Next Week -- Barron's
24 June 2023 - 12:00PM
Dow Jones News
Monday 6/26
Carnival reports second-quarter fiscal-2023 results.
Tuesday 6/27
Jefferies Financial Group and Walgreens Boots Alliance announce
earnings.
Delta Air Lines holds its 2023 investor day.
The Census Bureau releases the durable goods report for May.
Economists forecast that new orders for manufactured durable goods
declined 1% from April to $280 billion.
The Census Bureau reports new-home sales data for May. Consensus
estimate is for a seasonally adjusted annual rate of 659,000 new
single-family homes sold, 24,000 fewer than in April. The median
sales price was $420,800 in April, 15.3% less than the record high
of nearly $500,000 from last October.
Wednesday 6/28
General Mills releases fourth-quarter fiscal-2023 results.
The Federal Reserve releases the results of its annual stress
test of the nation's largest lenders. The test is a key factor in
determining how much banks can return to shareholders via stock
buybacks and dividends as it sets the capital cushion that banks
must maintain to withstand a series of market and economic shocks.
Banks with $100 billion or more in assets are subject to the stress
test, with larger banks required to participate annually, and banks
with $100 to $250 billion in assets required to participate every
other year.
Thursday 6/29
McCormick, Nike, and Paychex host conference calls to discuss
earnings.
The Bureau of Economic Analysis releases its third and final
estimate of gross-domestic-product growth for the first quarter.
Expectations are for GDP to have increased at an annual rate of
1.4%, a tenth of a percentage point more than the BEA's second
estimate from late May.
Friday 6/30
Constellation Brands reports first-quarter fiscal-2024
earnings.
The BEA reports personal income and expenditures for May. The
consensus call is for income to rise 0.4% month over month,
matching the April data. Spending is seen increasing 0.3%,
following a 0.8% gain in April. The Federal Reserve's favored
inflation gauge, the core personal-consumption expenditures price
index, is expected to increase 4.7% year over year, unchanged from
April.
The Institute for Supply Management releases the Chicago
Business Barometer for June. Economists forecast a 44.2 reading,
almost four points more than in May. The index has had nine
consecutive readings below the expansionary level of 50.
To subscribe to Barron's, visit
http://www.barrons.com/subscribe
(END) Dow Jones Newswires
June 23, 2023 21:45 ET (01:45 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Carnival (NYSE:CCL)
Historical Stock Chart
From May 2024 to Jun 2024
Carnival (NYSE:CCL)
Historical Stock Chart
From Jun 2023 to Jun 2024