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Wall Street Watches for Deere Earnings and Manufacturing Data on Feb 20

July 28, 2023
in Trade Tube
Reading Time: 1 min read
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More earnings and some manufacturing data: that’s what to watch on Wall Street for Feb. 20. Machinery manufacturer Deere & Company (DE) posts earnings before the opening bell. Analysts expect the machinery company to post earnings per share of $0.83 on sales of $5.5 billion. Wall Street will also be keeping an eye out for earnings from Choice Hotels International (CHH), aerospace manufacturer Barnes Group (B) and Cabot Oil & Gas Group (COG). As for economic data, at 9:45am the purchasing managers’ manufacturing index is released. Analysts are expecting a level of 53.8. At 10am, some key insight on inflation is revealed from Atlanta’s Fed Business Inflation Expectations report. TheStreet’s Scott Gamm reports from New York.

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