Today's Stock Market News & Events: 7/15/2021

Today's market-moving economic data and earnings schedule

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Today 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.  

The following companies are slated to release quarterly earnings today, July 15:

The Bank of New York Mellon Corp. (NYSE:BK -- $49.28) provides a range of financial products and services in the United States and internationally. Bank of New York Mellon will report its Q2 earnings of 2021 before the bell today.

Cintas Corp. (NASDAQ:CTAS -- $378.95) provides corporate identity uniforms and related business services primarily in North America, Latin America, Europe, and Asia. Cintas will report its Q4 earnings of 2021 before the bell today.

Home Bancshares Inc. (NASDAQ:HOMB -- $23.45) operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities. Home Bancshares will report its Q2 earnings of 2021 before the bell today.

Morgan Stanley (NYSE:MS -- $92.46) provides various financial products and services to corporations, governments, financial institutions, and individuals in the Americas, Europe, the Middle East, Africa, and Asia. Morgan Stanley will report its Q2 earnings of 2021 before the bell today.

Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM -- $124.39) manufactures and sells integrated circuits and semiconductors. Taiwan Semiconductor will report its Q2 earnings of 2021 before the bell today.

Truist Financial Corp. (NYSE:TFC -- $54.43) provides banking and trust services in the Southeastern and Mid-Atlantic United States. Truist will report its Q2 earnings of 2021 before the bell today.

U.S. Bancorp. (NYSE:USB -- $56.99) provides various financial services in the United States. U.S. Bancorp will report its Q2 earnings of 2021 before the bell today.

UnitedHealth Group Inc. (NYSE:UNH -- $414.74) operates as a diversified health care company in the United States. UnitedHealth will report its Q2 earnings of 2021 before the bell today.

WNS (Holdings) Ltd. (NYSE:WNS -- $80.96) provides a range of financial products and services in the United States and internationally. WNS will report its Q1 earnings of 2022 before the bell today.

Westamerica Bancorp. (NASDAQ:WABC -- $55.62) operates as a bank holding company for the Westamerica Bank that provides various banking products and services to individual and commercial customers. Westamerica will report its Q2 earnings of 2021 during trading hours today.

Alcoa Corp. (NYSE:AA -- $35.14) produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Brazil, Canada, and internationally. Alcoa will report its Q2 earnings of 2021 after the market closes today.

American Outdoor Brands Inc. (NASDAQ:AOUT -- $33.90) provides outdoor products and accessories for rugged outdoor enthusiasts in the United States and internationally. American Outdoor Brands will report its Q2 earnings of 2021 after the market closes today.

Marten Transport Ltd. (NASDAQ:MRTN -- $16.76) operates as a temperature-sensitive truckload carrier for shippers in the United States, Canada, and Mexico. Marten Transport will report its Q2 earnings of 2021 after the market closes today.

People's United Financial Inc. (NASDAQ:PBCT -- $16.46) operates as the bank holding company for People's United Bank, National Association that provides commercial banking, retail banking, and wealth management services to individual, corporate, and municipal customers. People's United Financial will report its Q2 earnings of 2021 after the market closes today.

Western Alliance Bancorp. (NYSE:WAL -- $96.22) operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. Western Alliance will report its Q2 earnings of 2021 after the market closes today.

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

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 reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.26. The company had revenue of $21.50 billion for the quarter, compared to the consensus estimate of $21.77 billion.

BlackRock Inc. (NYSE:BLK -- $908.07) is a publicly owned investment manager. BlackRock reported $10.03 earnings per share for the quarter, topping the consensus estimate of $9.09 by $0.94. The business earned $4.82 billion during the quarter, compared to the consensus estimate of $4.61 billion.

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 reported $2.85 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.99 by $0.86. The business had revenue of $17.50 billion for the quarter, compared to analysts' expectations of $17.18 billion.

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 reported ($1.07) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($1.38) by $0.31. The firm had revenue of $7.13 billion for the quarter, compared to analysts' expectations of $6.25 billion.

The PNC Financial Services Group Inc. (NYSE:PNC-- $189.28) operates as a diversified financial services company in the United States. PNC reported $2.43 EPS for the quarter, missing the consensus estimate of $2.77 by $0.34. The firm had revenue of $4.67 billion for the quarter, compared to analysts' expectations of $4.40 billion.

Wells Fargo & Co. (NYSE:WFC-- $43.23) is a diversified, community-based financial services company. Wells Fargo reported $1.38 earnings per share for the quarter, topping analysts' consensus estimates of $0.97 by $0.41. The firm had revenue of $20.27 billion for the quarter, compared to analysts' expectations of $17.69 billion.

Looking ahead to tomorrow, Friday will wrap up the week, with data on retail sales, business inventories, and the consumer sentiment index on tap. 

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

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