Canadian GDP Due out Next Week

May 23, 2025 - 20:00
Canadian GDP Due out Next Week


U.S.

Monday

Markets are closed for Memorial Day

Tuesday

U.S.

Economic Lookahead

Durable-goods orders (April)

S&P CoreLogic Case-Shiller home price index (March)

Consumer confidence (May)

Featured Earnings

AutoZone Inc (NYSE: AZO) (Q3) EPS of $37.00 compared to $36.69 in the prior-year quarter.

Okta, Inc. (NASDAQ: OKTA) (Q1) EPS for gain of 24 cents, compared to a loss of 13 cents in the prior-year quarter.

Sociedad Química y Minera de Chile S.A. (NYSE: SQM) (Q1) EPS of 63 cents, compared to 80 cents in the prior-year quarter.

Canada

Featured Earnings

Bank of Nova Scotia (T.BNS) (Q2) EPS of $1.57, compared to $1.76 in the prior-year quarter.

Highland Copper Company Inc. (T.HI) (Q3) EPS for loss of 0.11 cents, identical to the prior-year quarter.

Wednesday

U.S.

Economic Lookahead

Minutes of FOMC Meeting (May)

Featured Earnings

NVIDIA Corporation (NASDAQ: NVDA) (Q1) EPS of 83 cents, compared to 58 cents in the prior-year quarter.

Salesforce (NYSE: CRM) (Q1) EPS of $1.87 compared to $1.90 in the prior-year quarter.

Synopsys, Inc. (NASDAQ: SNPS) (Q2) EPS of $2.40 compared to $2.14 in the prior-year quarter.

Canada

Featured Earnings

Bank of Montreal (T.BMO) (Q2) EPS of 12 cents, compared to 21 cents in the prior-year quarter.

Champion Iron Limited (T.CIA) (Q4) EPS of 12 cents, compared to breakeven in the prior-year quarter.

EQB Inc. (T.EQB) (Q2) EPS of $2.69, compared to $2.98 in the prior-year quarter.

National Bank of Canada (T.NA) (Q2) EPS of $2.38, compared to $2.93 in the prior-year quarter.

Thursday

U.S.

Economic Lookahead

Initial jobless claims (May 24)

GDP (First Revision) (Q1)

Pending home sales (April)

Featured Earnings

Costco Wholesale Corporation (NASDAQ: COST) (Q3) EPS of 12 cents, compared to 21 cents in the prior-year quarter.

Dell Technologies (NYSE: DELL) (Q1) EPS of $1.48, compared to $1.04 in the prior-year quarter.

Marvell Technologies (NASDAQ: MRVL) (Q1) EPS of 44 cents, compared to eight cents in the prior-year quarter.

Canada

Economic Lookahead

Payroll Employment, Earnings and Hours (March) The number of employees receiving pay and benefits from their employer—measured as "payroll employment" in the Survey of Employment, Payrolls and Hours—decreased by 49,000 (-0.3%) in February, following an increase of 14,400 (+0.1%) in January. On a year-over-year basis, payroll employment was up 124,300 (+0.7%) in February.

Featured Earnings

BRP Inc. (T.DOO) (Q1) EPS of 41 cents, compared to 98 cents in the prior-year quarter.

Canadian Imperial Bank Of Commerce (T.CM) (Q2) EPS of $1.88, compared to $2.20 in the prior-year quarter.

Royal Bank of Canada (T.RY) (Q2) EPS of 12 cents, compared to 21 cents in the prior-year quarter.

Friday

U.S.

Economic Lookahead

Personal Income (April)

Personal Spending (April)

Advanced U.S. trade balance in goods (April)

Consumer sentiment (final) (May)

Featured Earnings

Genesco Inc. (NYSE: GCO) (Q1) EPS for loss of $2.06, compared to loss of $2.10 in the prior-year quarter.

 

Canada

Economic Lookahead

GDP (March) Real gross domestic product was down 0.2% in February, driven by decreases in both goods-producing and services-producing industries.

Featured Earnings

Canopy Growth Corporation (T.WEED) (Q4) EPS for loss of 36 cents, compared to a loss of $1.11 in the prior-year quarter.

Cresco Labs Inc. (C.CL) (Q1) EPS for loss of three cents, compared to breakeven in the prior-year quarter.

Laurentian Bank of Canada (T.LB) (Q2) EPS of 75 cents, compared to 78 cents in the prior-year quarter.