Next Week’s Earnings Report Preview (March 13-19, 2017)

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E.l.f. Beauty’s quarterly results surpassed analysts’ expectations, with sales growing by 17 percent in Q4 to reach $76.4 million. The cosmetics brand earned 19 cents per share, excluding items, up from 14 cents a year earlier. Wall Street had expected e.l.f. Beauty to report earnings of 14 cents per share on $74.5 million in sales. Shares of the company closed 14 percent higher on the same day the data was released.

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Trading News To Watch Next Week (March 13-19, 2017)

Monday March 13, 2017

EUR – ECB President Draghi Speaks – 1:30pm GMT

Draghi is due to deliver opening remarks at the Massachusetts Institute of Technology Labs for Innovation Science and Policy Fostering, in Frankfurt. As head of the ECB, which controls short-term interest rates, he has more influence over the euro’s value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

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Weekly Overview (February 27-March 5, 2017): US Economy Grew and more

Man Walking On The Street | DF markets

Orders for US Durable Goods bounced back in January, data released last Monday showed. Bookings for goods meant to last at least three years rose 1.8 percent after a 0.8 percent decrease in December, the Commerce Department reported. Bookings for non-military capital goods excluding aircraft, a proxy for future business investment, fell 0.4 percent after a 1.1 percent jump in the previous month.

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