Manufacturing News on Next Week’s Slate in Canada

Monday

U.S.

Economic lookahead

NAHB Housing Market Index (June)

Canada

Economic lookahead

International Transactions in Securities (April) Foreign investors reduced their holdings of Canadian securities by $1.5 billion in March, the first divestment in three months. Meanwhile, Canadian investment in foreign securities totaled $1.5 billion, led by purchases of U.S. corporate bonds

Tuesday

U.S.

Economic lookahead

Housing Starts (May)

Building Permits (May)

Redbook Index (June 8-14)

Featured Earnings

Hexindai Inc. (NASDAQ:HX) (Q4) EPS estimates for loss of 10 cents, compared to gain of 32 cents in the prior-year quarter.

Jabil Inc. (NYSE:JBL) (Q3) EPS estimates of 39 cents, compared to 38 cents in the prior-year quarter.

La-Z-Boy Incorporated (NYSE:LZB) (Q4) EPS estimates of 70 cents, compared to 66 cents in the prior-year quarter.


Canada

Economic lookahead

Monthly Survey of Manufacturing (April) Manufacturing sales increased 2.1% to $58.0 billion in March, following a 0.2% decrease in February and a 0.9% gain in January.

Featured Earnings

Evertz Technologies Limited (T.ET) (Q4) EPS estimates of 18 cents, compared to 11 cents in the prior-year quarter.

Wednesday

U.S.

Economic lookahead

EIA Crude Oil Stocks Change (June 4-10)

Federal Reserve Interest Rate Decision

Featured Earnings

American Outdoor Brands Corporation (NASDAQ: AOBC) (Q4) EPS estimates of 17 cents, compared to 24 cents in the prior-year quarter.

American Software Inc. (NASDAQ:AMSWA) (Q4) EPS estimates of four cents, identical to the prior-year quarter.

Oracle Corporation (NYSE:ORCL) (Q4) EPS estimates of 98 cents, compared to 91 cents in the prior-year quarter.

Steelcase Inc. (NYSE: SCS) (Q1) EPS estimates of 19 cents, compared to 14 cents in the prior-year quarter.

Winnebago Industries Inc. (NYSE: WGO) (Q3) EPS estimates of $1.05, compared to $1.02 in the prior-year quarter.

Canada

Economic lookahead

Consumer Price Index (May) Inflation rose 2.0% on a year-over-year basis in April, following a 1.9% increase in March. On a seasonally adjusted monthly basis, the CPI rose 0.3% in April.

Featured Earnings

D-Box Technologies Inc. (T.DBO) (Q4) EPS estimates for breakeven, as in the prior-year quarter.

Thursday

U.S.

Economic lookahead

Current Account (Q1)

Weekly Jobless Claims (June 1-7)

Featured Earnings

Commercial Metals Company (NYSE:CMC) (Q3) EPS estimates of $1.05, compared to $1.02 in the prior-year quarter.

Darden Restaurants Inc. (NYSE:DRI) (Q4) EPS estimates of $1.72, compared to $1.39 in the prior-year quarter.

Korn Ferry (NYSE:KFY) (Q4) EPS estimates of 89 cents, compared to 80 cents in the prior-year quarter.

Kroger Company (NYSE:KR) (Q1) EPS estimates of 72 cents, compared to 73 cents in the prior-year quarter.

Red Hat (NYSE:RHT) (Q1) EPS estimates of 63 cents, compared to 53 cents in the prior-year quarter.

Canada

Economic lookahead

Employment Insurance (April) In March, 436,600 people received regular Employment Insurance benefits, down 4,400 (or 1.0%) from February.


Friday

U.S.

Economic lookahead

Markit Manufacturing Purchasing Managers Index (June)

Markit Services PMI (June)

Existing Home Sales (May)

Featured Earnings

CarMax Inc (NYSE:KMX) (Q1) EPS estimates of $1.48, compared to $1.33 in the prior-year quarter.

Canada

Economic lookahead

Retail Sales (April) Retail sales increased for the second consecutive month, rising 1.1% to $51.3 billion in March. Sales were higher in seven of 11 sub-sectors, representing 39% of retail trade.