Today's Stock Market News & Events: 6/25/2021

Today's market-moving economic data and earnings schedule

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Today will feature personal income, consumer spending, and consumer sentiment data.

The following companies are slated to release quarterly earnings today, June 25:

Apogee Enterprises Inc. (NASDAQ:APOG -- $38.59) designs and develops glass and metal products and services in the United States, Canada, and Brazil. Apogee Enterprises will report its Q1 earnings of 2022 before the bell today.

CarMax Inc. (NYSE:KMX -- $119.43) engages in the retail of used vehicles and wholesale of vehicle auction operator. CarMax will report its Q4 earnings of 2021 before the bell today.

JinkoSolar Holding Co., Ltd. (NYSE:JKS -- $37.86) engages in the design, development, production and marketing of photovoltaic products, and solar system integration services. JinkoSolar Holding will report its Q1 earnings of 2021 before the bell today.

Paychex Inc. (NASDAQ:PAYX -- $104.28) provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services. Paychex will report its Q4 earnings of 2021 before the bell today.

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

Accenture plc (NYSE:ACN -- $285.70) provides strategy and consulting, interactive, and technology and operations services worldwide. Accenture reported $2.40 earnings per share for the quarter, beating analysts' consensus estimates of $2.24 by $0.16. The business earned $13.26 billion during the quarter, compared to analysts' expectations of $12.81 billion.

Darden Restaurants Inc. (NYSE:DRI -- $135.45) owns and operates full-service restaurants in the United States and Canada. Darden Restaurants reported $2.03 earnings per share for the quarter, topping the consensus estimate of $1.79 by $0.24. The business had revenue of $2.28 billion for the quarter, compared to analyst estimates of $2.20 billion.

GMS Inc. (NYSE:GMS -- $43.00) distributes wallboards, suspended ceilings systems, and complementary building products in the United States and Canada. GMS reported $1.07 earnings per share for the quarter, beating the consensus estimate of $0.85 by $0.22. The company earned $932.20 million during the quarter, compared to the consensus estimate of $862.04 million.

Methode Electronics Inc. (NYSE:MEI -- $47.57) designs, manufactures, and markets component and subsystem devices worldwide. Methode Electronics reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.71 by $0.10. The company earned $301 million during the quarter, compared to analyst estimates of $280.06 million.

Rite Aid Corp. (NYSE:RAD -- $20.42) operates a chain of retail drugstores in the United States. Rite Aid reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.16. The firm earned $6.16 billion during the quarter, compared to the consensus estimate of $6.21 billion.

BlackBerry Ltd. (NYSE:BB -- $13.14) provides intelligent security software and services to enterprises and governments worldwide. BlackBerry reported ($0.05) earnings per share for the quarter, hitting analysts' consensus estimates of ($0.05). The company earned $174 million during the quarter, compared to analyst estimates of $171.04 million.

CalAmp Corp. (NASDAQ:CAMP -- $13.76) provides in telematics systems, and software and subscription services. CalAmp reported $0.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.07 by $0.01. The business earned $80.50 million during the quarter, compared to analyst estimates of $80.25 million.

FedEx Corp. (NYSE:FDX -- $297.37) designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. FedEx reported $5.01 earnings per share for the quarter, hitting analysts' consensus estimates of $5.01. The firm earned $22.57 billion during the quarter, compared to analyst estimates of $21.54 billion.

Progress Software Corp. (NASDAQ:PRGS -- $45.53) develops business applications. Progress Software reported $0.82 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.73 by $0.09. The business had revenue of $129.20 million for the quarter, compared to analyst estimates of $121.99 million.

Synnex Corp. (NYSE:SNX -- $118.92) provides business process services in the United States and internationally. Synnex reported $2.09 EPS for the quarter, beating analysts' consensus estimates of $1.93 by $0.16. The business earned $5.86 billion during the quarter, compared to analyst estimates of $4.96 billion.

Looking ahead to next week, the end of June will bring plenty of supplemental economic data. May jobs data is highlighted to close out the month, as well as manufacturing and inflation numbers. Meanwhile, there will be a handful of notable quarterly reports to unpack next week, including retailer Bed Bath & Beyond (BBBY), beverage giant Constellation Brands (STZ), General Mills (GIS), and Walgreens Boots Alliance (WBA). 

All economic dates listed here are tentative and subject to change.

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