Today's Stock Market News & Events: 6/16/2021

Today's market-moving economic data and earnings schedule

facebook twitter linkedin


Today will bring building permits, housing starts, the import price index, and an update from the Federal Reserve and Fed Chair Jerome Powell. 

The following public companies are slated to release quarterly earnings reports today, June 16:

Lennar Corp. (NYSE:LEN -- $92.55) operates as a homebuilder primarily under the Lennar brand in the United States. Lennar will report its Q2 earnings of 2021 before the bell today.

The following public companies released quarterly earnings reports yesterday, June 15:

H&R Block Inc. (NYSE:HRB -- $25.52) provides assisted income tax return preparation, do-it-yourself (DIY) tax, and virtual tax preparation services and products to the general public. H&R Block reported adjusted diluted earnings per share of $5.16 on revenue of $2.33 billion for the three months ended April 30.

La-Z-Boy Inc. (NYSE:LZB -- $42.49) manufactures, markets, imports, exports, distributes, and retails upholstery furniture products, accessories, and casegoods furniture products. La-Z-Boy reported earnings of $37.5 million, or 81 cents a share, in the fiscal fourth quarter, compared with $2.3 million, or 5 cents a share, in the year-ago quarter. Adjusted for one-time items, the company said it earned 87 cents a share.

Oracle Corp. (NYSE:ORCL -- $15.50) provides products and services that address enterprise information technology environments. Oracle reported quarterly revenues of $11.23 billion, a growth of 8% from the prior year. Also, it surpassed the consensus estimate of $11.04 billion..

StepStone Group Inc. (NASDAQ:STEP -- $31.64) is an investment firm specializing in direct, fund of funds, secondary direct, and secondary indirect investments. StepStone Group reported a quarterly cash dividend of $0.07 per share of Class A common stock.

Looking ahead to tomorrow, the usual initial and continuing jobless claims data are due out, as well as the Philadelphia Fed manufacturing index, and leading economic indicators. All economic dates listed here are tentative and subject to change.

 

If you are not making money with options, you aren’t buying options like this…

There is no options strategy that more perfectly approaches trading the fastest moving and most volatile stocks available in the marketplace than this one. In fact, there is no strategy that better utilizes put options for optimal returns and a real trading edge over other traders in the exact same market. New options traders fail out at an incredible rate without proper trade research, execution timing, and option picking. Capitalize on Schaeffer’s 100+ years of options trading excellence with the most coveted product launch in company history. Don't waste another second... join us right now before the next round of trades are released!

Schaeffer's Investment Research Stock Pick Report
 


 


 
Special Offers from Schaeffer's Trading Partners