While the stock market took the weekend off, the crypto market continued to tumble
This week investors will continue to have a deluge of economic data and earnings releases to parse through. Though there's a couple bare days ahead this week, the sessions where economic data is scheduled are absolutely packed. Due out this 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).
Today will be free of any economic data, but there are some earnings to be sure to check out after the close.
The following public companies are slated to release quarterly earnings reports today, May 24:
Agora Inc. (NASDAQ:API -- $41.44) provides Real-Time Engagement Platform-as-a-Service (RTE-PaaS). Agora will report its Q1 earnings of 2021 before the bell today.
Lordstown Motors Corp. (NASDAQ:RIDE -- $9.58) operates as an original equipment manufacturer of light duty fleet vehicles. Lordstown Motors will report its Q1 earnings of 2021 before the bell today.
Luminex Corp. (NASDAQ:LMNX -- $36.67) develops, manufactures, and sells proprietary biological testing technologies and products. Luminex will report its Q2 earnings of 2021 before the bell today.
Nordson Corp. (NASDAQ:NDSN -- $201.83) engineers, manufactures, and markets products and systems to dispense, apply, and control adhesives, coatings, polymers, sealants, biomaterials, and other fluids. Nordson will report its Q3 earnings of 2021 before the bell today.
The following companies reported quarterly earnings on Friday, 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 reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.06. The company had revenue of $1.98 billion for the quarter, compared to the consensus estimate of $2 billion.
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 reported $1.16 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.43 by $0.73. The business had revenue of $299.10 million for the quarter, compared to analyst estimates of $197.90 million.
Deere & Co. (NYSE:DE -- $355.22) manufactures and distributes various equipment. Deere reported $5.68 EPS for the quarter, topping analysts' consensus estimates of $4.44 by $1.24. The business earned $11 billion during the quarter, compared to the consensus estimate of $10.27 billion.
Foot Locker Inc. (NYSE:FL -- $59.70) operates as an athletic footwear and apparel retailer. Foot Locker reported $1.96 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.06 by $0.90. The business had revenue of $2.15 billion for the quarter, compared to analysts' expectations of $1.86 billion.
RBC Bearings Inc. (NASDAQ:ROLL -- $188.61) manufactures and markets engineered precision bearings and components. RBC Bearings reported $1.08 EPS for the quarter, beating the consensus estimate of $1.07 by $0.01. The firm earned $160.30 million during the quarter, compared to analysts' expectations of $158.97 million.
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 reported $0.27 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.30 by $0.03. The business had revenue of $2.58 billion for the quarter, compared to analyst estimates of $2.50 billion.
Things will pick up a bit tomorrow, with the S&P CoreLogic Case-Shiller home-price index, as well as the consumer confidence index, and new home sales. All economic dates listed here are tentative and subject to change.
As a reminder to all traders, the U.S. stock markets are closed in observation of Memorial Day on Monday, May 31. The markets will reopen for normal hours from 9:30 a.m. ET to 4:00 p.m. ET on Tuesday to kick off the month of June.