By William Trent, CFA of Stock Market Beat
The Economic Calendar gets busy. We have durable goods (consensus = -3.0%) on Tuesday, preliminary GDP (consensus = 2.3%) on Wednesday, and ISM Manufacturing (consensus = 49.7) on Friday.
Earnings Reports
Ceradyne (CRDN) reports on Monday. It did not make it on any of our watch lists, but is nonetheless a name we follow. Consensus calls for $1.18 on $171 million in revenue, with forward guidance of $1.24 on $178 million.
Tech names Brocade (BRCD) and Marvell (MRVL) are also up on Monday. Brocade is expected to earn $0.10 on $215 million in revenue and guide to $0.08 on $337 million. Marvell is expected to earn $0.08 on $625 million in revenue and guide toward $0.10 on $650 million.
Autodesk (ADSK) reports on Tuesday. The company has some business overlap with Mid Cap Watch List member Dassault Systemes (DASTY). Autodesk is targeted to earn $0.46 on $497 million revenue and guide to $0.44 on $500.
The big earnings news for the week will be Dell (DELL) on Thursday. Estimates call for $0.29 EPS on $14.9 billion in revenue, and for guidance of $0.28 on $14.3 billion.