GDP Figures Due Next Friday


Monday

U.S.

Economic Lookahead

Purchasing Managers Index – Flash (Nov.)

Featured Earnings

Lennar Corporation (NYSE: LEN) (Q4) EPS estimates of $1.27, compared to $1.21 in the prior-year quarter.

Worthington Industries Inc. (NYSE: WOR) (Q2) EPS estimates of 77 cents, compared to 60 cents in the prior-year quarter.

Tuesday

U.S.

Economic lookahead

Redbook (Weekly)

Featured Earnings

CarMax Inc (NYSE: KMX) (Q3) EPS estimates of 71 cents, compared to 63 cents in the prior-year quarter.

Darden Restaurants Inc. (NYSE: DRI) (Q2) EPS estimates of 63 cents, compared to 54 cents in the prior-year quarter.

FedEx Corporation (NYSE: FDX) (Q2) EPS estimates of $2.91, compared to $2.58 in the prior-year quarter.

General Mills Inc. (NYSE: GIS) (Q2) EPS estimates of 88 cents, compared to 82 cents in the prior-year quarter.

Nike Inc. (NYSE: NKE) (Q2) EPS estimates of 43 cents, compared to 45 cents in the prior-year quarter.

Canada

Economic lookahead

Wholesale Trade (Oct.) Wholesale sales decreased 1.2% to $56.0 billion in September, following increases in four of the previous five months.

Employment Insurance (Oct.) Regular Employment Insurance beneficiaries totaled 571,800 in September, up 3,300 or 0.6% from August.

Featured Earnings

BlackBerry Limited (T.BB) (Q3) EPS estimates for loss of one cent, compared to a loss of three cents in the prior-year quarter. Last week, BlackBerry unveiled its mobile-native approach to security with the launch of a comprehensive platform designed for the Enterprise of Things.

Imvescor Restaurant Group Inc. (T.IRG) (Q4) EPS estimates of five cents, compared to six cents in the prior-year quarter.

Wednesday

U.S.

Economic lookahead

Existing Home Sales (Nov.)

EIA Petroleum Report (Dec. 12-18)


Featured Earnings

Accenture plc (NYSE: ACN) (Q1) EPS estimates of $1.49, compared to $1.28 in the prior-year quarter.

Bed Bath & Beyond Inc. (NASDAQ: BBBY) (Q3) EPS estimates of $1.00, compared to $1.09 in the prior-year quarter.

Micron Technology Inc. (NASDAQ: MU) (Q1) EPS estimates of 24 cents, identical to the prior-year quarter.


Canada

Average Weekly Earnings (Oct.) Statistics Canada reported that average weekly earnings of non-farm payroll employees were $957 in September, down 0.1% from the previous month and up 0.4% from 12 months earlier.


Thursday

U.S.

Economic lookahead

Durable Goods Orders (Nov.)

Gross Domestic Product (Q3-final)

Jobless Claims (Dec. 13-19)

FHFA House Price Index (Oct.)

Leading Indicators (Nov.)

Corporate Profits (Q3)

Federal Balance Sheet

Money Supply

Featured Earnings

Cal-Maine Foods Inc. (NASDAQ: CALM) (Q2) EPS estimates for loss of 48 cents, compared to gain of $2.26 in prior-year quarter.

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

Canada

Economic lookahead

Retail Trade (Oct.) Following four months of little change, retail sales rose 0.6% to $44.4 billion in September on the strength of higher sales at motor vehicle and parts dealers.

Consumer Price Index (Nov.) CPI rose 1.5% on a year-over-year basis in October, following a 1.3% gain in September. On a seasonally adjusted monthly basis, the CPI increased 0.2% in October, matching the gain in September.


Friday

U.S.

Economic lookahead

New Home Sales (Nov.)

Consumer Sentiment (Dec.)


Canada

Economic lookahead

Industrial Product Price Index (Nov.) IPPI rose 0.7% in October, led by higher prices for energy and petroleum products.

Raw Materials Price Index (Nov.) RMPI increased 3.3%, mainly due to higher prices for crude energy products.

Gross Domestic Product (Oct.) GDP rose for the fourth consecutive month in September, growing 0.3%.