NiSource Inc, GrowGeneration Corp., Teradata Corporation are the ones to read about today.
Markets were up yesterday; Dow Jones ended the session at 32,827 after a 1.31% gain. S&P 500 gained 0.96% and closed at 3,806.8.
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.
NiSource loses 5.87%, closes at $24.37 ahead of quarterly report tomorrow
NiSource Inc is scheduled to announce earnings results tomorrow. The consensus EPS estimate is 0.11 and the consensus revenue estimate is $1 billion.
After ending Friday at $25.89, NiSource dropped to $23.79 early in yesterday's session and closed at $24.37. In total, it lost 5.87%.
Having set a significant high of $32.46 19 days ago, NiSource is trading 7.2% lower. The S&P 500 has been doing worse in 2022, it has been passing it by 15.4%. The company's market cap is $9.90 billion with an average daily volume of 5.58 million shares.
GrowGeneration: EPS of -0.12, Revenue of $70.85 million
Following the release of quarterly results, GrowGeneration trades at $3.31.
Early in yesterday's session, GrowGeneration dropped to $3.21 from $3.44 at the end of Friday, before closing at $3.31. During the session, it lost 3.78%.
Since its 52-week high of $25.53, GrowGeneration has lost 86.59% over the last twelve months. GrowGeneration's market cap is currently $201.23 million with an average daily trading volume of 1.28 million shares.
Teradata: mixed results
Teradata reported earnings results yesterday, with EPS at 0.31 and revenues at $417 million; these results are mixed when compared to a consensus of 0.29 Earnings Per Share and $421.61 million revenue. Since the release of its earnings report, Teradata gained 1.66%.
After ending Friday at $29.55, Teradata went up to $30.1 only to drop back, yet still traded well overall and closed at $30.04 yesterday. The volume of trade was 945,914 shares, close to the daily average of 950,220 shares.