Oshkosh Corporation, Oshkosh Corporation, Vail Resorts, Inc. are the ones to read about today.
Markets had an interesting day yesterday; Dow Jones closed the day at 34,000, having gained 1.58%. S&P 500 gained 1.43% and closed at 3,990.56.
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.
Oshkosh Corporation: fails to meet forecast
Oshkosh Corporation reported earnings of one per share and revenue at $2 billion.
Oshkosh Corporation rose 49 cents to close at $86.97 yesterday which makes for a move of 0.57%.
2 months ago, the specialty vehicle manufacturer fell to a low of $70.29 but has since recovered 23.03%. So far in 2022, it has been outperforming the Nasdaq by 18.8%. Oshkosh Corporation's market cap currently stands at $5.69 billion with an average daily trading volume of 349,614 shares.
Vail Resorts | Retains upward momentum since earnings report Friday
Vail Resorts released its quarterly earnings report Friday, beating analysts estimates. The company reported earnings of -3.4 per share on revenue of $279.45 million, topping estimates of -3.43 per share on revenue of $255 million. Since the release of its earnings report, Vail Resorts gained 4.18%.
Vail Resorts ended Friday at $258.64. yesterday it went up to $262.46 only to drop back, yet still managed to close at $261.7. The day's trading volume totalled 540,925 shares — slightly under the 21-day average of 558,483.