Today's Stock Market News & Events: 7/14/2021

Today's market-moving economic data and earnings schedule

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The producer price index (PPI) for June, and the latest Beige Book report are due out today. 

The following companies are slated to release quarterly earnings today, July 14:

Bank of America Corp. (NYSE:BAC -- $28.41) provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. Bank of America will report its Q2 earnings of 2021 before the bell today.

BlackRock Inc. (NYSE:BLK -- $908.07) is a publicly owned investment manager. BlackRock will report its Q2 earnings of 2021 before the bell today.

Citigroup Inc. (NYSE:C -- $68.37) provides various financial products and services to consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. Citigroup will report its Q2 earnings of 2021 before the bell today.

Delta Air Lines Inc. (NYSE:DAL -- $41.33) provides scheduled air transportation for passengers and cargo in the United States and internationally. Delta Air Lines will report its Q2 earnings of 2021 before the bell today.

The PNC Financial Services Group Inc. (NYSE:PNC-- $189.28) operates as a diversified financial services company in the United States. PNC will report its Q2 earnings of 2021 before the bell today.

Wells Fargo & Co. (NYSE:WFC-- $43.23) is a diversified, community-based financial services company. Wells Fargo will report its Q2 earnings of 2021 before the bell today.

Here is a quick look at how yesterday's earnings reports compared to Wall Street's expectations:

Conagra Brands Inc. (NYSE:CAG -- $35.93) operates as a consumer packaged goods food company in North America. Conagra reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.02. The firm earned $2.74 billion during the quarter, compared to analyst estimates of $2.71 billion.

Fastenal Co. (NASDAQ:FAST -- $54.02) engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, North America, and internationally. Fastenal reported $0.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.41 by $0.01. The business had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.51 billion.

First Republic Bank (NYSE:FRC -- $196.99) provides private banking, private business banking, and private wealth management services to clients in metropolitan areas in the United States. First Republic Bank reported $1.95 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.73 by $0.22.

Goldman Sachs Group Inc. (NYSE:GS -- $380.50) provides range of financial services for corporations, financial institutions, governments, and individuals worldwide. Goldman Sachs reported $15.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.20 by $5.82. The business had revenue of $15.39 billion for the quarter, compared to analysts' expectations of $12.17 billion.

JPMorgan Chase & Co. (NYSE:JPM -- $158.00) is a financial holding company. It provides financial and investment banking services worldwide. JPMorgan Chase reported $3.78 earnings per share for the quarter, beating analysts' consensus estimates of $3.09 by $0.69. The firm had revenue of $30.50 billion for the quarter, compared to analysts' expectations of $29.71 billion.

PepsiCo Inc. (NASDAQ:PEP -- $149.51) operates as a food and beverage company worldwide. PepsiCo reported $1.72 EPS for the quarter, beating analysts' consensus estimates of $1.53 by $0.19. The firm had revenue of $19.22 billion for the quarter, compared to analysts' expectations of $17.95 billion.

Washington Federal Inc. (NASDAQ:WAFD -- $31.25) operates as the bank holding company for Washington Federal Bank, National Association that provides lending, depository, insurance, and other banking services in the United States. Washington Federal reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.10. The firm had revenue of $141.82 million for the quarter, compared to the consensus estimate of $136.97 million.

Looking ahead to tomorrow, Thursday will be packed with activity, including a monthly report from OPEC, data on import and export prices for June, the Empire state manufacturing index, the Philly Fed manufacturing index, industrial production data, and another round of weekly jobless claims.  

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

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