Baystreet Staff - Friday, October 12, 2018 Retail sales featured next week Monday U.S. Economic lookahead Retail Sales (Sept.) Business Inventories (Aug.) Featured Earnings Bank of America Corporation (NYSE: BAC) (Q3) EPS estimate of 62 cents, compared to 48 cents in the prior-year quarter. First Defiance Financial Corp. (NASDAQ: FDEF) (Q3) EPS estimate of 55 cents, compared to 46 cents in the prior-year quarter. Canada Economic lookahead CREA Stats (Sept.) National home sales edged up by 0.9% in August 2018, marking a fourth consecutive monthly gain. However, sales activity is still running below levels in most other months going back to early 2014. Featured Earnings Corvus Gold (T.KOR) (Q1) EPS estimate for loss of two cents, identical to prior-year quarter. Early in October, Corvus Gold announced it had received positive initial results from the Phase III resource expansion drilling program at the Mother Lode Project, Nevada. Tuesday U.S. Economic lookahead Personal Consumer Expenditure (Q3) Industrial Production (Sept.) JOLTS Job Opening (Aug.) NAHB Housing Market Index (Oct.) Redbook (Weekly) Featured Earnings CSX Corporation (NASDAQ: CSX) (Q3) EPS estimate of 91 cents, compared to 51 cents in the prior-year quarter. Fulton Financial Corporation (NASDAQ: FULT) (Q3) EPS estimate of 33 cents, compared to 28 cents in the prior-year quarter. Hancock Whitney Corporation (NASDAQ: HWC) (Q3) EPS estimate of $1.01, compared to 76 cents in the prior-year quarter. International Business Machines Corporation (NYSE: IBM) (Q3) EPS estimate of $3.40, compared to $3.30 in the prior-year quarter. Canada Economic lookahead International Transactions in Securities (Aug.) Foreign investment in Canadian securities reached $12.7 billion in July, mainly from acquisitions of federal government bonds. At the same time, Canadian investment in foreign securities totaled $13.1 billion, led by record purchases of foreign bonds. Wednesday U.S. Economic lookahead Building Permits (Sept.) Housing Starts (Sept.) EIA Petroleum Status Report (Oct. 10-16) Featured Earnings Winnebago Industries Inc. (NYSE: WGO) (Q4) EPS estimates of 86 cents, compared to 94 cents in the prior-year quarter. Unifirst Corporation (NYSE: UNF) (Q4) EPS estimates of $1.64, compared to $1.44 in the prior-year quarter. Steel Dynamics Inc. (NASDAQ: STLD) (Q3) EPS estimates of $1.66, compared to 66 cents in the prior-year quarter. M&T Bank Corporation (NYSE: MTB) (Q3) EPS estimates of $3.36, compared to $2.24 in the prior-year quarter. Canada Economic lookahead Monthly Survey of Manufacturing (Aug.) Manufacturing sales increased for the third consecutive month in July, rising 0.9% to $58.6 billion. Featured Earnings AltaGas Ltd. (T.ALA) (Q3) EPS estimates for loss of six cents, compared to gain of 28 cents in the prior-year quarter. Thursday U.S. Economic lookahead Jobless Claims (Oct. 6-12) Employment Cost Index (Q3) Featured Earnings American Express Company (NYSE: AXP) (Q3) EPS estimates of $1.76 compared to $1.50 in the prior-year quarter. Danaher Corporation (NYSE: DHR) (Q3) EPS estimates of $1.08 compared to $1.00 in the prior-year quarter. E*TRADE Financial Corporation (NASDAQ: ETFC) (Q3) EPS estimates of 83 cents compared to 55 cents in the prior-year quarter. Genuine Parts Company (NYSE: GPC) (Q3) EPS estimates of $1.49 compared to $1.16 in the prior-year quarter. Canada Economic lookahead Employment Insurance (Aug.) In July, 475,700 people received regular Employment Insurance benefits, an increase of 11,000 or 2.4% from June. Featured Earnings Canadian Pacific Railway Limited (T.CP) (Q3) EPS estimates of $4.00, compared to $2.90 in the prior-year quarter. Rogers Communications Inc. (T.RCI.B) (Q3) EPS estimates of $1.17, compared to $1.01 in the prior-year quarter. Friday U.S. Economic Lookahead Existing Home Sales (Sept.) Featured Earnings Honeywell International Inc. (NYSE: HON) (Q3) EPS estimates of $1.98, compared to $1.75 in the prior-year quarter. Exactly one year after Honeywell announced it would spin off its Homes and Global Distribution business, Resideo Technologies, Inc. will host an Investor Conference in New York City today. The future stand-alone company will showcase its attractive financial profile, growth strategy, and smart home technologies. It is anticipated that when-issued trading on the New York Stock Exchange in Resideo common stock will begin on or about Monday, Oct. 15. Procter & Gamble Company (NYSE: PG) (Q3) EPS estimates of $1.10, compared to $1.09 in the prior-year quarter. Tuesday of last week, the company declared a dividend of $0.7172, in line with previous. Gentex Corporation (NASDAQ: GNTX) (Q3) EPS estimates of 42 cents compared to 31 cents in the prior-year quarter. Canada Economic Lookahead Consumer Price Index (Aug.) CPI rose 2.8% on a year-over-year basis in August, following a 3.0% increase in July. On a seasonally-adjusted monthly basis, CPI was up 0.1% in August, after increasing 0.5% in July. Retail Sales (Aug.) Retail sales rose 0.3% to $50.9 billion in July on higher sales at food and beverage stores and gasoline stations. Excluding the lower sales at motor vehicle and parts dealers, retail sales increased 0.9%. Featured Earnings Corus Entertainment Inc. (T.CJR.B) (Q4) EPS estimates of 15 cents, compared to 22 cents in the prior-year quarter. Kinder Morgan Canada Limited (T.KML) (Q3) EPS estimates of 13 cents, compared to 41 cents in the prior-year quarter. theScore Inc. (T.SCR) (Q4) EPS estimates for loss of one cent, identical to the prior-year quarter.
