Royal Gold, Inc., Signify Health, Inc., DICK'S Sporting Goods, Inc. are the ones to read about today.
Markets closed higher yesterday; Dow Jones ended the session at 34,100 after a 1.18% gain. S&P 500 gained 1.36% and closed at 4,003.58.
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 mid cap and over stocks have released their quarterly earnings reports. Have a look.
Royal Gold: EPS of 0.71, Revenue of $131.43 million
Following the release of quarterly results, Royal Gold, Inc. trades at $109.48.
Pronounced bullish sentiment in the market helped the gold royalty company to make a notable 4.28% gain yesterday, rising $4.48 and ultimately closing at $109.48. Yesterday's trading volume was 376,761 shares which is slightly under the 21-day average of 435,600.
Signify Health was steady yesterday maintaining a $28.52 – $28.61 range before closing at $28.52.
Signify Health hit a significant low of $11.19 around 5 months ago, but has since recovered 155.32%. Signify Health's market cap currently stands at $8.34 billion with an average daily trading volume of 2 million shares.
The sporting goods merchant rose as high as $118.24 before giving up its gains and dropping back to $117.76 before the close on yesterday.
The past 6 months have been positive for the US sporting goods retail company as it appreciated 65.93%, having traded as low as $71.24. So far in 2022 it has been beating the Nasdaq by 45.34%. The company has a market cap of $9.33 billion with an average daily volume of 1.72 million shares.
Pronounced bearish market sentiment ensured that the hydroelectric power generation company made a notable 1.98% loss yesterday, declining 17 cents and ultimately closing at $8.41.
The Brazilian electric utilities company is now trading 15.88% below the significant high of $10.2 it set around 19 days ago. The Nasdaq has been doing worse in 2022, it has been passing it by 87.67%. The company's market cap is $19.35 billion with an average daily volume of 3 million shares.
After ending Monday at $82.29, Medtronic declined to $76.6 yesterday before closing at $77.93, thereby losing 5.3% in total.
Medtronic hit a significant low of $77.93 around a day ago, but has since recovered 5.59%. So far in 2022, it has been doing worse than the S&P by 5.42%. Medtronic is currently trading with a market cap of $103.58 billion with an average daily trading volume of 6.96 million shares.