Schaeffer's Top Stock Picks for '25

Today's Stock Market News & Events: 6/24/2021

Today's market-moving economic data and earnings schedule

facebook X logo linkedin


Today the usual initial and continuing jobless claims data are due out, as well as durable goods orders, and the revised GDP. 

The following companies are slated to release quarterly earnings today, June 24:

Accenture plc (NYSE:ACN -- $285.70) provides strategy and consulting, interactive, and technology and operations services worldwide. Accenture will report its Q3 earnings of 2021 before the bell today.

Darden Restaurants Inc. (NYSE:DRI -- $135.45) owns and operates full-service restaurants in the United States and Canada. Darden Restaurants will report its Q4 earnings of 2021 before the bell today.

GMS Inc. (NYSE:GMS -- $43.00) distributes wallboards, suspended ceilings systems, and complementary building products in the United States and Canada. GMS will report its Q4 earnings of 2021 before the bell today.

Methode Electronics Inc. (NYSE:MEI -- $47.57) designs, manufactures, and markets component and subsystem devices worldwide. Methode Electronics will report its Q4 earnings of 2021 before the bell today.

Rite Aid Corp. (NYSE:RAD -- $20.42) operates a chain of retail drugstores in the United States. Rite Aid will report its Q1 earnings of 2021 before the bell today.

BlackBerry Ltd. (NYSE:BB -- $13.14) provides intelligent security software and services to enterprises and governments worldwide. BlackBerry will report its Q1 earnings of 2021 after the market closes today.

CalAmp Corp. (NASDAQ:CAMP -- $13.76) provides in telematics systems, and software and subscription services. CalAmp will report its Q1 earnings of 2022 after the market closes today.

FedEx Corp. (NYSE:FDX -- $297.37) designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. FedEx will report its Q4 earnings of 2021 after the market closes today.

Progress Software Corp. (NASDAQ:PRGS -- $45.53) develops business applications. Progress Software will report its Q2 earnings of 2021 after the market closes today.

Synnex Corp. (NYSE:SNX -- $118.92) provides business process services in the United States and internationally. Synnex will report its Q2 earnings of 2021 after the market closes today.

Now let's take a look at how yesterday's earnings announcements compared to expectations:

IHS Markit Ltd. (NYSE:INFO -- $111.71) provides critical information, analytics, and solutions for various industries and markets worldwide. IHS Markit reported $0.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.80 by $0.01. The firm earned $1.18 billion during the quarter, compared to analysts' expectations of $1.14 billion.

Patterson Companies Inc. (NASDAQ:PDCO -- $35.12) provides security analytics software to governments and enterprises worldwide. Patterson Companies reported $0.38 earnings per share for the quarter, missing analysts' consensus estimates of $0.52 by $0.14. The company earned $1.56 billion during the quarter, compared to the consensus estimate of $1.52 billion.

Winnebago Inc. (NYSE:WGO -- $66.54) provides security analytics software to governments and enterprises worldwide. Winnebago reported $2.16 EPS for the quarter, beating analysts' consensus estimates of $1.77 by $0.39. The firm earned $960.70 million during the quarter, compared to the consensus estimate of $836.82 million.

H.B. Fuller Co. (NYSE:FUL -- $66.54) formulates, manufactures, and markets adhesives, sealants, coatings, polymers, tapes, encapsulants, additives, and other specialty chemical products worldwide. H.B. Fuller reported $0.94 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.92 by $0.02. The firm earned $827.87 million during the quarter, compared to the consensus estimate of $764.37 million.

KB Home (NYSE:KBH -- $43.23) operates as a homebuilding company in the United States. KB Home reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.19. The firm earned $1.44 billion during the quarter, compared to analysts' expectations of $1.48 billion.

Steelcase Inc. (NYSE:SCS -- $14.47) manufactures and sells integrated furniture settings, user-centered technologies, and interior architectural products. Steelcase reported ($0.24) EPS for the quarter, beating the consensus estimate of ($0.30) by $0.06. The firm had revenue of $556.60 million for the quarter, compared to analysts' expectations of $556.30 million.

Looking ahead to tomorrow, Friday will feature personal income, consumer spending, and consumer sentiment data. All economic dates listed here are tentative and subject to change.

 
 

You have the chance to join one of Bernie's most exclusive programs, complete access at HUGE savings!

As we prepare for a new administration to take the reins in Washington, the near-term market landscape is rife with uncertainty.

The Federal Reserve has already hinted at the turbulence ahead, lowering its interest rate outlook for 2025.

Meanwhile, breakthroughs in artificial intelligence (AI), quantum computing, and other transformative sectors have unlocked incredible profit potential.

But these opportunities are fleeting, and timing is everything. That's where Quick-Hit Trader comes in.

Quick-Hit Trader is designed for precision and speed, getting you in and out of the market in a flash. While other investors scramble to navigate volatile conditions, you'll have access to expertly curated trades that leverage these rapid shifts to deliver explosive profits in short order.

This is your chance to capitalize on the fast-moving market like never before. Are you ready to make your move?