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CPI Due in Canada Next Week

Baystreet - Fri Jul 14, 2023

Monday

U.S.

Economic Lookahead

Empire State Manufacturing (July)

Retail sales (June)

Industrial production (June)

Featured Earnings

Equity Lifestyle Properties Inc. (NYSE:ELS) (Q2) Reported EPS for 66 cents, compared to 64 cents in the prior-year quarter.

FB Financial Corporation (NYSE:FBK) (Q2) Reported EPS for 66 cents, compared to 64 cents in the prior-year quarter.

CrossFirst Bankshares Inc. (NASDAQ:CFB) (Q2) Reported EPS for 35 cents, compared to 31 cents in the prior-year quarter.

Canada

Economic Lookahead

Canada's International Transactions in Securities (May) Foreign investors acquired $13.5 billion of Canadian securities in April, following a significant divestment in March. Meanwhile, Canadian investors added $2.4 billion of foreign securities to their holdings, after four consecutive months of reductions.

Wholesale Trade (May) Wholesale sales fell 1.4% to $80.9 billion in April.

Canada

Numinus Wellness Inc (T.NUMI)(Q3) Reported EPS for loss of two cents, compared to a loss of three cents in the prior-year quarter.

Platinum Group Metals Ltd. (T.PTM) (Q3) Reported EPS for loss of three cents, compared to a loss of one cent in the prior-year quarter.

PrairieSky Royalty Ltd. (T.PSK) (Q2) Reported EPS for 23 cents, compared to 24 cents in the prior-year quarter.

Tuesday

U.S.

Economic Lookahead

Retail sales (June)

Industrial production (June),

Business inventories (May)

Home Builder Confidence Index (June)

Featured Earnings

Bank of America Corporation (NYSE:BAC) (Q2) Reported EPS for 85 cents, compared to 73 cents in the prior-year quarter.

Novartis AG (NYSE:NVS) (Q2) Reported EPS for $1.67 compared to $1.56 in the prior-year quarter.

Morgan Stanley (NYSE:MS) (Q1) Reported EPS for $1.35, compared to $1.44 in the prior-year quarter.

Canada

Economic Lookahead

Consumer Price Index (June) CPI rose 3.4% on a year-over-year basis in May, following a 4.4% increase in April. On a seasonally adjusted monthly basis, the CPI rose 0.1% in May.

Housing Starts (June) The trend in housing starts was 230,205 units in May 2023, down from 240,318 units in April.

Industrial Product Price Index (June) The index fell 1.0% month over month in May and was 6.3% lower than in May 2022.

Raw Materials Price Index (June) The index decreased 4.9% on a monthly basis in May and fell 18.4% year over year.

Featured Earnings

BIGG Digital Assets Inc (C.BIGG) (Q1) Reported EPS for loss of half a cent, compared to a loss of 0.6 cents in the prior-year quarter.

Goodfood Market Corp. (T.FOOD) (Q3) Reported EPS for loss of four cents compared to loss of two cents in the prior-year quarter.

Wednesday

U.S.

Economic Lookahead

Housing Starts (June)

Featured Earnings

Tesla Inc. (NASDAQ:TSLA) (Q2) Reported EPS for 69 cents, compared to 65 cents in the prior-year quarter.

Netflix Inc. (NASDAQ:NFLX) (Q2) Reported EPS for $2.81, compared to $3.20 in the prior-year quarter.

ASML Holding Corporation (NYSE:ASML) (Q2) Reported EPS for $4.97, compared to $3.77 in the prior-year quarter.

Thursday

U.S.

Economic Lookahead

Initial Jobless Claims (week of July 15)

Existing Home Sales (June)

U.S. Leading Economic Indicators (June)

Featured Earnings

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) (Q2) Reported EPS for $1.07, compared to $1.55 in the prior-year quarter.

Johnson & Johnson (NYSE:JNJ) (Q1) Reported EPS for $2.69, compared to $2.52 in the prior-year quarter.

Abbott Laboratories (NYSE:ABT) (Q2) Reported EPS for $1.04 compared to $1.43 in the prior-year quarter.

Canada

Featured Earnings

Mullen Group Ltd. (T.MTL) (Q2) Reported EPS for 29 cents, compared to 33 cents in the prior-year quarter.

Newmont Corporation (T.NGT) (Q2) Reported EPS for 74 cents, compared to 54 cents in the prior-year quarter.

West Fraser Timber Co. Ltd. (T.WFG) (Q2) Reported EPS for gain of 20 cents, compared to a loss of 52 cents in the prior-year quarter.

Friday

U.S.

Featured Earnings

American Express Company (NYSE:AXP) (Q2) Reported EPS for $2.80, compared to $2.57 in the prior-year quarter.

SLB (NYSE:SLB) (Q2) Reported EPS for 71 cents, compared to 50 cents in the prior-year quarter.

Roper Technologies, Inc. (NYSE:ROP) (Q2) Reported EPS for four dollars, compared to $3.95 in the prior-year quarter.

Canada

Economic Lookahead

New Housing Price Index (June) The national index increased 0.1% month over month in May, its first increase since August 2022.

Retail Trade (May) Retail sales increased 1.1% to $65.9 billion in April.

Featured Earnings

Critical Elements Lithium Corporation (V.CRE) (Q4) Reported EPS for loss of one cent, compared to breakeven in the prior-year quarter.