Canadian GDP Figures on Tap Next Week

Monday

U.S.

Economic Lookahead

S&P U.S. manufacturing PMI (October)

S&P U.S. services PMI (October)

Featured Earnings

HSBC Holdings plc (NYSE: HSBC) (Q4) EPS estimates for $1.08, compared to 85 cents in the prior-year quarter.

Cadence Design Systems Inc. (NASDAQ: CDNS) (Q3) EPS estimates for 76 cents, compared to 65 cents in the prior-year quarter.

Discover Financial Services (NYSE:DFS) (Q3) EPS estimates for $3.67, compared to $3.54 in the prior-year quarter.

Canada

Featured Earnings

Celestica Inc. (T.CLS) (Q3) EPS estimates for 58 cents, compared to 57 cents in the prior-year quarter.

Newcrest Mining (T.NCM) (Q1) EPS estimates for a breakeven reading, compared to a gain of 75 cents in the prior-year quarter.

PrairieSky Royalty Ltd. (T.PSK) (Q3) EPS estimates for 35 cents, compared to 46 cents in the prior-year quarter.

Tuesday

U.S.

Economic Lookahead

S&P Case-Shiller U.S. home price index (Aug.)

FHFA U.S. home price index (Aug)

Consumer Confidence Index (Oct.)

Featured Earnings

Microsoft Corporation (NASDAQ:MSFT) (Q3) EPS estimates for $2.30, compared to $2.27 in the prior-year quarter.

Alphabet Inc. (NASDAQ: GOOG) (Q3) EPS estimates for $1.25, compared to $1.40 in the prior-year quarter.

Visa Inc. (NYSE:V) (Q3) EPS estimates for $1.86, compared to $1.62 in the prior-year quarter.

Canada

Canadian National Railway Company (T.CNR) (Q3) EPS estimates for $2.00, compared to $1.93 in the prior-year quarter.

First National Financial Corporation (T.FN) (Q3) EPS estimates for 70 cents, compared to $1.01 in the prior-year quarter.

Neighbourly Pharmacy Inc. (T.NBLY) (Q2) EPS estimates for 10 cents, compared to nine cents in the prior-year quarter.

Wednesday

U.S.

Economic Lookahead

New Home Sales (Sept.)

Featured Earnings

Meta Platforms Inc. (NASDAQ:META) (Q3) EPS estimates for $1.82, compared to $3.22 in the prior-year quarter.

Thermo Fisher Scientific Inc (NYSE:TMO) (Q3) EPS estimates for $4.77, compared to $5.76 in the prior-year quarter.

Bristol-Myers Squibb Company (NYSE:BMY) (Q3) EPS estimates for $1.82, compared to $2.00 in the prior-year quarter.

Canada

Economic Lookahead

BoC Interest Rate Decision (about 10 a.m. EDT) Last month, the central bank increased its target for the overnight rate to 3.25%, with the Bank Rate at 3.5% and the deposit rate at 3.25%.

Featured Earnings

Agnico Eagle Mines Limited (T.AEM) (Q3) EPS estimates for 62 cents, compared to 98 cents in the prior-year quarter.

Canadian Pacific Railway Limited (T.CP) (Q3) EPS estimates for one dollar, compared to 90 cents in the prior-year quarter.

West Fraser Timber Co. Ltd. (T.WFG) (Q3) EPS estimates for $2.27, compared to $7.59 in the prior-year quarter.

Thursday

U.S.

Economic Lookahead

Initial Jobless Claims (week of Oct. 22)

Real gross domestic product, first estimate (Q3)

Durable Goods Orders (Sept.)

Featured Earnings

Apple Inc. (NASDAQ: AAPL) (Q4) EPS estimates for $1.26, compared to $1.24 in the prior-year quarter.

Amazon.com Inc. (NASDAQ: AMZN) (Q3) EPS estimates for 23 cents, compared to 21 cents in the prior-year quarter.

Mastercard Incorporated (NYSE: MA) (Q3) EPS estimates for $2.57, compared to $2.37 in the prior-year quarter.

Canada

Economic Lookahead

Payroll Employment, Earnings and Hours (Aug.) The number of employees receiving pay or benefits from their employer—measured by the Survey of Employment, Payrolls and Hours—edged up by 12,900 (+0.1%) in July, bringing the total increase to nearly 1.3 million (+7.9%) since July 2021.

Featured Earnings

Canadian Utilities Limited (T.CU) (Q3) EPS estimates for 36 cents, compared to 51 cents in the prior-year quarter.

Eldorado Gold Corporation (T.ELD) (Q3) EPS estimates for nine cents, compared to eight cents in the prior-year quarter.

Shopify Inc. (T.SHOP) (Q3) EPS estimates for loss of seven cents, compared to loss of three cents in the prior-year quarter.

Friday

U.S.

Economic Lookahead

Employment cost index (Q3)

PCE price index (Sept.)

Real disposable income (Sept.)

Real Consumer Spending (Sept.)

Pending home sales index (Sept.)

UMich. Consumer Sentiment Index (Sept.)

Featured Earnings

Exxon Mobil Corporation (NYSE:XOM) (Q3) EPS estimates for $3.59, compared to $1.58 in the prior-year quarter.

Chevron (NYSE: CVX) (Q3) EPS estimates for $5.06, compared to $2.59 in the prior-year quarter.

AbbVie Inc. (NYSE: ABBV) (Q3) EPS estimates for $3.57, compared to $3.33 in the prior-year quarter.

Canada

Economic Lookahead

Gross Domestic Product (August) Real GDP edged up 0.1% in July, led by goods-producing industries.

Featured Earnings

Air Canada (T.AC) (Q3) EPS estimates for gain of 41 cents, compared to a loss of $1.60 in the prior-year quarter.

Imperial Oil Limited (T.IMO) (Q3) EPS estimates for $3.07, compared to $3.63 in the prior-year quarter.

Fortis Inc. (T.FTS) (Q3) EPS estimates for 69 cents, compared to 57 cents in the prior-year quarter.