned $561.20 million during the quarter, compared to the consensus estimate of $434.41 million.

Flowers Foods Inc. (NYSE:FLO -- $24.68) produces and markets packaged bakery products in the United States. Flowers Foods reported $0.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.04. The company earned $1.02 billion during the quarter, compared to analyst estimates of $998.05 million.

Palo Alto Networks Inc. (NYSE:PANW -- $335.58) provides cybersecurity platform solutions. Palo Alto Networks reported $1.38 earnings per share for the quarter, topping analysts' consensus estimates of $1.28 by $0.10. The firm earned $1.07 billion during the quarter, compared to analysts' expectations of $1.06 billion.

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 reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.44. The business had revenue of $4.52 billion for the quarter, compared to analysts' expectations of $3.80 billion.

Looking ahead to next week, investors will still have a deluge of economic data and earnings releases to parse through. Though there's a couple bare days ahead, the sessions where economic data is scheduled are absolutely packed. Due out next week is the S&P CoreLogic Case-Shiller home-price index, more initial and continuing jobless claims data, and highly anticipated core inflation data. Earnings are still pouring in too, featuring reports from  AutoZone (AZO), Costco (COST), Dell (DELL), Dollar General (DG), Dollar Tree (DLTR), and NVIDIA (NVDA).

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

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