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by Mark Roy Long | Updated Aug. 5, 2022 – First published on May 18, 2022
Image source: Getty Images
As a small business owner, there are plenty of unexpected situations you may suddenly find yourself in: undergoing an IRS audit, responding to an Equal Employment Opportunity Commission (EEOC) complaint filed by a past or current employee, dealing with a vendor who insists you didn’t make a payment, or resolving a workman’s comp claim.
In each of these cases, you’ll be required to provide business records to show exactly what you did or did not do. If you can’t, you could easily face hefty fines or other penalties. That’s why it’s critical to create and maintain a document retention policy.
Document retention is the process by which records required for ongoing business operations are identified and maintained. A document retention policy provides guidelines for the review, secure storage, and periodic destruction of unneeded records.
Your records will generally fall into the following categories:
The amount of paperwork and digital records generated will multiply over time as you add more customers, employees, products, and vendors.
An effective document management system will allow you to efficiently store and access records, reduce the cost of document production during legal cases, and follow all laws for the preservation of certain records.
Plus, if one or more of the situations in the records management checklist below sounds familiar, you definitely need to set up a document retention and management system as soon as possible.
Documentation retention guidelines will help you avoid all of these problematic situations. Image source: Author
While a document retention policy will aid your internal business operations, it can also help externally. For example, customers want to know their data is being securely stored, so you might highlight the security and maintenance of your records as part of your website marketing.
Creating and using your document retention policy is not a one-time endeavor — it’s an ongoing activity. It’s not part of the (perhaps more exciting) front-line activities you’re likely more focused on, such as sales and customer service, so it may help, as you work through the steps below, to use one of the best productivity apps available to help keep your record-keeping on track.
First, you need to comprehensively catalog all of your existing documents to see exactly what you have as well as the quantity of physical and digital records you’re dealing with.
The key strategy with your initial document inventory is to be methodical. And while you may know — or think you know! — where everything of relevance is, you need to talk to all of your employees to discover any other formal or informal physical and digital repositories you may not be aware of.
While a document may have been relevant at one point in time, that doesn’t mean it always will be. With a few exceptions — deeds, patents, auditor reports, and annual financial records — almost every document has a limited lifespan, usually no longer than 10 years.
Keeping records any longer than necessary has the potential to create legal liabilities for your business. For example, the discovery process during litigation could find additional damaging information in your records that should have been already deleted.
Plus, you don’t want to be responsible for any confidential customer information being accessed that also should have been destroyed. That’s why establishing a clearly defined document retention schedule is the backbone of your document management policy.
Effective storage of documents is critical to preserve records as well as ensuring access to them as necessary in a timely manner.
That includes everything from locking file cabinets and storage rooms at your business, to using a “secure drawer” as part of your website management, to other offsite options.
Digital documents require less storage space than their physical counterparts. On the other hand, you may have legacy paper or wet signature documents you want to maintain as hard copies.
Offsite storage of digital records in a data center can increase security and lessen the chances that documents are stolen, lost due to natural disasters, or accidentally destroyed. Image source: Author
Just as you need to keep necessary business documents, you also need to destroy them according to your retention schedule. That will keep storage costs down and reduce the chances of business and customer data being accessed illegally or inappropriately.
Minimize the chance of future legal issues by explicitly documenting chain-of-custody procedures when destroying paper documents and electronic files.
Even the best document retention policy won’t have a net positive effect if none of your employees know about it. That’s why using effective communication strategies will be key, especially as the policy is updated over time.
Your document retention policy also won’t be particularly effective if there’s only a printout of it in a three-ring binder that’s sitting on the top shelf in a seldom-used storage closet. Instead, make it available online for easy access by your employees.
Don’t wait until a critical event occurs — an IRS audit, natural disaster, or lawsuit — to realize you need a robust record retention schedule. Instead, begin the process outlined above to develop your document retention policy now.
Sure, you’ll have to build the cost into your business budget, but over the long haul, it will definitely pay for itself — and more! — by saving you both time and money.
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Mark Roy Long is a technology journalist and workflow expert writing for The Ascent and The Motley Fool.
We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. The Ascent does not cover all offers on the market. Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team.
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WASHINGTON — U.S. Secretary of the Treasury Janet L. Yellen and White House Office of Management and Budget (OMB) Director Shalanda D. Young today released the final budget results for fiscal year (FY) 2022. During FY 2022, the deficit fell by $1.4 trillion—the largest one-year decrease in the Federal deficit in American history. The 2022 deficit of $1.375 trillion was half of the FY 2021 deficit, $40 billion less than forecasted in the President’s 2023 Budget and $1.8 trillion lower than the deficit the President inherited. As a percentage of GDP, the FY 2022 deficit was 6.8 percentage points lower than in the previous year.[1]
From Day One, the Biden-Harris Administration has been working to build an economy that works for everyone. Under the President’s leadership—and thanks in part to the American Rescue Plan (ARP) and a historic vaccination effort—America has more than recovered all of the jobs lost during the pandemic. Our economy has added more than 10 million jobs since the President took office, and the unemployment rate has returned to its pre-pandemic, 50-year low of 3.5 percent. The President’s economic plan has helped usher in a new era of American manufacturing, with nearly 700,000 new manufacturing jobs added since January 2021. And, the historic Inflation Reduction Act will bring down energy, health care, and prescription drug costs, tackle the climate crisis, further reduce the deficit, and make our tax system fairer.
“Today’s joint budget statement provides further evidence of our historic economic recovery, driven by our vaccination effort and the American Rescue Plan. It also demonstrates President Biden’s commitment to strengthening our nation’s fiscal health,” Secretary of the Treasury Janet L. Yellen said. “President Biden’s recently enacted economic plan will build on the economic gains of the past two years. The Bipartisan Infrastructure Law, CHIPS and Science Act, and Inflation Reduction Act will help put the country on a path to sustained economic growth, create new and good-paying jobs across the country, and strengthen American economic resilience for years to come.”
“The President’s economic plan is focused on growing our economy from the bottom up and the middle out,” said Shalanda Young, Director of the Office of Management and Budget. “Under his leadership, more Americans are working today than at any point in our country’s history, our economy has added more than 10 million jobs, manufacturing is booming, and we cut last year’s deficit in half. With the historic Inflation Reduction Act, the Biden-Harris Administration is going to continue building on this progress and delivering for the American people—cutting everyday costs for families, tackling the climate crisis, and ensuring the biggest corporations pay their fair share.”
Year-end data from the September 2022 Monthly Treasury Statement of Receipts and Outlays of the United States Government show that the deficit for FY 2022 was $1.375 trillion—$1.400 trillion less than the prior year’s deficit. As a percentage of GDP, the deficit was 5.5 percent, a decrease of 6.8 percentage points (55 percent) from 12.3 percent in FY 2021.
The FY 2022 deficit was $40 billion less than the estimate of $1.415 trillion in the 2023 Budget published in May, and $344 billion higher than the estimate of $1.032 trillion in the Mid-Session Review (MSR), a supplemental update to the Budget published in August.
Receipts
Outlays
Deficit
FY 2021 Actual
4.046
6.822
2.776
Percentage of GDP
17.9%
30.1%
12.3%
FY 2022 Estimates:
2023 Budget
4.437
5.852
1.415
2023 Mid-Session Review
4.941
5.972
1.032
FY 2022 Actual
4.896
6.272
1.375
Percentage of GDP
19.6%
25.1%
5.5%
Note: Detail may not add to totals due to rounding.
Governmental receipts totaled $4.896 trillion in FY 2022 and exceeded Budget projections but were less than MSR projections. As a share of GDP, receipts were 19.6 percent. Relative to FY 2021, receipts increased by $850 billion, an increase of 21 percent. The increase in receipts for FY 2022 is primarily attributable to higher individual and corporation income tax collections and social insurance and retirement receipts, along with increases in most other sources of receipts.
Outlays were $6.272 trillion in FY 2022, $420 billion higher than projected in the Budget and $299 billion higher than projected in the MSR. Compared with FY 2021, outlays decreased $550 billion, or 8.1 percent. This decrease in part reflects reductions in COVID-related spending, including unemployment insurance and Small Business Administration programs. Outlays for some other categories of spending increased, including student loans, Medicare, and net interest.
Total Federal borrowing from the public increased by $2.0 trillion during FY 2022 to $24.3 trillion. The increase in borrowing included $1.4 trillion in borrowing to finance the deficit as well as $0.6 trillion in net borrowing related to other transactions such as changes in cash balances and net disbursements for Federal credit programs. As a percentage of GDP, borrowing from the public fell from 98.4 percent of GDP at the end of FY 2021 to 97.0 percent of GDP at the end of FY 2022.
To coincide with the release of the Federal Government’s year-end financial data, Treasury’s Bureau of the Fiscal Service (Fiscal Service) is releasing a new version of Your Guide to America’s Finances (Your Guide). The Fiscal Service created Your Guide in 2019 to make Federal financial information transparent and accessible to all Americans. The latest version offers easy-to-understand explainer pages and makes content more accessible on mobile devices. The data in Your Guide are automatically updated throughout the year as new data become available, ensuring that the public has access to the latest financial information as quickly as possible.
Below are explanations of the differences between FY 2022 estimates and the year-end actual amounts for receipts by source and outlays by agency.
Total receipts for FY 2022 were $4,896.1 billion, $44.6 billion lower than the MSR estimate of $4,940.7 billion. This net decrease in receipts was the net effect of lower-than-estimated collections of individual income taxes, deposits of earnings by the Federal Reserve, other miscellaneous receipts, and customs duties, partially offset by higher-than-estimated collections of corporation income taxes, social insurance and retirement receipts, estate and gift taxes, and excise taxes. Table 2 displays actual receipts and estimates from the MSR by source.
Total outlays were $6,271.5 billion for FY 2022, $299.3 billion higher than the MSR estimate. Table 3 displays actual outlays by agency and major program as well as estimates from the Budget and the MSR. The largest changes in outlays from the MSR were in the following areas:
Department of Agriculture — Outlays for the Department of Agriculture were $245.2 billion, $14.0 billion lower than the MSR estimate.
Supplemental Nutrition Assistance Program (SNAP) outlays in FY 2022 were approximately $16.9 billion below MSR estimates. This is due to a combination of unexpected delays in the issuance of Pandemic EBT benefits in some states; a faster-than-anticipated decline in the use of Emergency Allotment payments provided during the COVID-19 pandemic; and lower-than-anticipated program participation.
Outlays in the Child Nutrition Programs were about $5.3 billion higher than MSR estimates. About half of this difference was due to outlays from a transfer of funds for Local Food Procurement and Management and funding provided in the Keep Kids Fed Act. In addition, the cost of the waivers allowing for universal free school meals in school year 2022-2023 was greater than anticipated.
Actual outlays for the Office of the Secretary in FY 2022 were $3.1 billion higher than the estimate in MSR. This is primarily due to faster-than-anticipated implementation of the Emergency Relief Program (ERP), which provided indemnity payments to farmers impacted by natural disasters. The agency had only assumed in $1 billion in outlays in MSR for ERP.
Department of Defense — Outlays for the Department of Defense were $726.6 billion, $7.1 billion higher than the MSR estimate. This difference is mostly due to higher-than expected outlays for such as operational and training costs including fuel ($1.7 billion), Air Force and Defense-wide research, development, test, and evaluation activities ($2.8 billion), and Air Force and Army personnel ($2.5 billion).
Department of Education — Outlays for the Department of Education were $639.4 billion, $408.0 billion higher than the MSR estimate. Outlays in the Federal Direct Student Loan Program and the Family Federal Education Loan Program were $429.2 billion higher than the MSR estimate due primarily to upward modifications for extensions of the pause of student loan payments, interest, and collections first authorized by the Coronavirus Aid, Relief, and Economic Security (CARES) Act, waivers related to income-driven repayment forgiveness and Public Service Loan Forgiveness, and broad-based student loan forgiveness authorized by the Higher Education Relief Opportunities for Students (HEROES) Act of 2003. Outlays in the Elementary and Secondary Education account were $20.1 billion lower than the MSR estimate primarily due to challenges in the State and local administration of ARP and other COVID-19 supplemental appropriations, including ongoing staffing shortages in school districts and supply chain constraints that have pushed out dates for completing facility upgrades.
Department of Health and Human Services — Outlays for the Department of Health and Human Services were $1.643 trillion, $17.7 billion lower than the MSR estimate. Gross outlays for Medicare’s Hospital Insurance (HI) and Supplementary Medical Insurance (SMI) trust funds were $8.0 billion and $3.5 billion higher than projected due to the timing of payments to Medicare Advantage plans. There were more receipts than expected for the fiscal year, largely due to refunds, which totaled $50.0 billion for HI and $26.9 billion for SMI in 2022. The increase in refunds is partially from the repayment of Medicare accelerated and advance payments to providers and suppliers.
The actual outlays for other health programs were $14.3 billion lower than projected in MSR, primarily due to the absence of an appropriation for Cost-Sharing Reductions. Outlays for the Indian Health Services were $3.8 billion lower than MSR due to a slowdown in outlays in the fourth quarter. Outlays for Medicaid were $5.8 billion above the MSR estimate, primarily driven by higher-than-anticipated enrollment.
Department of Homeland Security — Outlays for the Department of Homeland Security were $80.9 billion, $10.2 billion lower than the MSR estimate. Approximately $7 billion of the difference is driven by the Federal Emergency Management Agency (FEMA), of which over $5 billion is due to FEMA’s Disaster Relief Fund. This is due to slower-than-anticipated grant draw-downs from states, including for COVID-19 response spending. In general, states have slowed down reimbursement requests and are likely spending down other Federal resources.
Department of Labor — Outlays for the Department of Labor were $51.7 billion, $51.6 billion lower than the MSR estimate. The difference is predominately due to lower-than-expected outlays from the Pension Benefit Guaranty Corporation’s (PBGC) Special Financial Assistance Program (SFA). PBGC outlays were $47.3 billion lower than expected as a result of a number of multi-employer pension plans withdrawing or delaying their application for SFA until after the release of the SFA final rule released on July 6, 2022, which is used to calculate the amount of Special Financial Assistance that would be awarded to pension plans. In addition, outlays for the Employment and Training Administration were $4.6 billion lower than expected as a result of recoveries of overpayments of pandemic Unemployment Insurance (UI) benefits, particularly from the Federal Pandemic Unemployment Compensation (FPUC) and Pandemic Unemployment Assistance (PUA) programs. Recoveries in these programs were higher than initially projected.
Department of State — Outlays for the Department of State were $33.2 billion, $3.4 billion lower than the MSR estimate. Outlays were lower than expected for Department of State programs associated with the administration of foreign affairs, mostly due to lower-than-anticipated spending for diplomatic and consular operations, as well as lower outlays than estimated for humanitarian assistance and international narcotics control and law enforcement assistance programs.
Department of Transportation — Outlays for the Department of Transportation were $113.7 billion, $9.2 billion lower than the MSR estimate. More than half of this difference was due to slower-than-expected spending of Federal Transit Administration (FTA) COVID supplemental funding for a variety of reasons, including supply chain disruptions and labor force shortages that impacted local transit agencies’ ability to spend Federal funds. The other major reason for the difference was that the Federal Railroad Administration (FRA) and Amtrak agreed to a new payment method for Infrastructure Investment and Jobs Act supplemental funds, under which FRA will outlay quarterly based on Amtrak’s estimated funding needs for the upcoming period.
Department of the Treasury — Outlays for the Department of the Treasury were $1.162 trillion, $24.9 billion higher than the MSR estimate.
Interest on the public debt, which is paid to the public and to trust funds and other Government accounts, was $36.6 billion higher than the MSR estimate. The difference was due primarily to higher-than-projected interest paid on inflation-protected securities held both by the public and by Government accounts.
Net outlays for intragovernmental interest transactions with non-budgetary credit financing accounts were $8.2 billion higher than projected, including $6.1 billion in lower-than-projected receipts of interest from credit financing accounts and $2.0 billion higher-than-anticipated interest paid to credit financing accounts. (Interest received from credit financing accounts is reported in Treasury’s aggregate offsetting receipts.)
Non-IRS pandemic response programs enacted in the Consolidated Appropriations Act, 2021 and the ARP accounted for $6.4 billion in lower-than-projected outlays. This difference was mostly attributable to $3.7 billion less-than-forecasted outlays by the Emergency Rental Assistance program, because of slower-than-expected spending by recipients, which delayed subsequent disbursements. This difference also reflected $1.6 billion in lower-than-estimated outlays by the State Small Business Credit Initiative (SSBCI), $0.7 billion lower outlays by the ARP state and local programs, and $0.4 billion lower outlays by the Homeowner Assistance Fund due to slower-than-expected recipient submissions and ongoing award and compliance reviews.
Outlays for individual and corporate refundable credits created in the CARES Act, the Consolidated Appropriations Act, 2021, and the ARP, along with coronavirus payments (e.g., Economic Impact Payments), were $15.8 billion lower than estimated at MSR due to lower-than-expected take-up and other factors. Other refundable credits were $1.3 billion lower than estimated. This was partly offset by outlays for Refundable Premium Tax Credits, which were $7.3 billion higher than estimated at MSR due to increased enrollment in the individual health insurance market.
Net outlays for other Treasury activities were $4.3 billion lower than MSR estimates, reflecting (among other factors) lower-than-projected net outlays for IRS administrative expenses, Troubled Asset Relief Program (TARP) housing programs and Treasury Forfeiture Fund activities.
Department of Veterans Affairs — Outlays for the Department of Veterans Affairs (VA) were $273.9 billion, $7.6 billion lower than the MSR estimate.
The difference was driven mostly by differences in Benefits programs, which were $4.6 billion lower than the MSR estimate, and Departmental Administration programs, which were $4.0 billion lower than the MSR estimate. Benefits programs were lower than expected in part due to fewer beneficiaries accessing benefits than estimated. Departmental Administration programs were lower than expected in part due to delays in Electronic Health Record Modernization deployment. These differences were partially offset by outlays in the Veterans Health Administration that were higher than estimated at MSR.
Undistributed Offsetting Receipts — Undistributed Offsetting Receipts were -$418.4 billion, $10.3 billion higher net collections than the MSR estimate.
Interest received by trust funds was $9.9 billion lower than the MSR estimate (higher interest collections). The difference was due largely to Military Retirement Fund interest earnings on inflation-protected securities. Total Military Retirement Fund interest earnings were $9.4 billion higher than the MSR estimate. This intragovernmental interest is paid out of the Department of the Treasury account for interest on the public debt and has no net impact on total Federal Government outlays.
Table 2- Receipts by Source
Table 3- Outlays by Agency
[1] The estimates of GDP used in the calculations of the deficit and borrowing relative to GDP reflect the revisions to historical data released by the Bureau of Economic Analysis (BEA) in September 2022. GDP for FY 2022 is based on the economic forecast for the 2023 Mid-Session Review, adjusted for the BEA revisions.
Today will bring the S&P Case-Shiller U.S. home price index, the FHFA U.S. home price index, and the consumer confidence index.
Looking ahead to tomorrow, trade in goods data and new home sales are on tap.
The following public companies are slated to release corporate earnings today, October 25:
3M Co. (NYSE:MMM — $118.38) operates as a diversified technology company worldwide. 3M will report its Q3 earnings of 2022 before the bell today.
Archer-Daniels-Midland Co. (NYSE:ADM — $89.28) procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States, Switzerland, Cayman Islands, Brazil, Mexico, the United Kingdom, and internationally. Archer-Daniels-Midland will report its Q3 earnings of 2022 before the bell today.
Ares Capital Corp. (NASDAQ:ARCC — $18.18) is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. Ares Capital will report its Q3 earnings of 2022 before the bell today.
Armstrong World Industries Inc. (NYSE:AWI — $79.67) designs, manufactures, and sells ceiling systems primarily for use in the construction and renovation of residential and commercial buildings in the United States, Canada, and Latin America. Armstrong World Industries will report its Q3 earnings of 2022 before the bell today.
Biogen Inc. (NASDAQ:BIIB — $274.62) discovers, develops, manufactures, and delivers therapies for treating neurological and neurodegenerative diseases. Biogen will report its Q3 earnings of 2022 before the bell today.
Centene Corp. (NYSE:CNC — $75.81) operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Centene will report its Q3 earnings of 2022 before the bell today.
Cleveland-Cliffs Inc. (NYSE:CLF — $15.53) operates as a flat-rolled steel producer in North America. Cleveland-Cliffs will report its Q3 earnings of 2022 before the bell today.
The Coca-Cola Co. (NYSE:KO — $57.57) manufactures, markets, and sells various nonalcoholic beverages worldwide. Coca-Cola will report its Q3 earnings of 2022 before the bell today.
Corning Inc. (NYSE:GLW — $32.33) engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses worldwide. Corning will report its Q3 earnings of 2022 before the bell today.
First Bancorp Inc. (NYSE:FBP — $15.95) operates as a bank holding company for FirstBank Puerto Rico that provides various financial services for retail, commercial, and institutional clients. First Bancorp will report its Q3 earnings of 2022 before the bell today.
Franklin Electric Co. Inc. (NASDAQ:FELE — $86.94) designs, manufactures, and distributes water and fuel pumping systems worldwide. Franklin Electric will report its Q3 earnings of 2022 before the bell today.
GATX Corp. (NYSE:GATX — $95.53) operates as railcar leasing company in the United States and internationally. GATX will report its Q3 earnings of 2022 before the bell today.
General Electric Co. (NYSE:GE — $73.36) operates as a high-tech industrial company in Europe, China, Asia, the Americas, the Middle East, and Africa. General Electric will report its Q3 earnings of 2022 before the bell today.
General Motors Co. (NYSE:GM — $35.72) designs, builds, and sells trucks, crossovers, cars, and automobile parts and accessories in North America, the Asia Pacific, the Middle East, Africa, South America, the United States, and China. General Motors will report its Q3 earnings of 2022 before the bell today.
Graphic Packaging Holding Co. (NYSE:GPK — $21.51) provides fiber-based packaging solutions to food, beverage, foodservice, and other consumer products companies. Graphic Packaging will report its Q3 earnings of 2022 before the bell today.
Halliburton Co. (NYSE:HAL — $34.58) provides products and services to the energy industry worldwide. Halliburton will report its Q3 earnings of 2022 before the bell today.
Illinois Tool Works Inc. (NYSE:ITW — $200.78) manufactures and sells industrial products and equipment worldwide. Illinois Tool will report its Q3 earnings of 2022 before the bell today.
Invesco Ltd. (NYSE:ITW — $15.05) is a publicly owned investment manager. Invesco will report its Q3 earnings of 2022 before the bell today.
JetBlue Airways Corp. (NASDAQ:JBLU — $7.54) provides air passenger transportation services. JetBlue Airways will report its Q3 earnings of 2022 before the bell today.
Kimberly-Clark Corp. (NYSE:KMB — $115.86) manufactures and markets personal care and consumer tissue products worldwide. Kimberly-Clark will report its Q3 earnings of 2022 before the bell today.
Lakeland Financial Corp. (NASDAQ:LKFN — $76.61) operates as the bank holding company for Lake City Bank that provides various banking products and services. Lakeland Financial will report its Q3 earnings of 2022 before the bell today.
Moody’s Corp. (NASDAQ:MCO — $244.98) operates as an integrated risk assessment firm worldwide. Moody’s will report its Q3 earnings of 2022 before the bell today.
MSCI Inc. (NASDAQ:MSCI — $412.15) provides investment decision support tools for the clients to manage their investment processes worldwide. MSCI will report its Q3 earnings of 2022 before the bell today.
Novartis AG (NYSE:NVS — $77.71) researches, develops, manufactures, and markets healthcare products worldwide. Novartis AG will report its Q3 earnings of 2022 before the bell today.
NVR Inc. (NYSE:NVR — $4,047.04) operates as a homebuilder in the United States. NVR will report its Q3 earnings of 2022 before the bell today.
Old National Bancorp. (NASDAQ:ONB — $18.34) operates as the bank holding company for Old National Bank that provides various financial services to individual and commercial customers in the United States. Old National Bancorp will report its Q3 earnings of 2022 before the bell today.
PACCAR Inc. (NASDAQ:PCAR — $92.02) designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks in the United States, Europe, Mexico, South America, Australia, and internationally. PACCAR will report its Q3 earnings of 2022 before the bell today.
Pentair plc (NYSE:PNR — $40.78) provides various water solutions worldwide. Pentair will report its Q3 earnings of 2022 before the bell today.
Polaris Inc. (NYSE:PII — $94.47) designs, engineers, manufactures, and markets power sports vehicles worldwide. Polaris will report its Q3 earnings of 2022 before the bell today.
Portland General Electric Co. (NYSE:POR — $43.75) engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. Portland General Electric will report its Q3 earnings of 2022 before the bell today.
PulteGroup Inc. (NYSE:PHM — $37.96) engages in the homebuilding business in the United States. PulteGroup will report its Q3 earnings of 2022 before the bell today.
Raytheon Technologies Corp. (NYSE:RTX — $89.73) provides systems and services for the commercial, military, and government customers worldwide. Raytheon Technologies will report its Q3 earnings of 2022 before the bell today.
SAP SE (NYSE:SAP — $91.01) operates as an enterprise application software company worldwide. SAP will report its Q3 earnings of 2022 before the bell today.
Sensata Technologies Holding plc (NYSE:ST — $41.62) develops, manufactures, and sells sensors, sensor-based solutions, controls, and other products in the Americas, Europe, Asia, and internationally. Sensata Technologies will report its Q3 earnings of 2022 before the bell today.
The Sherwin-Williams Co. (NYSE:SHW — $212.53) develops, manufactures, distributes, and sells paints, coatings, and related products to professional, industrial, commercial, and retail customers. Sherwin-Williams will report its Q3 earnings of 2022 before the bell today.
Shutterstock Inc. (NYSE:SSTK — $45.82) provides quality content, and creative workflow solutions in North America, Europe, and internationally. Shutterstock will report its Q3 earnings of 2022 before the bell today.
Simmons First National Corp. (NASDAQ:SFNC — $24.20) operates as the holding company for Simmons Bank that provides banking and other financial products and services to individuals and businesses. Simmons First National will report its Q3 earnings of 2022 before the bell today.
SITE Centers Corp. (NYSE:SITC — $11.63) is an owner and manager of open-air shopping centers that provide a highly-compelling shopping experience and merchandise mix for retail partners and consumers. SITE Centers will report its Q3 earnings of 2022 before the bell today.
Southside Bancshares Inc. (NASDAQ:SBSI — $36.05) operates as the bank holding company for Southside Bank that provides a range of financial services to individuals, businesses, municipal entities, and nonprofit organizations. Southside Bancshares will report its Q3 earnings of 2022 before the bell today.
Synchrony Financial (NYSE:SYF — $33.07) operates as a consumer financial services company in the United States. Synchrony Financial will report its Q3 earnings of 2022 before the bell today.
TransUnion (NYSE:TRU — $56.70) provides risk and information solutions. TransUnion will report its Q3 earnings of 2022 before the bell today.
Trinity Industries Inc. (NYSE:TRN — $23.43) provides rail transportation products and services under the TrinityRail name in North America. Trinity Industries will report its Q3 earnings of 2022 before the bell today.
UBS Group AG (NYSE:UBS — $15.18) provides financial advice and solutions to private, institutional, and corporate clients worldwide. UBS Group will report its Q3 earnings of 2022 before the bell today.
United Parcel Service Inc. (NYSE:UBS — $167.55) provides letter and package delivery, transportation, logistics, and related services. United Parcel Service will report its Q3 earnings of 2022 before the bell today.
Valero Energy Corp. (NYSE:VLO — $129.22) manufactures, markets, and sells transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, and internationally. Valero Energy will report its Q3 earnings of 2022 before the bell today.
Xerox Corp. (NASDAQ:XRX — $15.91) designs, develops, and sells document management systems and solutions in the United States, Europe, Canada, and internationally. Xerox will report its Q3 earnings of 2022 before the bell today.
Agilysys Inc. (NASDAQ:AGYS — $54.98) operates as a developer and marketer of hardware and software products and services to the hospitality industry in North America, Europe, the Asia-Pacific, and India. Agilysys will report its Q3 earnings of 2022 after the close today.
Alphabet Inc. (NASDAQ:GOOG — $103.97) engages in the business of acquisition and operation of different companies. Alphabet will report its Q3 earnings of 2022 after the close today.
Ameriprise Financial Inc. (NYSE:AMP — $271.65) provides various financial products and services to individual and institutional clients in the United States and internationally. Ameriprise Financial will report its Q3 earnings of 2022 after the close today.
AVANGRID Inc. (NYSE:AGR — $39.83) engages in the regulated energy transmission and distribution, and renewable energy generation businesses in the United States. AVANGRID will report its Q3 earnings of 2022 after the close today.
Axalta Coating Systems Ltd. (NYSE:AXTA — $23.54) manufactures, markets, and distributes high-performance coatings systems in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. Axalta Coating Systems will report its Q3 earnings of 2022 after the close today.
Boston Properties Inc. (NYSE:BXP — $72.82) is the largest publicly-held developer and owner of Class A office properties in the United States. Boston Properties will report its Q3 earnings of 2022 after the close today.
Boyd Gaming Corp. (NYSE:BYD — $53.78) operates as a multi-jurisdictional gaming company. Boyd Gaming will report its Q3 earnings of 2022 after the close today.
Canadian National Rail Co. (NYSE:CNI — $113.43) engages in the rail and related transportation business. Canadian National Rail will report its Q3 earnings of 2022 after the close today.
ChampionX Corp. (NASDAQ:CHX — $24.19) provides chemistry solutions, and engineered equipment and technologies to oil and gas companies worldwide. ChampionX will report its Q3 earnings of 2022 after the close today.
The Chemours Co. (NYSE:CC — $28.93) provides performance chemicals in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. Chemours will report its Q3 earnings of 2022 after the close today.
Chipotle Mexican Grill Inc. (NYSE:CMG — $1,545.84) owns and operates Chipotle Mexican Grill restaurants. Chipotle Mexican Grill will report its Q3 earnings of 2022 after the close today.
Chubb Ltd. (NYSE:CB — $203.38) provides insurance and reinsurance products worldwide. Chubb will report its Q3 earnings of 2022 after the close today.
CoStar Group Inc. (NASDAQ:CSGP — $71.39) provides information, analytics, and online marketplace services to the commercial real estate, hospitality, residential, and related professionals industries in the United States, Canada, Europe, the Asia Pacific, and Latin America. CoStar Group will report its Q3 earnings of 2022 after the close today.
EastGroup Properties Inc. (NYSE:EGP — $144.24) is a self-administered equity real estate investment trust. EastGroup will report its Q3 earnings of 2022 after the close today.
Encore Wire Corp. (NASDAQ:WIRE — $135.23) manufactures and sells electrical building wires and cables for interior electrical wiring in the United States. Encore Wire will report its Q3 earnings of 2022 after the close today.
Enphase Energy Inc. (NASDAQ:ENPH — $253.30) designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. Enphase Energy will report its Q3 earnings of 2022 after the close today.
Equity Commonwealth (NYSE:EQC — $25.65) is a Chicago based, internally managed and self-advised real estate investment trust. Equity Commonwealth will report its Q3 earnings of 2022 after the close today.
Equity Residential (NYSE:EQR — $64.15) is committed to creating communities where people thrive. Equity Residential will report its Q3 earnings of 2022 after the close today.
F5 Networks Inc. (NASDAQ:FFIV — $148.58) provides multi-cloud application security and delivery solutions for the security, performance, and availability of network applications, servers, and storage systems. F5 will report its Q3 earnings of 2022 after the close today.
First Commonwealth Financial Corp. (NASDAQ:FCF — $13.94) provides various consumer and commercial banking services in the United States. First Commonwealth will report its Q3 earnings of 2022 after the close today.
First Interstate BancSystem Inc. (NASDAQ:FIBK — $42.28) operates as the bank holding company for First Interstate Bank that provides range of banking products and services in the United States. First Interstate BancSystem will report its Q3 earnings of 2022 after the close today.
FirstEnergy Corp. (NASDAQ:FE — $36.88) generates, transmits, and distributes electricity in the United States. FirstEnergy will report its Q3 earnings of 2022 after the close today.
Hawaiian Holdings Inc. (NASDAQ:HA — $15.30) engages in the scheduled air transportation of passengers and cargo. Hawaiian Holdings will report its Q3 earnings of 2022 after the close today.
Highwoods Properties Inc. (NYSE:HIW — $26.14) is a publicly-traded real estate investment trust. Highwoods Properties will report its Q3 earnings of 2022 after the close today.
Ideanomics Inc. (NASDAQ:IDEX — $0.27) develops zero emission mobility solutions for the off-highway and on-highway commercial vehicle markets in Asia and the United States. Ideanomics will report its Q3 earnings of 2022 after the close today.
Juniper Networks Inc. (NYSE:JNPR — $28.49) designs, develops, and sells network products and services worldwide. Juniper Networks will report its Q3 earnings of 2022 after the close today.
Kilroy Realty Corp. (NYSE:KRC — $40.92) is a leading West Coast landlord and developer, with a major presence in San Diego, Greater Los Angeles, the San Francisco Bay Area, and the Pacific Northwest. Kilroy Realty will report its Q3 earnings of 2022 after the close today.
Luxfer Holdings plc (NYSE:LXFR — $15.94) designs, manufactures, and supplies high-performance materials, components, and high-pressure gas containment devices for defense and emergency response, healthcare, transportation, and general industrial end-market applications. Luxfer will report its Q3 earnings of 2022 after the close today.
Manhattan Associates Inc. (NASDAQ:MANH — $128.50) develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations. Manhattan Associates will report its Q3 earnings of 2022 after the close today.
Matador Resources Co. (NYSE:MTDR — $66.71) engages in the exploration, development, production, and acquisition of oil and natural gas resources in the United States. Matador Resources will report its Q3 earnings of 2022 after the close today.
Mattel Inc. (NASDAQ:MAT — $19.68) designs and produces toys and consumer products worldwide. Mattel will report its Q3 earnings of 2022 after the close today.
MaxLinear Inc. (NASDAQ:MXL — $31.82) provides radiofrequency (RF), high-performance analog, and mixed-signal communications systems-on-chip solutions (SoCs) for the connected home, wired and wireless infrastructure, and industrial and multi-market applications worldwide. MaxLinear will report its Q3 earnings of 2022 after the close today.
Microsoft Corp. (NASDAQ:MSFT — $247.25) develops, licenses, and supports software, services, devices, and solutions worldwide. Microsoft will report its Q3 earnings of 2022 after the close today.
Navient Corp. (NASDAQ:NAVI — $15.50) provides education loan management and business processing solutions for education, healthcare, and government clients at the federal, state, and local levels in the United States. Navient will report its Q3 earnings of 2022 after the close today.
NCR Corp. (NYSE:NCR — $19.38) provides various software and services worldwide. NCR will report its Q3 earnings of 2022 after the close today.
NextGen Healthcare Inc. (NASDAQ:NXGN — $18.53) provides healthcare technology solutions in the United States. NextGen Healthcare will report its Q3 earnings of 2022 after the close today.
NexTier Oilfield Solutions Inc. (NYSE:NEX — $11.23) provides well completion and production services in various active and demanding basins. NexTier Oilfield will report its Q3 earnings of 2022 after the close today.
Renasant Corp. (NASDAQ:RNST — $34.99) operates as a bank holding company for Renasant Bank that provides a range of financial, wealth management, fiduciary, and insurance services to retail and commercial customers. Renasant will report its Q3 earnings of 2022 after the close today.
Retail Opportunity Investments Corp. (NASDAQ:ROIC — $14.10) is a fully-integrated, self-managed real estate investment trust. Retail Opportunity Investments will report its Q3 earnings of 2022 after the close today.
Skechers USA Inc. (NYSE:SKC — $34.68) designs, develops, markets, and distributes footwear for men, women, and children; and performance footwear for men and women worldwide. Skechers USA will report its Q3 earnings of 2022 after the close today.
Spotify Technology S.A. (NYSE:SPOT — $94.66) provides audio streaming services worldwide. Spotify will report its Q3 earnings of 2022 after the close today.
Stride Inc. (NYSE:LRN — $46.33) provides proprietary and third-party online curriculum, software systems, and educational services to facilitate individualized learning for students primarily in kindergarten through 12th grade (K-12) in the United States and internationally. Stride will report its Q3 earnings of 2022 after the close today.
Tenable Holdings Inc. (NASDAQ:TENB — $32.63) provides cyber exposure solutions for in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. Tenable will report its Q3 earnings of 2022 after the close today.
Teradyne Inc. (NASDAQ:TER — $77.46) designs, develops, manufactures, sells, and supports automatic test equipment worldwide. Teradyne will report its Q3 earnings of 2022 after the close today.
Texas Instruments Inc. (NASDAQ:TXN — $161.65) designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. Texas Instruments will report its Q3 earnings of 2022 after the close today.
TriNet Group Inc. (NASDAQ:TNET — $74.31) provides human resources (HR) solutions, payroll services, employee benefits, and employment risk mitigation services for small and midsize businesses in the United States. TriNet Group will report its Q3 earnings of 2022 after the close today.
Trustmark Corp. (NASDAQ:TRMK — $34.30) operates as the bank holding company for Trustmark National Bank that provides banking and other financial solutions to individuals and corporate institutions in the United States. Trustmark will report its Q3 earnings of 2022 after the close today.
UMB Financial Corp. (NASDAQ:UMBF — $88.68) operates as the bank holding company for the UMB Bank that provides various banking and other financial services. UMB Financial will report its Q3 earnings of 2022 after the close today.
Universal Health Services Inc. (NYSE:UHS — $93.05) owns and operates acute care hospitals, and outpatient and behavioral health care facilities. Universal Health will report its Q3 earnings of 2022 after the close today.
Veritex Holdings Inc. (NASDAQ:VBTX — $27.64) operates as the bank holding company for Veritex Community Bank that provides various commercial banking products and services to small and medium-sized businesses, and professionals. Veritex Holdings will report its Q3 earnings of 2022 after the close today.
Vicor Corp. (NASDAQ:VICR — $45.91) designs, develops, manufactures, and markets modular power components and power systems for converting electrical power in the United States, Europe, the Asia Pacific, and internationally. Vicor will report its Q3 earnings of 2022 after the close today.
Visa Inc. (NYSE:V — $190.71) operates as a payments technology company worldwide. Visa will report its Q3 earnings of 2022 after the close today.
WesBanco Inc. (NASDAQ:WSBC — $38.15) operates as the bank holding company for WesBanco Bank, Inc. that provides retail banking, corporate banking, personal and corporate trust, brokerage, and mortgage banking and insurance services. WesBanco will report its Q3 earnings of 2022 after the close today.
Wyndham Hotels & Resorts Inc. (NASDAQ:WH — $70.60) operates as a hotel franchisor worldwide. Wyndham Hotels & Resorts will report its Q3 earnings of 2022 after the close today.
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