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

Today's market-moving economic data and earnings schedule

Jun 16, 2021 at 7:45 AM

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.

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