Lyft, Uber Head to the Earnings Confessional

The PPI index will give another update on inflation

Karee Venema

Aug 1, 2019 at 11:42 AM

Amid a relatively light economic calendar, Wall Street will be watching another big dose of corporate earnings reports. While ride-hailing names Lyft (LYFT) and Uber (UBER) will each make their second appearances on the earnings stage since going public earlier this year, blue chip Walt Disney (DIS) will step up to the plate following the Dow stock's record-setting run on the charts. The semiconductor sector will remain in focus, too, with earnings from Microchip Technology (MCHP) and Skyworks Solutions (SWKS) also due.

Below is a brief list of some key market events scheduled for the upcoming week. All earnings dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.

The Institute for Supply Management's (ISM) non-manufacturing index is due on Monday, Aug. 5. Avis Budget (CAR), Continental Resources (CLR), Marriott International (MAR), Shake Shack (SHAK), Take-Two Interactive Software (TTWO), Tenet Healthcare (THC), and Tyson Foods (TSN) will report earnings.

Tuesday, Aug. 6, brings the Job Openings and Labor Turnover Survey (JOLTS). Walt Disney (DIS), Bausch Health (BHC), Blue Apron (APRN), Chesapeake Energy (CHK), Hertz (HTZ), Match (MTCH), Microchip Technology (MCHP), Mosaic (MOS), Nu Skin Enterprises (NUS), Paysign (PAYS), Wynn Resorts (WYNN), WW International (WW), and Weibo (WB) will step up to the earnings plate.

The weekly crude inventories report will be released on Wednesday, Aug. 7. Earnings from 3D Systems (DDD), Applied Optoelectronics (AAOI), Canada Goose (GOOS), Capri Holdings (CPRI), CVS Health (CVS), CyberArk Software (CYBR), Infinera (INFN), Intrexon (XON), Lyft (LYFT), Roku (ROKU), Switch (SWCH), Skyworks Solutions (SWKS), and Teva Pharmaceutical (TEVA) are due.

Weekly jobless claims will hit on Thursday, Aug. 8. Activision Blizzard (ATVI), AMC Entertainment (AMC), Cardinal Health (CAH), Cronos Group (CRON), Dropbox (DBX), Esperion Therapeutics (ESPR), Keurig Dr Pepper (KDP), Nektar Therapeutics (NKTR), Overstock.com (OSTK), Party City (PRTY), Symantec (SYMC), Uber (UBER), and Yelp (YELP) are slated to report earnings.

The headline producer price index (PPI) for July will be unveiled on Friday, Aug. 9. Tidewater (TDW), Tribune Media (TRCO), and U.S. Concrete (USCR) will release earnings reports.

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