Amazon Prime Day promotions kick off today
This last full week of June will bring plenty of economic data. Investors will be listening to updates from several Presidents of the Federal Open Market Committee (FOMC) throughout this week, especially after the recent Fed decision sent stocks spiraling. Meanwhile, there will be a handful of notable quarterly reports to unpack, including CarMax (KMX), Darden Restaurants (DRI), FedEx (FDX), and Nike (NKE), throughout this week.
No economic data is scheduled to be released today after a wild triple-witching Friday to close out last week. Amazon Prime Day will kick off today, kicking off promotions for other big box retailers, too.
The following company is slated to release quarterly earnings today, June 21:
Luminex Corp. (NASDAQ:LMNX -- $36.79) develops, manufactures and markets proprietary biological testing technologies and products with applications throughout the life sciences and diagnostics industries. Luminex will report its Q2 earnings of 2021 after the market closes today.
The following companies released their quarterly earnings last week:
Commercial Metals Co. (NYSE:CMC -- $31.35) manufactures, recycles, and fabricates steel and metal products, and related materials and services. Commercial Metals reported $1.04 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.21. The company had revenue of $1.85 billion for the quarter, compared to analyst estimates of $1.74 billion.
Jabil Inc. (NYSE:JBL -- $56.56) provides manufacturing services and solutions worldwide. Jabil reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.04 by $0.26. The firm had revenue of $7.21 billion for the quarter, compared to the consensus estimate of $6.95 billion.
The Kroger Co. (NYSE:KR -- $37.55) operates as a retailer in the United States. Kroger reported $1.19 EPS for the quarter, beating the consensus estimate of $0.99 by $0.20. The company had revenue of $41.30 billion for the quarter, compared to analyst estimates of $39.87 billion.
Adobe Inc. (NASDAQ:ADBE -- $543.33) operates as a diversified software company worldwide. Adobe reported $3.03 earnings per share for the quarter, beating the consensus estimate of $2.81 by $0.22. The company had revenue of $3.84 billion for the quarter, compared to analysts' expectations of $3.73 billion.
Smith & Wesson Brands Inc. (NASDAQ:SWBI -- $20.55) designs, manufactures, and sells firearms worldwide. Smith & Wesson Brands reported $1.71 EPS for the quarter, topping analysts' consensus estimates of $1.02 by $0.69. The firm had revenue of $322.95 million for the quarter, compared to analysts' expectations of $259.80 million.
Looking ahead to tomorrow, Tuesday will bring existing home sales, as well as an update from Federal Reserve Chairman Jerome Powell. All economic dates listed here are tentative and subject to change.
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