North American Morning Briefing: Stock Futures -2-

The platinum group metals market faces another year of deficits, with platinum forecast for its largest supply shortfall in 10 years.

Primary supply of platinum, or the supply directly from producers, is expected to decline by 2% on-year to around 5.68 million troy ounces, while demand is expected to remain firm across all sectors, according to a new report by Johnson Matthey.

Nikki Haley Is Huddling With Donors and Won't Endorse Donald Trump Yet

Nikki Haley is easing back into public life after dropping out of the Republican presidential race in early March, but has no immediate plans to endorse Donald Trump.

The former South Carolina governor is attending a retreat in Charleston, S.C., on Monday and Tuesday to thank about 100 of her biggest donors, a person close to Haley told The Wall Street Journal. She isn't expected to discuss her political future or encourage them to give to other campaigns.

Write to paul.larkins@dowjones.com TODAY IN CANADA

Earnings [1Q Unless Stated]:

Alaris Equity

Allied Gold

ARC Resource

Aurora Cannabis [4Q]

Baytex Energy

Bragg Gaming

Brookfield

Canadian Tire

Cascades

Cathedral Energy

Cineplex

Converge Tech

Copperleaf Tech

Cronos

Curaleaf Hldgs

Definity Financial

Diversified Royalty

Docebo

Doman Building Materials

ECN Capital

Endeavour Silver

EQB [2Q]

Fennec Pharma

GDI Integrated

Greenlane

Guardian Capital

HLS Therapeutics

iA Financial

IAMGOLD

illumin Hldgs

Interfor

Jamieson Wellness

Kiwetinohk Energy

Knight Therapeutics

MDA

Oncolytics Biotech

Orezone Gold [2Q]

Park Lawn

Pembina Pipeline

Primo Water

Profound Medical

Quebecor

RB Global

Rogers Sugar [2Q]

Skeena Resources

Sun Life Financial

Sylogist

TELUS

TELUS Intl

TerrAscend

Tidewater

Victoria Gold [2Q]

Vitalhub

Wheaton Preciouss

WildBrain [3Q]

Economic Calendar [ET]:

1000 Bank of Canada Financial System Review

Stocks to Watch:

Adentra 1Q Sales $535.1M; EPS 48c

Acadian Timber 1Q EPS C$0.35; Sales C$28.8M; Stability of Northeastern Forestry Sector, Combined With Improving Long-Term Demand for New Homes and Repair and Remodel Activity, Will Support Demand for Products

Athabasca Oil 1Q EPS C$0.07

Chesswood Group 1Q Loss C$6.82M; Loss/Shr C$0.34; Rev C$68.8M

Filo 1Q Loss/Shr 25c

Frontera Energy 1Q Loss/Shr 10c; Sales $194.5M; Frontera Announces Strategic Alternatives Process for Infrastructure Business

Kneat.com 1Q Rev C$10.8M; Loss/Shr C$0.04

Mandalay Resources 1Q Rev $55.5M; EPS 6c; All-in Sustaining Cost Decreased to $1,430 Per Gold Equivalent Ounce

Melcor REIT 1Q Rev C$18.9M; Loss/Shr C$0.14

Mountain Province 1Q EPS C$0.03; Sales C$89.4M

Nutrien 1Q EPS 32c; Sales $5.39B

Orbit Garant Drilling 3Q Net C$2M; EPS C$0.05; Rev C$48.2M

Pan American Silver 1Q Loss/Shr 8c; Rev $601,400

Power Corp. 1Q Cont Ops EPS C$1.17; Adj EPS C$1.12; EPS C$1.09

Savaria 1Q Rev C$209.4M; EPS C$0.16; Sees 2025 Rev C$1B

Sherritt International 1Q Cont Ops Loss/Shr C$0.10; Adj Loss/Shr C$0.06

SmartCentres Real Estate Investment Trust 1Q Loss/Shr C$0.12

Stelco Holdings 1Q Rev C$746M; EPS C$1.14; Adj EPS C$1.27

Supremex 1Q Rev $73,000; EPS 14c

Surge Energy 1Q Loss C$3.63M; Loss/Shr C$0.04; Rev C$158.2M

Swiss Water Decaffeinated Coffee 1Q Loss/Shr C$0.10; Rev C$38.7M

Wesdome Gold Mines 1Q Rev C$100.9M; EPS C$0.07; Adj EPS C$0.07

Westport Fuel Systems 1Q Loss/Shr 79c

Expected Major Events for Thursday

05:00/JPN: Mar Indexes of Business Conditions - Preliminary Release

08:30/UK: 1Q Mortgage Arrears and Possessions data

11:00/UK: Bank of England Monetary Policy Report

11:00/UK: UK interest rate decision

12:30/US: 05/04 Unemployment Insurance Weekly Claims Report - Initial Claims

12:30/US: U.S. Weekly Export Sales

14:30/US: 05/03 EIA Weekly Natural Gas Storage Report

16:00/US: Apr Monthly U.S. Retail Chain Store Sales Index

20:30/US: Foreign Central Bank Holdings

20:30/US: Federal Discount Window Borrowings

23:30/JPN: Mar Household Spending

23:50/JPN: Apr Bank Lending

23:50/JPN: Mar Balance of Payments

23:50/JPN: Apr International Transactions in Securities

All times in GMT. Powered by Kantar Media and Dow Jones.

Expected Earnings for Thursday

A&W Revenue Royalties Income Fund (AW.UN.T,AWRRF) is expected to report for 1Q.

Allete Inc (ALE) is expected to report $1.09 for 1Q.

Ares Commercial Real Estate (ACRE) is expected to report $-0.17 for 1Q.

Bellerophon Therapeutics Inc (BLPH) is expected to report for 4Q.

Berry Global Group Inc (BERY) is expected to report $1.61 for 2Q.

BigCommerce Holdings Inc (BIGC) is expected to report $-0.11 for 1Q.

Cars.com Inc (CARS) is expected to report $0.08 for 1Q.

Cedar Fair LP (FUN) is expected to report $-2.33 for 1Q.

Chimera Investment Corp (CIM) is expected to report $0.12 for 1Q.

Clearway Energy Inc (CWEN) is expected to report $-0.31 for 1Q.

Cogent Communications Group Inc (CCOI) is expected to report $-1.17 for 1Q.

CommScope Holding (COMM) is expected to report $-0.57 for 1Q.

Drive Shack Inc (DSHK) is expected to report $-0.06 for 4Q.

Evelo Biosciences Inc (EVLO) is expected to report for 4Q.

Glatfelter Corp (GLT) is expected to report $0.11 for 1Q.

GlycoMimetics Inc (GLYC) is expected to report $-0.15 for 1Q.

Hanesbrands Inc (HBI) is expected to report $-0.11 for 1Q.

Hilton Grand Vacations Inc (HGV) is expected to report $0.77 for 1Q.

Hyatt Hotels (H) is expected to report $2.83 for 1Q.

Insmed Inc (INSM) is expected to report $-1.24 for 1Q.

Ironwood Pharmaceuticals (IRWD) is expected to report $0.19 for 1Q.

Lightning eMotors Inc (ZEVY) is expected to report for 4Q.

Liquidity Services (LQDT) is expected to report $0.14 for 2Q.

Medical Properties Trust Inc (MPW) is expected to report $0.08 for 1Q.

NCR Voyix Corp (VYX) is expected to report $-0.29 for 1Q.

NetScout Systems (NTCT) is expected to report $0.34 for 4Q.

Papa John's International Inc (PZZA) is expected to report $0.55 for 1Q.

Planet Fitness Inc (PLNT) is expected to report $0.34 for 1Q.

Primo Water Corp (PRMW,PRMW.T) is expected to report $0.11 for 1Q.

Privia Health Group Inc (PRVA) is expected to report $0.05 for 1Q.

Republic First Bancorp Inc (FRBK) is expected to report $0.05 for 1Q.

Saga Communications (SGA) is expected to report for 1Q.

Scorpio Tankers (STNG) is expected to report $3.71 for 1Q.

Shift4 Payments Inc (FOUR) is expected to report $0.36 for 1Q.

Solo Brands Inc (DTC) is expected to report $-0.07 for 1Q.

Suburban Propane Partners LP (SPH) is expected to report $1.79 for 2Q.

TELUS International (Cda) Inc (TIXT.T) is expected to report $0.08 for 1Q.

Telus Corp (T.T,TU) is expected to report $0.14 for 1Q.

Vital Farms Inc (VITL) is expected to report for 1Q.

iHeartMedia Inc (IHRT) is expected to report $-0.56 for 1Q.

Powered by Kantar Media and Dow Jones.

ANALYST RATINGS ACTIONS There are no actions to report from the last 24 hours.

This article is a text version of a Wall Street Journal newsletter published earlier today.

(END) Dow Jones Newswires

May 09, 2024 06:22 ET (10:22 GMT)

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