Earnings expected from General Mills, Bed, Bath & Beyond, and Micron
Today the ADP employment report, the Chicago PMI, and the pending home sales index are slated for release.
We have rounded up the following companies that are slated to release quarterly earnings today, June 30:
Bed Bath & Beyond Inc. (NASDAQ:BBBY -- $29.91) operates a chain of retail stores. Enerpac will report its Q1 earnings of 2021 before the bell today.
Constellation Brands Inc. (NYSE:STZ -- $230.98) produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. Constellation Brands will report its Q1 earnings of 2021 before the bell today.
General Mills Inc. (NYSE:GIS -- $60.03) manufactures and markets branded consumer foods worldwide. General Mills will report its Q4 earnings of 2021 before the bell today.
Micron Technology Inc. (NASDAQ:MU -- $82.93) designs, manufactures, and sells memory and storage products worldwide. Micron will report its Q3 earnings of 2021 after the market closes today.
Shaw Communications Inc. (NYSE:SJR -- $28.75) operates as a connectivity company in North America. Shaw will report its Q3 earnings of 2021 after the market closes today.
Now let's take a quick look at how yesterday's earnings announcement compared to expectations:
Enerpac Tool Group Corp. (NYSE:EPAC -- $25.07) manufactures and sells a range of industrial products and solutions worldwide. Enerpac reported $0.28 EPS for the quarter, beating the consensus estimate of $0.18 by $0.10. The firm had revenue of $143.10 million for the quarter, compared to analysts' expectations of $137.44 million.
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 reported $2.72 EPS for the quarter, missing the consensus estimate of $2.75 by $0.03. The business had revenue of $399.60 million for the quarter, compared to analysts' expectations of $397.72 million.
AeroVironment Inc. (NASDAQ:AVAV -- $110.71) designs, develops, produces, supports, and operates a portfolio of products and services for government agencies and businesses. AeroVironment reported $1.04 EPS for the quarter, beating the consensus estimate of $0.81 by $0.23.
Looking ahead to tomorrow, Thursday will feature the usual initial and continuing jobless claims data, as well as the Markit manufacturing PMI and ISM manufacturing index. All economic dates listed here are tentative and subject to change.
This is a friendly reminder that Independence Day 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.