CACI International Inc, LKQ Corp, Wyndham Hotels & Resorts, Inc. are the ones to read about today.
Leading equity indices in the US rose as Dow Jones ended the session at 34,100 after a 0.8% gain. S&P 500 gained 0.83% and closed at 4,169.48.
3Rd quarter earnings season is mostly over, with FirstEnergy Corp and Carter's, Inc. releasing their earnings reports just this week.
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 | Retains upward momentum since 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. Daily trading volume (172,270 shares) was slightly greater than the current multiday average of 143,923.
LKQ Corp | Retains upward momentum since 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%.
After ending Thursday at $57.26, LKQ Corp went up to $57.8 only to drop back, yet still traded well overall and closed at $57.73 Friday.
LKQ Corp hit a significant low of $46.43 around 10 months ago, but has since recovered 23.33%. So far this year, it has been under-performing the S&P by 1.1%. The company is currently trading with a market cap of $15.43 billion with an average daily volume of 1 million shares.
Wyndham Hotels & Resorts | Retains upward momentum since 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%.
The US hotel company went up to $68.22, gaining 2.13%.
The world's largest hotel franchisor is now trading 10.38% below its 3-month high of $88.38. Wyndham Hotels & Resorts has a market cap of $5.88 billion with an average daily trading volume of 1 million shares.
