Visa Inc., NVIDIA, Walmart are the ones to read about today.
Markets closed higher Friday; Dow Jones closed the day at 33,746, having gained 0.59%. S&P 500 gained 0.48% and closed at 3,965.34.
What is an earnings report?
An earnings report is an official statement of a company's profitability over a certain period of time. These reports are typically announced once a quarter, and their timing is considered when making predictions about the market due to the large impact they have on it.
Markets were up and mega cap stocks have released their quarterly earnings reports. Have a look.
Visa Inc.: EPS of 1.93, Revenue of $7.79 billion
Following the release of quarterly results, Visa Inc. trades at $210.8.
Without a clear direction, Visa Inc. closed at $210.8 while ranging between $209.74 and $214.17. The volume of trade was 8 million shares, close to the daily average of 8 million shares.
Visa Inc.: EPS of 1.93, Revenue of $7.79 billion
Following the release of quarterly results, Visa Inc. trades at $210.8.
Without a clear direction, Visa Inc. closed at $210.8 while ranging between $209.74 and $214.17. The volume of trade was 8 million shares, close to the daily average of 8 million shares.
Walmart | Retains upward momentum since earnings report Tuesday
Walmart released its quarterly earnings report Tuesday, beating analysts estimates. The company reported earnings of 1.5 per share on revenue of $152.81 billion, topping estimates of 1.32 per share on revenue of $147.75 billion. Since the release of its earnings report, Walmart gained 8.56%.
After dipping down to $148.77, Walmart regained earlier losses and ended up at $150.23. Friday's trading volume was 6.33 million shares which is slightly under the 21-day average of 6.99 million.
Home Depot | Retains upward momentum since earnings report Tuesday
Home Depot released its quarterly earnings report Tuesday, beating analysts estimates. The company reported earnings of 4.24 per share on revenue of $38.87 billion, topping estimates of 4.11 per share on revenue of $37.96 billion. Since the release of its earnings report, Home Depot gained 2.04%.
Generally flat but with a slight bullish bias, Home Depot ranged between $310.26 and $316 before closing higher at $313.18. The day's trading volume totalled 3.56 million shares — slightly under the 21-day average of 4.28 million.