7:38 AM ยท 21 July 2023

Economic calendar: More Quarterly Earnings Ahead ๐Ÿ”Ž

  • UK, Canada, and Poland Retail Sales
  • American Express Quarterly Results

Today's macroeconomic calendar is relatively light in terms of both economic publications and quarterly results of the largest companies. However, among the most important quarterly releases, we can mention companies such as:

  • America Express (AXP.US) - the issuer of debit, credit, and prepaid cards is expected to report higher results than last year, with a forecasted EPS of $2.80, up from $2.57 last year

  • Schlumberger (SLB.US) - the company providing services related to oilfield operations is also expected to report higher results than last year, with a forecasted EPS of $0.70, up from $0.50 last year

  • AutoNation (AN.US) - the American car dealer is expected to report slightly lower results than last year, with a forecasted EPS of $5.80, down from $6.48 last year

 

Detailed macro calendar:
9:00 AM, Poland - Retail Sales:

  • Expected 2.6% y/y; Previously 1.8% y/y

1:30 PM, Canada - Retail Sales:

  • Headline: Expected 0.5% m/m; Previously 1.1% m/m
  • Ex. Auto: Expected 0.2% m/m; Previously 1.3% m/m
     
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