Earnings expected from PepsiCo and PriceSmart
This week the third quarter will kick into high gear, with some key economic indicators to unpack as investors make their way through July. June's consumer price index (CPI) will be closely watched, while inflation expectations could also offer clues as to what lies ahead for the economy. The earnings docket is heating up as well, with Citigroup (C), Conagra (CAG), Delta Air Lines (DAL), JPMorgan Chase (JPM), Morgan Stanley (MS), PepsiCo (PEP), UnitedHealth (UNH), as well as Wells Fargo (WFC) set to report this week.
Three-year inflation expectations are due out today.
The following public companies are slated to release corporate earnings today, July 11:
AZZ Inc. (NYSE:AZZ -- $41.03) offers galvanizing and metal coating solutions, welding solutions, specialty electrical equipment, and engineered services to the power generation, transmission, distribution, refining, and industrial markets in the United States and internationally. AZZ will report its Q2 earnings of 2022 before the bell today.
The Greenbrier Companies Inc. (NYSE:GBX -- $32.62) designs, manufactures, and markets railroad freight car equipment in North America, Europe, and South America. Greenbrier will report its Q2 earnings of 2022 before the bell today.
PepsiCo Inc. (NASDAQ:PEP -- $171.88) manufactures, markets, distributes, and sells various beverages and convenient foods worldwide. PepsiCo will report its Q2 earnings of 2022 after the close today.
PriceSmart Inc. (NASDAQ:PSMT -- $72.71) owns and operates U.S. style membership shopping warehouse clubs in the United States, Central America, the Caribbean, and Colombia. PriceSmart will report its Q2 earnings of 2022 after the close today.
In case you missed it, we just published What the Alphabet Stock Split Means for Google Investors ahead of GOOGL's anticipated 20-for-1 stock split scheduled for this week on July 15. If you want to know more about stock splits and if you should buy a stock ahead of a stock split, how stock splits affect current shareholders, and more, check out Everything Investors Need to Know About Stock Splits.
Looking ahead to tomorrow, Tuesday will bring the National Federation of Independent Business' (NFIB) small-business index.
All economic dates listed here are tentative and subject to change.