--- title: "North American Morning Briefing: Stocks Set to Rebound on Strong Earnings -2-" type: "News" locale: "en" url: "https://longbridge.com/en/news/285187716.md" description: "North American stocks are poised for a rebound, driven by strong earnings reports. Key earnings announcements include companies like Shopify, Cameco, and Algoma Steel. Economic indicators such as Canada's Services PMI and international merchandise trade data are also set to be released. Notable earnings expectations for Tuesday include AGCO Corp and Cummins Inc. Additionally, the Bank of Canada is monitoring high energy prices, and market dynamics remain mixed due to macroeconomic uncertainties and trade relations with the U.S." datetime: "2026-05-05T10:30:43.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285187716.md) - [en](https://longbridge.com/en/news/285187716.md) - [zh-HK](https://longbridge.com/zh-HK/news/285187716.md) --- # North American Morning Briefing: Stocks Set to Rebound on Strong Earnings -2- TODAY IN CANADA Earnings (1Q): ADENTRA Inc Algoma Steel Ballard Power Cameco Corp. Colliers Intl Curaleaf Hldgs DPM Metals Inc. Hammond Pwr iA Fincl IAMGOLD Corp. Intact Fin. Intl Petroleum K-Bro Linen Inc Pan Amer Silver Russel Metals Shopify Inc. SSR Mining Suncor Energy Telesat Corp. Thomson Reuters Timbercreek Fin Topaz Energy Triple Flag Economic Indicators (ET): 0815 Official International Reserves for April 0830 International merchandise trade for March 0930 Canada Services PMI for April Stocks to Watch: Cargojet 1Q Adj EPS CAD 0.60; FactSet Est. CAD 0.83; 1Q Adj EBITDA CAD 81.9M; 1Q Net Income CAD 4.1M; 1Q Revenue CAD 254.7M; FactSet Est. CAD 244.2M; 1Q EPS CAD 0.27; 1Q Adj EBITDA Margin 32.2%; 1Q Adj Net Income CAD 8.9M; 1Q Free Cash Flow CAD 87.4M Fidelity National: Working With Anthropic to Bring Agentic AI to Banking, Beginning With Financial Crimes AI Agent; BMO, Amalgamated Bank to Be Among First to Deploy Agent; Broader Availability of Agent Planned for 2H International Petroleum Corp. 1Q Free Cash Flow Loss $17.1M; 1Q EBITDA $64.3M; 1Q Revenue $173M; 1Q Gross Profit $37.2M; 1Q Net Income $12.8M; Reports 1Q Revenue of $173 Million InterRent Real Estate Investment Trust 1Q Adj FFO CAD 3.83M; 1Q Net Loss CAD 4.05M; 1Q FFO CAD 6.98M; Reports 1Q Adj FFO of CAD 3.83 Million Labrador Iron Ore 1Q EPS C$0.21; 1Q Rev C$35.9M Parex Resources Provides Update On The Acquisition Of Frontera E&P; Announces Expansion of Ecopetrol Strategic Partnership With Addition of Producing Assets in Magdalena Basin; Sees Earning 50% Participating Share in Casabe, Llanito Blocks; Share in Exchange for Commitment to Invest Gross Capital Program of $250M Over Five Years TMX Group 1Q Revenue CAD 488.2M; FactSet Est. CAD 480.4M; 1Q Operating Expenses CAD 249.6M; 1Q Operating Income CAD 238.6M; 1Q Adj EPS CAD 0.65; FactSet Est. CAD 0.59; 1Q EPS CAD 0.80; FactSet Est. CAD 0.50 (2 Est.) Wajax Corp 1Q Basic EPS C$0.82; 1Q Rev C$502.1M; 1Q Adj EPS C$0.67; Continues to See Solid Customer Demand in the Mining and Energy Sectors; Mining Demand Is Supported by a Backlog That Includes One Large Mining Shovel Scheduled for Delivery Within the Next Four Quarters; Market Conditions in Other Sectors Remain Mixed Across Regions, With Ongoing Macroeconomic Softness and Uncertainty Related to Canada-U.S. Tariff and Trade Dynamics Other News: Bank of Canada Gov. Macklem Vows Action If Affects From High Energy Prices Spread Market Talk: New Canada Fund May Require Capital From Pension Plans Expected Major Events for Tuesday 06:00/JPN: Mar Revised Machine Tool Orders 08:00/UK: Apr UK monthly car registrations figures 12:15/CAN: Apr Official International Reserves 12:30/CAN: Mar International merchandise trade 12:30/US: Mar U.S. International Trade in Goods & Services 12:55/US: 05/02 Johnson Redbook Retail Sales Index 13:30/CAN: Apr Canada Services PMI 13:45/US: Apr US Services PMI 14:00/US: Feb New Residential Sales 14:00/US: Mar New Residential Sales 14:00/US: Mar Job Openings & Labor Turnover Survey 14:00/US: Apr ISM Report On Business Services PMI 14:00/US: May RCM/TIPP Economic Optimism Index 17:59/UK: Mar Adzuna UK Job Market Report 20:30/US: API Weekly Statistical Bulletin All times in GMT. Powered by Onclusive and Dow Jones. Expected Earnings for Tuesday AGCO Corp (AGCO) is expected to report $0.40 for 1Q. Angel Oak Mortgage REIT Inc (AOMR) is expected to report $0.29 for 1Q. Aptiv PLC (APTV) is expected to report for 1Q. Ball Corp (BALL) is expected to report $0.80 for 1Q. BellRing Brands Inc (BRBR) is expected to report $0.31 for 2Q. Bogota Financial Corp (BSBK) is expected to report for 1Q. Cameco Corp (CCJ,CCO.T) is expected to report $0.47 for 1Q. Cummins Inc (CMI) is expected to report $5.62 for 1Q. Donnelley Financial Solutions Inc (DFIN) is expected to report $1.20 for 1Q. DuPont de Nemours Inc (DD) is expected to report $0.49 for 1Q. Ecovyst Inc (ECVT) is expected to report for 1Q. Fiserv Inc (FISV) is expected to report $1.05 for 1Q. Frontier Group Holdings Inc (ULCC) is expected to report $-0.34 for 1Q. Graphic Packaging Holding Co (GPK) is expected to report $0.02 for 1Q. Harley-Davidson Inc (HOG) is expected to report $0.27 for 1Q. Haverty Furniture Cos Inc (HVT,HVTA) is expected to report $0.24 for 1Q. Henry Schein Inc (HSIC) is expected to report $0.85 for 1Q. IDEXX Laboratories Inc (IDXX) is expected to report $3.41 for 1Q. Integra LifeSciences Holdings Corp (IART) is expected to report $0.14 for 1Q. KKR & Co Inc (KKR) is expected to report $1.23 for 1Q. Leonardo DRS Inc (DRS) is expected to report $0.19 for 1Q. LiveWire Group Inc (LVWR) is expected to report for 1Q. Netlist Inc (NLST) is expected to report $-0.04 for 1Q. Oaktree Specialty Lending Corp (OCSL) is expected to report $0.37 for 2Q. Ocular Therapeutix Inc (OCUL) is expected to report $-0.31 for 1Q. Oil States International Inc (OIS) is expected to report $0.07 for 1Q. Onity Group Inc (ONIT) is expected to report $2.37 for 1Q. PayPal Holdings Inc (PYPL) is expected to report $1.24 for 1Q. Pfizer Inc (PFE) is expected to report $0.57 for 1Q. Procore Technologies Inc (PCOR) is expected to report $-0.09 for 1Q. Public Service Enterprise Group Inc (PEG) is expected to report $1.43 for 1Q. Repligen Corp (RGEN) is expected to report $0.18 for 1Q. Revvity Inc (RVTY) is expected to report $0.36 for 1Q. Scorpio Tankers Inc (STNG) is expected to report $2.69 for 1Q. Sotera Health Co (SHC) is expected to report $0.12 for 1Q. Summit State Bank (SSBI) is expected to report for 1Q. Thomson Reuters Corp (TRI,TRI.T) is expected to report for 1Q. Westlake Chemical Partners LP (WLKP) is expected to report $0.43 for 1Q. Westlake Corp (WLK) is expected to report $-0.15 for 1Q. inTEST Corp (INTT) is expected to report $0.04 for 1Q. Powered by Onclusive and Dow Jones. ANALYST RATINGS ACTIONS Advanced Micro Devices Cut to Hold From Buy by HSBC agilon health Cut to Underweight From Neutral by JP Morgan Airbnb Raised to Outperform From Perform by Oppenheimer Alexandria Real Estate Cut to Neutral From Outperform by Baird Alphabet Cut to Hold From Buy by Freedom Broker Casella Waste Systems Raised to Overweight From Equal-Weight by Barclays Celcuity Raised to Buy From Neutral by HC Wainwright & Co. Esperion Therapeutics Cut to Hold From Buy by Needham Essex Property Raised to Overweight From Neutral by Piper Sandler FibroBiologics Cut to Hold From Buy by Maxim Group GlobalFoundries Raised to Overweight From Neutral by Cantor Fitzgerald International Paper Raised to Overweight From Equal-Weight by Wells Fargo O-I Glass Raised to Overweight From Equal-Weight by Wells Fargo Packaging Corp of America Raised to Buy From Hold by Deutsche Bank Prudential Financial Cut to Underweight From Equal-Weight by Morgan Stanley Safehold Cut to Sector Perform From Outperform by RBC Capital SiteOne Landscape Supply Raised to Buy From Hold by Stifel Targa Resources Cut to Neutral From Buy by Seaport Global Trade Desk Raised to Neutral From Underperform by Wedbush Vital Farms Cut to Neutral From Buy by DA Davidson This article is a text version of a Wall Street Journal newsletter published earlier today. (END) Dow Jones Newswires May 05, 2026 06:16 ET (10:16 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [ASTL.US](https://longbridge.com/en/quote/ASTL.US.md) - [SHOP.US](https://longbridge.com/en/quote/SHOP.US.md) - [ASTLW.US](https://longbridge.com/en/quote/ASTLW.US.md) - [AGCO.US](https://longbridge.com/en/quote/AGCO.US.md) - [CCJ.US](https://longbridge.com/en/quote/CCJ.US.md) - [CMI.US](https://longbridge.com/en/quote/CMI.US.md) - [SHPU.US](https://longbridge.com/en/quote/SHPU.US.md) ## Related News & Research - [Brokers Set Expectations for AGCO's Q2 Earnings (NYSE:AGCO)](https://longbridge.com/en/news/287200939.md) - [13:00 ETJack Rogers Modernizes Shopify Experience with P3 Media, Driving Immediate Gains in Speed, Conversion, and Revenue](https://longbridge.com/en/news/287254652.md) - [Are Wall Street Analysts Bullish on Cummins Stock?](https://longbridge.com/en/news/287226810.md) - [Cummins Raises 2030 Financial Targets, Announces Large-engine Capacity and Product Investments | CMI Stock News](https://longbridge.com/en/news/287245765.md) - [Resona Asset Management Co. 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