Short Week in Store in Canada

Monday

U.S.

Featured Earnings

Agilent Technologies Inc. (NYSE: A) (Q1) EPS estimates of 48 cents, compared to 44 cents in the prior-year quarter. This week, the company announced the expanded use of Agilent´s Dako PD-L1 IHC 28-8 pharmDx test for squamous cell carcinoma of the head and neck, the most prevalent type of head and neck cancer.

Nordson Corporation (NASDAQ: NDSN) (Q3) EPS estimates of $1.30, compared to $1.19 in the prior-year quarter. This week, Nordson announced a third-quarter 2017 cash dividend in the amount of $0.27 per common share, payable on June 13, to shareholders of record as of the close of business on May 30.

Luxoft Holding Inc. (NYSE: LXFT) (Q4) EPS estimates of 51 cents, compared to 46 cents in the prior-year quarter.


Canada

Markers closed for Victoria Day

Tuesday

Economic lookahead

New Home Sales (April)

Redbook (Weekly)

Featured Earnings

DSW Inc. (NYSE: DSW) (Q1) EPS estimates of 34 cents, compared to 40 cents in the prior-year quarter.

Heico Corporation (NYSE: HEI) (Q2) EPS estimates of 50 cents, compared to 46 cents in the prior-year quarter. HEICO announced in late April that its Flight Support Group completed the acquisition of Air Cost Control. Financial terms were not disclosed, but HEICO stated that it expects the acquisition to be accretive to its earnings within the year following closing.

Momo Inc. (NASDAQ: MOMO) (Q1) EPS estimates of 28 cents, compared to three cents in the prior-year quarter.

Canada

Wholesale Trade (March) Wholesale sales edged down 0.2% to $58.9 billion in February, following four consecutive monthly increases.


Wednesday

U.S.

Economic lookahead

FHFA House Price Index (March)

PMI Composite Index – Flash (May)

Existing Home Sales (April)

EIA Petroleum Report (May 16-22)

FOMC Minutes (2 p.m.)

Featured Earnings

Amerco (NASDAQ: UHAL) (Q4) EPS estimates of $1.99, compared to $2.68 in the prior-year quarter.

Guess? Inc. (NYSE: GES) (Q1) EPS estimates for loss of 32 cents, compared to a loss of 23 in the prior-year quarter.

HP Inc. (HPQ) (Q2) EPS estimates of 39 cents, compared to 41 cents in the prior-year quarter.

Canada

Economic lookahead

Bank Rate Announcement (10 a.m.)

Featured Earnings

Bank of Montreal (T.BMO) (Q2) EPS estimates of $1.93, compared to $1.73 in the prior-year quarter.

Thursday

U.S.

Economic lookahead

International Trade in Goods (April)

Jobless Claims (May 16-22)

Federal Balance Sheet

Money Supply

Featured Earnings

Abercrombie & Fitch Company (NYSE: ANF) (Q1) EPS estimates for loss of 59 cents, compared to a loss of 71 cents in the prior-year quarter.

Costco Wholesale Corporation (NASDAQ: COST) (Q1) EPS estimates of $1.31, compared to $1.24 in the prior-year quarter.

Medtronic plc. (NYSE: MDT) (Q4) EPS estimates of $1.31, compared to $1.27 in the prior-year quarter.


Canada

Economic lookahead

Weekly Earnings (March) Average weekly earnings of non-farm payroll employees were $968 in February, little changed from January and up 1.5% from 12 months earlier.

Featured Earnings

Heroux-Devtek Inc. (T.HRX) (Q4) EPS estimates of 22 cents, compared to 25 cents in the prior-year quarter. In late April, Héroux-Devtek announced that its unionized employees at the landing gear products facility in Longueuil, Québec have voted in favor of a three-year collective agreement, which now extends through April 30, 2020. The renewal concerns approximately 255 employees who are members of Unifor, Local Section 1956.

Royal Bank of Canada (T.RY) (Q2) EPS estimates of $1.80, compared to $1.71 in the prior-year quarter.

Canadian Imperial Bank of Commerce (T.CM) (Q2) EPS estimates of $2.57, compared to $2.40 in the prior-year quarter.

Friday

U.S.

Economic lookahead

Durable Goods Orders (April)

Gross Domestic Product (Q1 preliminary)

Corporate Profits (Q1 preliminary)

Consumer Sentiment (May—final)

Featured Earnings

DragonWave Inc (NASDAQ: DRWI) (Q4) EPS estimates for a loss of 68 cents, compared to a loss of $2.98 in the prior-year quarter.