BUY, SELL, HOLD (2)

Today's Stock Market News & Events: 6/29/2021

Today's market-moving economic data and earnings schedule

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Today will bring the consumer confidence index on the economic data front. 

We have rounded up the following companies that are slated to release quarterly earnings today, June 29:

Enerpac Tool Group Corp. (NYSE:EPAC -- $25.07) manufactures and sells a range of industrial products and solutions worldwide. Enerpac will report its Q3 earnings of 2021 before the bell today.

FactSet Research Systems Inc. (NYSE:FDS -- $337.03) provides integrated financial information and analytical applications to the investment and corporate communities in the Americas, EMEA, and the Asia Pacific. FactSet will report its Q4 earnings of 2021 before the bell today.

AeroVironment Inc. (NASDAQ:AVAV -- $110.71) designs, develops, produces, supports, and operates a portfolio of products and services for government agencies and businesses. AeroVironment will report its Q4 earnings of 2021 after the market closes today.

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

Herman Miller Inc. (NASDAQ:MLHR -- $48.28) engages in the research, design, manufacture, and distribution of interior furnishings for use in various environments including office, healthcare, educational, and residential settings. Herman Miller reported $0.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.39 by $0.17. The business had revenue of $621.50 million for the quarter, compared to analysts' expectations of $603.80 million.

Looking ahead to tomorrow, the ADP employment report, the Chicago PMI, and the pending home sales index are slated for release.  All economic dates listed here are tentative and subject to change.

This is another friendly reminder that Independence Day in the United States falls on a Sunday this year. What that means for traders is that the U.S. stock market will be closed on Monday, July 5, in observation of the holiday. The markets will reopen for a four-day week on Tuesday morning at 9:30 a.m. ET for normal trading hours.

 

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