The Week Ahead: Housing Market Index, earnings calls, Show-Me State Games

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

Monday

The National Association of Home Builders (NAHB) is scheduled to release its Housing Market Index at 9 a.m. Central time. The report, based on a monthly survey of NAHB members, rates market conditions for the sale of new homes at the present time and in the next six months as well as the traffic of prospective buyers of new homes.

The Missouri Women’s Business Center’s Operation Jumpstart program continues from the weekend. The hands-on program, designed to help entrepreneurs test the feasibility of their business ideas and explore ways to launch new ventures, runs through Saturday.

Tuesday

Kansas City Southern will report earnings before markets open. Analysts are forecasting an earnings per share (EPS) of $1.04 for the quarter for the Kansas City-based transportation company. The reported EPS for the same quarter last year was $1.03.

Springfield-based Great Southern Bancorp, Inc. is scheduled to report earnings after market close. Analysts expect an EPS of $0.80, a slight decrease from a reported EPS of $0.85 the same time last year.

Wednesday

The Energy Information Administration will release its Petroleum Status Report at 9:30 a.m. Central time. Most recently, US propane stocks increased to 87.4 million barrels as of July 8, virtually unchanged from a year ago.

The Missouri Housing Trust Fund Advisory Committee in conjunction with the Missouri Housing Development Commission will meet 11:30 a.m- 2 p.m. in Jefferson City to discuss spending and federal and state legislation.

Thursday

Kansas City-based DST Systems Inc. is scheduled to report earnings before markets open. Analysts expect the EPS for the quarter to be $1.44, a drop from the same time last year.

The U.S. Department of Labor is set to issue its new jobless claims for the July 16 week. Forecasters see initial claims decreasing slightly in the week, at a consensus 258,000.

Friday – Sunday

The 2016 Show-Me State Games, an Olympic-style sports festival for Missourians of all ages and ability levels, runs Friday through Sunday. The Show-Me STATE GAMES is a nonprofit program of the Governor’s Council on Physical Fitness and Health and is hosted by the University of Missouri.


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