The Week Ahead: Sprint and Peabody earnings, Fed meeting, Women’s Conference

Here’s a look at some of the stories Missouri Business Alert is tracking this week:

Monday

Peabody Energy is expected to report quarterly results before the market opens. A large debt load and low coal prices have fueled talk of the St. Louis-based coal company facing bankruptcy.

Southern Missouri Bancorp is scheduled to release its earnings. For the same period last year, the Poplar Bluff-based company posted earnings per share of 71 cents, Yahoo reports.

Tuesday

Sprint plans to report quarterly earnings. The Overland Park, Kan.-based telecom company moved up the date of its earnings release and conference call by a week hoping to ease investors’ concerns, Bloomberg reports.

Missouri-based bank holding companies UMB Financial Corp. and Pulaski Financial Corp. are also expected to report quarterly results.

Wednesday

The Federal Reserve Bank’s Federal Open Market Committee concludes its two-day meeting. After the committee raised the interest rate at its December meeting, the Federal funds rate target is not expected to change at this month’s meeting, Bloomberg reports.

Boeing is scheduled to release its quarterly results before the market opens. The average earnings per share projection of 17 analysts polled is $1.62, down from EPS of $2.12 for the same quarter last year, Yahoo reports.

Thursday

Kansas City-based DST Systems and Chesterfield-based Reinsurance Group of America are scheduled to release earnings numbers.

Friday

The St. Louis Business Journal will host its annual Women’s Conference. Author and journalist Sheryl WuDunn will deliver the keynote, and Sen. Claire McCaskill is among the other headliners for the daylong event.


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