Last Full Week Before Christmas

Monday

U.S.

Economic Lookahead

Markit Manufacturing Purchasing Managers Index (Dec.)

Markit Services PMI (Dec.)

Featured Earnings

Heico Corporation (NYSE:HEI) (Q1) EPS estimates of 57 cents, compared to 49 cents in the prior-year quarter.


Canada

Economic Lookahead

International Trade in Securities (Oct.) Foreign investors acquired $4.8 billion of Canadian securities in September, all corporate securities. At the same time, Canadian investors reduced their holdings of foreign securities by $2.4 billion, led by a divestment in U.S. instruments.

CREA Stats (Nov.) Actual (not seasonally-adjusted) activity was up 12.9% year-over-year (y-o-y). The number of newly listed properties declined by \1.8% m-o-m. The MLS® Home Price Index (HPI) advanced by 0.6% m-o-m and 1.8% y-o-y.

Featured Earnings

HEXO Corp. (T.HEXO) (Q1) EPS estimates for loss of 12 cents, compared to a loss of seven cents in the prior-year quarter.

Tuesday

U.S.

Economic Lookahead

Housing Starts (Nov.)

Buiding Permits (Nov.)

Industrial Production (Nov.)

Job Openings (Oct.)

Featured Earnings

FedEx Corporation (NYSE:FDX) (Q2) EPS estimates of $2.84, compared to $4.03 in the prior-year quarter.

Jabil Inc. (NYSE:JBL) (Q1) EPS estimates of 65 cents, compared to 84 cents in the prior-year quarter.

Navistar International Corporation (NYSE: NAV) (Q4) EPS estimates of 97 cents, compared to $1.89 in the prior-year quarter.

Worthington Industries Inc. (NYSE: WOR) (Q2) EPS estimates of 97 cents, compared to $1.89 in the prior-year quarter.


Economic lookahead

Monthly Survey of Manufacturing (Oct.) Manufacturing sales edged down 0.2% in September to $57.4 billion, following a 0.8% increase in August

Wednesday

U.S.

Featured Earnings

Steelcase Inc. (NYSE: SCS) (Q4) EPS estimates of 35 cents, compared to 36 cents in the prior-year quarter.

ABM Industries Incorporated (NYSE:ABM) (Q4) EPS estimates of 62 cents, compared to 58 cents in the prior-year quarter.

General Mills Inc. (NYSE:GIS) (Q2) EPS estimates of 89 cents, compared to 85 cents in the prior-year quarter.

Herman Miller Inc. (NASDAQ: MLHR) (Q2) EPS estimates of 87 cents, compared to 75 cents in the prior-year quarter.

Micron Technology Inc. (NASDAQ: MU) (Q4) EPS estimates of 44 cents, compared to $2.93 in the prior-year quarter.

Paychex Inc. (NASDAQ:PAYX) (Q2) EPS estimates of 68 cents, compared to 65 cents in the prior-year quarter.



Canada

Economic lookahead

Employment Insurance (Oct.) In September, 445,600 people received regular EI benefits, down 5,600 (-1.2%) from August.

Consumer Price Index (Nov.) CPI rose 1.9% on a year-over-year basis in October, matching the increase in August and in September. On a seasonally-adjusted monthly basis, the CPI rose 0.3% in October.

Thursday

U.S.

Economic lookahead

Initial Jobless Claims (Dec. 8-14)

Existing Home Sales (Nov.)

Leading Economic Indicators (Nov.)

Featured Earnings

AAR Corp. (NYSE:AIR) (Q2) EPS estimates of 61 cents, compared to 59 cents in the prior-year quarter.

Accenture plc (NYSE:ACN) (Q1) EPS estimates of $2.00, compared to $1.96 in the prior-year quarter.

Actuant Corporation (NYSE:EPAC) (Q1) EPS estimates of nine cents, compared to 27 cents in the prior-year quarter.

NIKE (NYSE:NKE) (Q2) EPS estimates of 57 cents, compared to 52 cents in the prior-year quarter.

Rite Aid Corporation (NYSE:RAD) (Q3) EPS estimates of three cents, compared to 20 cents in the prior-year quarter.




Canada

Economic lookahead

Wholesale Trade (Oct.) Wholesale trade rose 1.0% to $65.1 billion in September, almost entirely offsetting the 1.2% decline in August.

Payroll Earnings and Hours (Oct.) The average weekly earnings of non-farm payroll employees were $1,042 in September, up 0.9% from August.

Friday

U.S.

Economic Lookahead

GDP Revision (Q3)

Personal Income (Nov.)

Consumer Spending (Nov.)

Core Inflation (Nov.)

Consumer Sentiment Index (Dec.)

Featured Earnings

CarMax Inc (NYSE: KMX) (Q3) EPS estimates of $1.15, compared to $1.09 in the prior-year quarter.

Winnebago Industries Inc. (NYSE:WGO) (Q1) EPS estimates of 63 cents, compared to 70 cents in the prior-year quarter.

Canada

Featured Earnings

BlackBerry Limited (T.BB) (Q3) EPS estimates of two cents, compared to five cents in the prior-year quarter.

Economic lookahead

New Housing Price Index (Oct.) The index was up 0.2% nationally in September—the largest increase in two years.

Retail Trade (Oct.) Retail sales decreased for the first time in three months, edging down 0.1% to $51.6 billion in September.




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