Memorial Day Shortens U.S. Week

Monday

U.S.

Markets are shuttered for Memorial Day

Tuesday

U.S.

Economic lookahead

S&P/Case-Shiller Home Price Index (March)

Consumer Confidence

Featured Earnings

Booz Allen Hamilton Holding Corporation (NYSE:BAH) (Q4) EPS estimates of 61 cents, compared to 52 cents in the prior-year quarter.

Momo Inc. (NASDAQ:MOMO) (Q1) EPS estimates of 44 cents, compared to 63 cents in the prior-year quarter.

YY Inc. (NASDAQ:YY) (Q1) EPS estimates of $1.45, compared to $1.09 in the prior-year quarter.


Canada

Featured Earnings

Bank of Nova Scotia (T.BNS) (Q2) EPS estimates of $1.74, compared to $1.71 in the prior-year quarter.

Indigo Books & Music Inc. (T.IDG) (Q4) EPS estimates for a gain of 14 cents, compared to a loss of 40 cents in the prior-year quarter.

Wednesday

U.S.

Economic lookahead

Redbook Index (May 14-20)

Fed Beige Book


Featured Earnings

Abercrombie & Fitch (NYSE:ANF) (Q1) EPS estimates for loss of 43 cents, compared to a loss of 56 cents in the prior-year quarter.

Dick's Sporting Goods Inc (NYSE:DKS) (Q1) EPS estimates of 59 cents, identical to the prior-year quarter.

Tilly's Inc. (NYSE:TLYS) (Q1) EPS estimates of one cent, compared to four cents the prior-year quarter.

Verint Systems Inc. (NASDAQ: VRNT) (Q1) EPS estimates of 40 cents, compared to 31 cents the prior-year quarter.

Canada

Economic lookahead

Bank of Canada Rate Announcement (May) The Bank of Canada last month maintained its target for the overnight rate at 1.75%. The Bank Rate is correspondingly 2% and the deposit rate is 1.5%

Featured Earnings

BioSyent Inc (T.RX) (Q1) EPS estimates of nine cents, compared to eight cents in the prior-year quarter.

Bank of Montreal (T.BMO) (Q2) EPS estimates of $2.23, compared to $2.20 in the prior-year quarter.

Descartes Systems Group Inc. (T.DSG) (Q1) EPS estimates of 14 cents, compared to nine cents in the prior-year quarter.

Thursday

U.S.

Economic lookahead

Gross Domestic Product (Q1)

Wholesale Inventories (March)

Pending Home Sales (April)

EIA Crude Stocks Change (May 15-21)

Weekly Jobless Claims (May 11-17)

Featured Earnings

Burlington Stores Inc. (NYSE:BURL) (Q1) EPS estimates of $1.26, identical to the prior-year quarter.

Dell Technologies Inc. (NYSE:DELL) (Q1) EPS estimates of $1.15, compared to $1.24 in the prior-year quarter.

GAP Inc. (NYSE:GPS) (Q1) EPS estimates of 31 cents, compared to 42 cents in the prior-year quarter.

J. Jill Inc. (NYSE:JILL) (Q1) EPS estimates of 17 cents, compared to 24 cents in the prior-year quarter.

Canada

Economic lookahead

Average Weekly Earnings (March) Average weekly earnings of non-farm payroll employees were $1,007 in February, little changed from the previous month. Compared with 12 months earlier, earnings grew by 1.1%

Featured Earnings

National Bank of Canada (T.NA) (Q2) EPS estimates of $1.52, compared to $1.45 in the prior-year quarter.

Laurentian Bank of Canada (T.LB) (Q2) EPS estimates of $1.07, compared to $1.47 in the prior-year quarter.

Friday

U.S.

Economic lookahead

Personal Income and Spending (April)

Michigan Consumer Sentiment (May)

Featured Earnings

Build-A-Bear Workshop Inc. (NYSE:BBW) (Q1) EPS estimates of 15 cents, compared to two cents in the prior-year quarter.


Canada

Economic lookahead

Industrial Product Price Index (April) The index rose 1.3% in March, mainly due to higher prices for energy and petroleum products.

Raw Materials Price Index (April) This index increased 2.8%, primarily due to higher prices for crude energy products.

Gross Domestic Product (March) GDP contracted by 0.1% in February, as the finance, manufacturing, mining and oil and gas sectors all shrank.