CACI International Inc, LKQ Corp, Wyndham Hotels & Resorts, Inc. are the ones to read about today.
Markets were up Friday; Dow Jones gained 0.8% and closed at 34,100. S&P 500 closed the day at 4,169.48, having gained 0.83%.
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. Usually, these reports are released four times a year (quarterly reports) and have a significant impact on the market. These announcements are typically taken into consideration when making predictions.
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) increased, making up 120% of the 21-day average (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%.
LKQ Corp ended Thursday at $57.26. Friday it went up to $57.8 only to drop back, yet still managed to close at $57.73. The day's trading volume totalled 994,474 shares — slightly under the 21-day average of 1 million.
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 US hotel company to make a notable 2.13% gain Friday, rising $1.42 and ultimately closing at $68.22. Daily trading volume (1.19 million shares) increased, making up 112% of the 21-day average (1 million).
Domino's: mixed results
Domino's 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 lost 6.36%.
Domino's was steady Friday maintaining a $314.38 – $320.38 range before closing at $317.47. Daily trading volume (924,776 shares) was slightly greater than the current multiday average of 748,512.
