Financial Sector Update for 04/30/2018: FDC, CNA, EDR
Top Financial Shares:
Financial shares were higher in pre-market trading on Monday.
On the economic calendar at 8:30 am ET was the personal income and outlays release, which includes the PCE inflation index, the Federal Reserve's preferred inflation measure. Pundits are calling for 2% year over year on the core PCE, right on the Fed inflation target. At 9:45 am is the Chicago PMI, then pending home sales at 10 am, and the Dallas Fed manufacturing survey at 10:30 am.
- First Data ( FDC ): Q1 adjusted profit tops Street mark, misses on revenue
- CNA Financial ( CNA ): Q1 tops estimates on EPS and revenue
- EdR ( EDR ): tops Q1 projections on core FFO and revenue
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