CACI International Inc, LKQ Corp, Wyndham Hotels & Resorts, Inc. are the ones to read about today.
Markets closed higher yesterday; Dow Jones closed the day at 34,100, having gained 0.8%. S&P 500 gained 0.83% and closed at 4,169.48.
FirstEnergy Corp and Carter's, Inc. have released their earnings reports; Banco de Chile and DraftKings Inc. will publish their respective reports in due course.
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 stocks have released their quarterly earnings reports. Have a look.
CACI | Extends $12.59 since strong earnings report Thursday
CACI International Inc released its quarterly earnings report Thursday, beating analysts estimates. The company reported earnings of 4.92 per share on revenue of $1.74 billion, topping estimates of 4.67 per share on revenue of $1.71 billion. Since the release of its earnings report, CACI International Inc gained 4.19%.
Generally flat but with a slight bullish bias, CACI ranged between $309.18 and $316.29 before closing higher at $313.32.
CACI hit a significant low of $248.66 around 6 months ago, but has since recovered 25.65%. The company is currently trading with a market cap of $7.37 billion with an average daily volume of 143,923 shares.
LKQ Corp | Extends $1.51 since strong earnings report Thursday
LKQ Corp released its quarterly earnings report Thursday, beating analysts estimates. The company reported earnings of 1.04 per share on revenue of $3.35 billion, topping estimates of 0.95 per share on revenue of $3.27 billion. Since the release of its earnings report, LKQ Corp gained 2.69%.
LKQ Corp ended Thursday at $57.26. yesterday it went up to $57.8 only to drop back, yet still managed to close at $57.73. Trading volume totalled 994,474 which equates to around 96% of the stock's 21-day average yesterday.
Wyndham Hotels & Resorts | Extends $2.66 since strong earnings report Thursday
Wyndham Hotels & Resorts released its quarterly earnings report Thursday, beating analysts estimates. The company reported earnings of 0.86 per share on revenue of $334 million, topping estimates of 0.796 per share on revenue of $326.54 million. Since the release of its earnings report, Wyndham Hotels & Resorts gained 4.06%.
Pronounced bullish sentiment in the market helped the world's largest hotel franchisor to make a notable 2.13% gain yesterday, rising $1.42 and ultimately closing at $68.22. Daily trading volume (1.19 million shares) was slightly above the current multiday average of 1 million.
Domino's: mixed results
Domino's Pizza reported earnings results Thursday; with EPS at 2.93; these results are inconclusive when compared to a consensus of 2.73 Earnings Per Share. Since the release of its earnings report, Domino's Pizza lost 6.36%.
A quiet day for Domino's Pizza as it remained range-bound within a $314.38 – $320.38 range before closing at $317.47. Daily trading volume (924,776 shares) increased, making up 124% of the 21-day average (748,512).
