Monday
No major earnings are scheduled for release.
Tuesday
Before markets open on October 5th, PepsiCo will report its third-quarter earnings. The business has done remarkably well during the pandemic as its snack segment bolstered revenue with more people needing snacks as they stayed home. That trend helped offset declining beverage sales at restaurants and other entertainment venues.
Although the pandemic is far from over, the global vaccination campaign has encouraged people to leave their homes and venture into such settings so sales in away-from-home channels that suffered last year are now recovering. But PepsiCo management still has a few challenges to deal with such as supply chain bottlenecks across the globe and rising costs of commodities and labor.
Wednesday
Also on Wednesday, Costco Wholesale Corporation (NASDAQ:COST) will report its September sales figures.
Thursday
Food corporation Conagra Brands Inc (NYSE:CAG) will hold a conference call to discuss its quarterly financial numbers. This consumer-packaged goods food company has an established record of topping earnings estimates, especially when looking at the previous two reports with a trailing fourth-quarter earnings surprise of 9.4% on average.
Friday
The Bureau of Labor Statistics will release U.S. employment data for September to wrap up the week with CNBC's Jim Cramer calling it "the most important piece of data of the month".
By the time JPMorgan (NYSE:JPM) and other big banks start rereporting their September-quarter results on October 13th, almost two dozen S&P 500 members will report their August-quarter results.
The post A Glimpse of This Week's Earnings Calendar appeared first on IAM Newswire.89
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