Today’s Stock Market News & Events: 6/17/2021 – Schaeffer’s Investment Research

A quick overview of major market-moving events including economic reports and earnings reports scheduled for June 17

Today the usual initial and continuing jobless claims data are due out, as well as the Philadelphia Fed manufacturing index, and leading economic indicators.

The following public companies are slated to release quarterly earnings reports today, June 17:

Commercial Metals Co. (NYSE:CMC — $31.35) manufactures, recycles, and fabricates steel and metal products, and related materials and services. Commercial Metals will report its Q3 earnings of 2021 before the bell today.

Jabil Inc. (NYSE:JBL — $56.56) provides manufacturing services and solutions worldwide. Jabil will report its Q3 earnings of 2021 before the bell today.

The Kroger Co. (NYSE:JBL — $37.55) operates as a retailer in the United States. Kroger will report its Q3 earnings of 2021 before the bell today.

Adobe Inc. (NASDAQ:ADBE — $543.33) operates as a diversified software company worldwide. Adobe will report its Q2 earnings of 2021 after the market closes today.

Smith & Wesson Brands Inc. (NASDAQ:20.55 — $20.55) designs, manufactures, and sells firearms worldwide. Smith & Wesson Brands will report its Q4 earnings of 2021 after the market closes today.

The following public company released its quarterly earnings report yesterday, June 16:

Lennar Corp. (NYSE:LEN — $92.55) operates as a homebuilder primarily under the Lennar brand in the United States. Lennar reported $2.04 earnings per share for the quarter, topping the consensus estimate of $1.71 by $0.33. The business earned $5.30 billion during the quarter, compared to analysts’ expectations of $5.21 billion.

Looking ahead to tomorrow, there is no economic data expected on Friday. All economic dates listed here are tentative and subject to change.

The Kroger Co. (NYSE:JBL — $37.55) operates as a retailer in the United States. Kroger will report its Q3 earnings of 2021 before the bell today.

Source: https://www.schaeffersresearch.com/content/news/2021/06/17/todays-stock-market-news-events-6-17-2021

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