GDP On Tap Next Week

Monday

U.S.

Economic lookahead

Dallas Fed Mfg Survey (April)

Featured Earnings

Crane Company (NYSE: CR) (Q1) EPS estimates of $1.00, compared to 93 cents in the prior-year quarter.

Express Scripts Holding Company (NASDAQ: ESRX) (Q1) EPS estimates of $1.32, compared to $1.22 in the prior-year quarter.

Lennox International Inc. (NYSE: LII) (Q1) EPS estimates of 77 cents, compared to 60 cents in the prior-year quarter.

Canada

Economic lookahead

Wholesale Trade (Feb.) Wholesale sales rose 3.3% to a record high $59.1 billion in January, the largest monthly percentage gain since November 2009

Featured Earnings

Canadian National Railway Company (T.CNR) (Q1) EPS estimates of $1.13, compared to $1.00 in the prior-year quarter.

Barrick Gold Corporation (T.ABX) (Q1) EPS estimates of 20 cents, compared to 11 cents in the prior-year quarter. In mid-April, ATAC Resources entered into a number of transactions with Barrick in which Barrick can acquire an interest in the central portion of ATAC's Rackla Gold Property and make an $8.3-million investment in ATAC.

Tuesday

Economic lookahead

Federal Housing Finance Agency House Price Index (Feb.)

S&P Case-Shiller Housing Price Index (Feb.)

New Home Sales (Mar.)

Consumer Confidence (April)

Redbook (Weekly)


Featured Earnings

3M Company (NYSE: MMM) (Q1) EPS estimates of $2.06, compared to $2.05 in the prior-year quarter. 3M Co. and 3M Innovative Properties Co. filed a lawsuit on April 5, in the Central District of California against K2 Concepts and China-based Phoenix Automotive Refinishing, alleging multiple counts of patent, trademark, and copyright infringement.

Baker Hughes Incorporated (NYSE: BHI) (Q1) EPS estimates for loss of 19 cents, compared to a loss of 44 cents in the prior-year quarter.

Coca-Cola Company (NYSE: KO) Q1) EPS estimates of 44 cents, compared to 45 cents in the prior-year quarter.

Canada

Featured Earnings

Teck Resources Limited (T.TECK.B) (Q1) EPS estimates of $1.39, compared to three cents in the prior-year quarter.

Metro Inc. (T.MRU) (Q2) EPS estimates of 55 cents, compared to 52 cents in the prior-year quarter.


Wednesday

U.S.

Economic lookahead

EIA Petroleum Report (April 11-17)

Featured Earnings

Alaska Air Group Inc. (NYSE: ALK) (Q1) EPS estimates of $1.09, compared to $1.45 in the prior-year quarter. Last week, the carrier announced it had reached a tentative agreement to amend their existing eight-year contract for the carrier's 620 pilots. The pilots are members of the Teamsters union.

Boston Beer Company Inc. (NYSE: SAM) (Q1) EPS estimates of 26 cents, compared to 53 cents in the prior-year quarter.

Dolby Laboratories (NYSE: DLB) (Q2) EPS estimates of 47 cents, compared to 66 cents in the prior-year quarter.


Canada

Economic lookahead

Retail Trade (Feb.) Retail sales rose 2.2% to $46.0 billion in January

Featured Earnings

ATCO Ltd. (T.ACO.X) (Q1) EPS estimates of $1.02, compared to $1.05 in the prior-year quarter. ATCO and its people were recently recognized for their exceptional commitment to safety during and in the months following the 2016 Fort McMurray Wildfires at the 2017 Canadian Gas Association Operations, Engineering and Integrity Conference in Halifax.

AltaGas Ltd. (T.ALA) (Q1) EPS estimates of 34 cents, compared to 26 cents in the prior-year quarter.

Suncor Energy Inc. (T.SU) (Q1) EPS estimates for gain of 31 cents, compared to loss of 33 cents in the prior-year quarter.

BCE Inc. (T.BCE) (Q1) EPS estimates of 83 cents, compared to 85 cents in the prior-year quarter.

Goldcorp Inc. (T.G) (Q1) EPS estimates of nine cents, identical to the prior-year quarter.

Thursday

U.S.

Economic lookahead

Durable Goods Orders (Mar.)

International Trade in Goods (Mar.)

Jobless Claims (April 18-24)

Pending Home Sales Index (Mar.)

Federal Balance Sheet

Money Supply

Featured Earnings

Amazon.com Inc. (NASDAQ: AMZN) (Q1) EPS estimates of $1.05, compared to $1.07 in the prior-year quarter.

American Airlines Group (NASDAQ: AAL) (Q1) EPS estimates of 53 cents, compared to $1.25 in the prior-year quarter.

BorgWarner Inc. (BWA) (Q1) EPS estimates of 83 cents, compared to 80 cents in the prior-year quarter.


Canada

Economic lookahead

Weekly Earnings (Feb.) Average weekly earnings of non-farm payroll employees were $967 in January, little changed from December and up 1.8% from January 2016.

Featured Earnings

Restaurant Brands International Inc. (T.QSR) (Q1) EPS estimates of 35 cents, compared to 30 cents in the prior-year quarter. In early April, Restaurant Brands International Inc. announced that Burger King Europe GmbH has closed a multi-country development agreement in sub-Saharan Africa with Servair S.A., a member of gategroup, to lead the development and growth of the BURGER KING® brand in the region.

Potash Corporation of Saskatchewan Inc. (T.POT) (Q1) EPS estimates of 10 cents, compared to 15 cents in the prior-year quarter.

Fairfax Financial Holdings Limited (T.FFH) (Q1) EPS estimates for gains of $5.51, compared to a loss of $2.76 in the prior-year quarter.

Friday

U.S.

Economic lookahead

Gross Domestic Product (Q1a)

Employment Cost Index (Q1)

Chicago Purchasing Managers Index (April)

Consumer Sentiment (April)

Featured Earnings

Colgate-Palmolive Company (NYSE: CL) (Q1) EPS estimates of 66 cents, compared to 63 cents in the prior-year quarter.

General Motors Company (NYSE: GM) (Q1) EPS estimates of $1.44, compared to $1.26 in the prior-year quarter.

LifePoint Health Inc. (NASDAQ: LPNT) (Q1) EPS estimates of $1.02, compared to 87 cents in the prior-year quarter.

Canada

Economic lookahead

Industrial Product Price Index (Mar.) This index edged up 0.1% in February, primarily due to higher prices for meat, fish and dairy products and primary non-ferrous metal products.

Raw Materials Price Index (Mar.) This index increased 1.2%, mainly as a result of higher prices for animals and animal products.

Gross Domestic Product (Feb.) GDP grew 0.6% in January on the strength of widespread growth across both goods- and service-producing industries.

Featured Earnings

Thomson Reuters Corporation (T.TRI) (Q1) EPS estimates of 53 cents, compared to 46 cents in the prior-year quarter.

Agnico Eagle Mines Limited (T.AEM) (Q1) EPS estimates of 10 cents, compared to 12 cents in the prior-year quarter.