Housing Numbers Due for Canada Next Week, Leading Indicators to be Revealed Stateside

Monday

U.S.

Economic Lookahead

Empire State Index (March)

Featured Earnings

JOYY Inc. (NASDAQ:YY) (Q2) EPS projected for $1.09, compared to 96 cents in the prior-year quarter.

Accel Entertainment Inc. (NYSE:ACEL) (Q4) EPS projected for gain of four cents, compared to loss of 18 cents in the prior-year quarter.

Fortress Biotech Inc. (NASDAQ: FBIO) (Q4) EPS projected for loss of 15 cents, compared to a loss of 27 cents in the prior-year quarter.

Canada

Housing Starts (Feb.) The trend in housing starts was 244,963 units in January, up from 238,747 units in December 2020.

Monthly Survey of Manufacturing (Jan.) Manufacturing sales bounced back in December following a 0.4{fde03d2f1c3ee029f0b86461a3e50e9d647f04138057fbe6f119870871f02d29} decline in November, rising 0.9{fde03d2f1c3ee029f0b86461a3e50e9d647f04138057fbe6f119870871f02d29} to $54.2 billion on higher sales in the wood product, transportation equipment, and petroleum and coal product industries.

Featured Earnings

Energy Fuels Inc. (T.EFR) (Q4) EPS projected for loss of six cents, compared to a loss of five cents in the prior-year quarter.

Orla Mining (T.OLA) (Q4) EPS projected for loss of one cent, compared to loss of three cents in the prior-year quarter.

Pollard Banknote (T.PBL) (Q4) EPS projected for 23 cents, compared to 53 cents in the prior-year quarter.

Tuesday

U.S.

Economic Lookahead

Retail Sales Index (Feb.)

Import Price Index (Feb.)

Industrial Production (Feb.)

Capacity Utilization (Feb.)

NAHB Index (March)

Business Inventories (Jan.)

Featured Earnings

CrowdStrike (NASDAQ CRWD) (Q4) EPS projected for a loss of seven cents, compared to a loss of 14 cents in the prior-year quarter.

Jabil (NYSE: JBL) (Q2) EPS projected for 79 cents, compared to 22 cents in the prior-year quarter.

Citi Trends, Inc. (NASDAQ: CTRN) (Q4) EPS projected for $1.76 compared to 88 cents in the prior-year quarter.

Canada

Economic Lookahead

CREA Stats (Feb.) Home sales recorded over Canadian MLS® Systems climbed 2{fde03d2f1c3ee029f0b86461a3e50e9d647f04138057fbe6f119870871f02d29} between December 2020 and January 2021 to set another new all-time record, for 583,635 home sales this year.

International Transaction in Securities (Jan.) Canadian investors acquired an unprecedented $26.9 billion of foreign securities in December, largely purchases of U.S. shares. Meanwhile, non-residents added $5.1 billion of Canadian securities to their holdings, the lowest investment in three months.

Featured Earnings

Ag Growth International (T.AFN) (Q4) EPS projected for seven cents, compared to $1.62 in the prior-year quarter.

Cardinal Energy (T.CJ) (Q4) EPS projected for loss of five cents, compared to a loss of four cents in the prior-year quarter.

Ero Copper (T.ERO) (Q4) EPS projected for 52 cents, identical to the prior-year quarter.

Wednesday

U.S.

Economic lookahead

Building Permits (Feb.)

Housing Starts (Feb.)

Federal Reserve Announcement

Featured Earnings

Cintas Corporation (NASDAQ: CTAS) (Q3) EPS projected for $2.19, compared to $2.16 in the prior-year quarter.

Five Below Inc. (NASDAQ:FIVE) (Q4) EPS projected for $2.11 compared to $1.96 in the prior-year quarter.

Williams-Sonoma Inc. (NYSE:WSM) (Q4) EPS projected for $3.22 compared to $1.96 in the prior-year quarter.

Canada

Economic lookahead

Consumer Price Index (Feb.) CPI rose 1.0{fde03d2f1c3ee029f0b86461a3e50e9d647f04138057fbe6f119870871f02d29} on a year-over-year basis in January, up from a 0.7{fde03d2f1c3ee029f0b86461a3e50e9d647f04138057fbe6f119870871f02d29} increase in December. On a seasonally adjusted monthly basis, the CPI rose 0.4{fde03d2f1c3ee029f0b86461a3e50e9d647f04138057fbe6f119870871f02d29} in January.

Featured Earnings

Alimentation Couche-Tard (T.ATD.B) (Q3) EPS projected for 70 cents, compared to 92 cents in the prior-year quarter.

Gamehost Inc. (T.GH) (Q4) EPS projected for 15 cents, compared to 12 cents in the prior-year quarter.

Surge Energy Inc. (T.SGY) (Q4) EPS projected for loss of 3.5 cents, compared to a loss of four cents in the prior-year quarter.

Thursday

U.S.

Economic Lookahead

Initial Jobless Claims (as of Mar.10)

Philadelphia Fed Manufacturing Survey (March)

Index of Leading Indicators (Feb.)

Featured Earnings

Nike Inc. (NYSE:NKE) (Q3) EPS projected for 75 cents, compared to 78 cents in the prior-year quarter.

Accenture (NYSE: ACN) (Q2) EPS projected for $1.89, compared to $1.91 in the prior-year quarter.

FedEx Corp. (NYSE: FDX) (Q3) EPS projected for $3.27, compared to $1.41 in the prior-year quarter.

Dollar General Corporation (NYSE: DG) (Q4) EPS projected for $2.68, compared to $2.10 in the prior-year quarter.

Canada

Economic Lookahead

New Housing Price Index (Feb.) New home prices rose at their fastest pace since October, increasing 0.7{fde03d2f1c3ee029f0b86461a3e50e9d647f04138057fbe6f119870871f02d29} nationally in January.

Featured Earnings

Endeavour Mining Corporation (T.EDV) (Q4) EPS projected for $1.11, compared to 58 cents in the prior-year quarter.

Fiera Capital Corporation (T.FSZ) (Q4) EPS projected for 41 cents, compared to 35 cents in the prior-year quarter.

North West Company Inc. (T.NWC) (Q4) EPS projected for 54 cents, compared to 84 cents in the prior-year quarter.

Photon Control (T.PHO) (Q4) EPS projected for three cents, identical to the prior-year quarter.

Friday

Featured Earnings

Liminal BioSciences Inc. (NASDAQ:LMNL) (Q3) EPS projected for loss of 54 cents, compared to a loss of $1.28 in the prior-year quarter.

Pyxis Tankers Inc. (NASDAQ: PXS) (Q4) EPS projected for loss of eight cents, compared to a loss of eight cents in the prior-year quarter.

Canada

Economic lookahead

Retail Sales (Jan,) Retail sales posted their largest decline since the low of April driven by the COVID-19 pandemic, decreasing 3.4{fde03d2f1c3ee029f0b86461a3e50e9d647f04138057fbe6f119870871f02d29} to $53.4 billion in December.

Featured Earnings

BRP Inc. (T.DOO) (Q4) EPS projected for $1.69, compared to $2.13 in the prior-year quarter.

Karora Resources Inc. (T.KRR) (Q4) EPS projected for 15 cents, compared to 24 cents in the prior-year quarter.

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