Today's Stock Market News & Events: 6/8/2021

Today's market-moving economic data and earnings schedule

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Today brings job openings and trade balance data for investors to unpack, as well as a good handful of earnings reports as earnings season winds down. 

The following companies are slated to release quarterly earnings reports today, June 8:

Academy Sports and Outdoors Inc. (NASDAQ:ASO -- $37.78) operates as a sporting goods and outdoor recreational products retailer in the United States. Academy Sports and Outdoors will report its Q1 earnings of 2021 before the bell today.

Momo Inc. (NASDAQ:MOMO -- $13.92) provides mobile-based social and entertainment services in the People's Republic of China. Momo will report its Q1 earnings of 2021 before the bell today.

Navistar International Corp. (NYSE:NAV -- $44.33) manufactures and sells commercial trucks, diesel engines, school and commercial buses, and service parts for trucks and diesel engines. Navistar will report its Q2 earnings of 2021 before the bell today.

Thor Industries Inc. (NYSE:THO -- $117.07) designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories. Thor Industries will report its Q3 earnings of 2021 before the bell today.

ABM Industries Inc. (NYSE:ABM -- $48.56) provides integrated facility solutions in the United States and internationally. ABM Industries will report its Q1 earnings of 2021 after the market closes today.

BEST Inc. (NYSE:BEST -- $1.48) operates as a smart supply chain service provider in the People's Republic of China. BEST will report its Q1 earnings of 2021 after the market closes today.

Calavo Growers Inc. (NASDAQ:CVGW -- $73.79) markets and distributes avocados, prepared avocados, and other perishable foods to retail grocery and foodservice customers, club stores, mass merchandisers, food distributors, and wholesale customers. Calavo Growers will report its Q2 earnings of 2021 after the market closes today.

Casey's General Stores Inc. (NASDAQ:CASY -- $215.29) operates convenience stores under the Casey's and Casey's General Store names. Casey's General Stores will report its Q4 earnings of 2021 after the market closes today.

Comtech Telecommunications Corp. (NASDAQ:CMTL -- $24.71) designs, develops, produces, and markets products, systems, and services for communications solutions. Comtech Telecommunications will report its Q1 earnings of 2021 after the market closes today.

The following public companies released quarterly earnings reports yesterday, June 7:

G-III Apparel Group Ltd. (NASDAQ:GIII -- $31.44) designs, sources, and markets women's and men's apparel. G-III Apparel reported $0.53 EPS for the quarter, topping the consensus estimate of $0.15 by $0.38. The business had revenue of $519.90 million for the quarter, compared to analyst estimates of $462.60 million.

Coupa Software Inc. (NASDAQ:COUP -- $230.23) provides cloud-based business spend management platform. Coupa Software reported $0.17 EPS for the quarter, beating analysts' consensus estimates of ($0.11) by $0.28. The firm had revenue of $163.54 million for the quarter, compared to the consensus estimate of $145.89 million.

HealthEquity Inc. (NASDAQ:HQY -- $81.10) provides technology-enabled services platforms to consumers and employers in the United States. HealthEquity reported $0.42 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.02. The business earned $188.20 million during the quarter, compared to the consensus estimate of $185.68 million.

Marvell Technology Inc. (NASDAQ:MRVL -- $48.70) designs, develops, and sells analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. Marvell reported $0.29 EPS for the quarter, topping analysts' consensus estimates of $0.27 by $0.02. Marvell Technology has generated $0.58 earnings per share over the last year.

REV Group Inc. (NYSE:RVLV -- $56.51) operates as an online fashion retailer for consumers. REV Group reported $0.30 EPS for the quarter, beating the consensus estimate of $0.13 by $0.17. The business earned $178.91 million during the quarter, compared to analysts' expectations of $156.28 million.

Stitch Fix Inc. (NASDAQ:SFIX -- $55.52) sells a range of apparel, shoes, and accessories through its Website and mobile application in the United States. Stitch Fix reported ($0.20) EPS for the quarter, beating analysts' consensus estimates of ($0.22) by $0.02. The business had revenue of $504.10 million for the quarter, compared to the consensus estimate of $512.17 million.

Vail Resorts Inc. (NYSE:MTN -- $333.38) operates mountain resorts and urban ski areas in the United States. Vail Resorts reported $3.62 EPS for the quarter, beating analysts' consensus estimates of $2.03 by $1.59. The firm had revenue of $684.60 million for the quarter, compared to analysts' expectations of $643.83 million.

Looking ahead to tomorrow, things will stay at a relatively slow pace on Wednesday with only wholesale inventories on tap. All economic dates listed here are tentative and subject to change.

 

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