The Week Ahead: Ameren and Cerner earnings, pension hearing, pitchers and catchers report

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

Monday

U.S. equities markets are closed in observance of President’s Day.

The opening night of the 38th annual TED Conference is taking place in Vancouver, but for the first time the event will be simulcast in theaters across the U.S. — including more than a dozen in Missouri. The conference features a variety of talks on “ideas worth spreading.” This year’s theme is “Dream.”

AMC Entertainment Holdings, the Leawood, Kan.-based theater chain operator, is scheduled to report quarterly earnings. The average earnings-per-share estimate of 17 analysts polled is 40 cents per share, up from EPS of 32 cents per share in the same quarter last year, Yahoo finance reports.

Tuesday

The U.S. Treasury is holding a session in Kansas City to hear public comments on a proposal that would cut benefits for thousands of retired union workers covered by the Central States Pension Fund, the Kansas City Star reports.

It’s earnings day for two of Missouri’s biggest players in the health care industry: Express Scripts, the St. Louis-based pharmacy benefits manager, and Cerner, the North Kansas City-based company that specializes in medical records technology.

Build-A-Bear Workshop, the St. Louis-based teddy bear retailer, also is scheduled to release results.

Wednesday

Companies of local interest set to report earnings include SunEdison Semiconductor, the St. Peters-based semiconductor maker, and Garmin, the navigation and wearable technology maker that has its U.S. headquarters in Olathe, Kan. The earnings report for Garmin follows closely on the heels of the company’s acquisition of DeLorme, a Maine-based maker of GPS products.

The Federal Reserve Bank is expected to release minutes from the January meeting of its Federal Open Market Committee, providing additional details on the central bank’s thinking about interest rates following a week in which Fed Chair Janet Yellen testified before both houses of Congress.

Thursday

Kansas City Royals pitchers and catchers report to Surprise, Arizona, marking the start of spring training for the defending World Series champions. Expectations are high in 2016 for the Royals and the St. Louis Cardinals, who both won division titles last year.

American Railcar Industries, a St. Charles-based maker of railroad cars, is expected to announce financial results after markets close. Nine analysts polled expect earnings per share of $1.56, which would be an increase over EPS of $1.06 for the same quarter last year, Yahoo reports.

Friday

Ameren Corp., the St. Louis-based utility, plans to report earnings for its fourth quarter and Fiscal 2015. A conference call with top company executives is scheduled for 9 a.m.

The Bureau of Labor Statistics is expected to publish the Consumer Price Index, its monthly report of prices paid by consumers for basket of goods and services.

Saturday

Presidential primary season continues with the first day featuring primaries in multiple states. Nevada Democrats, South Carolina Republicans and Washington Republicans are all set to vote.


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