DarioHealth Corp., Oracle, The Toro Company are the ones to read about today.
Leading equity indices in the US declined as S&P 500 lost 1.45% and ended the session at 3,861.59. Nasdaq shed 1.76% and closed at 11,139.
Oracle and The Toro Company have released their earnings reports with Pinduoduo and UroGen Pharma Ltd. are set to publish their respective reports as scheduled.
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 down, stocks have released their quarterly earnings reports. Have a look at this rundown.
DarioHealth: mixed results
DarioHealth Corp. reported earnings results Thursday; with EPS at -0.51, these results are ambiguous when compared to a consensus of -0.6 Earnings Per Share. Since the release of its earnings report, DarioHealth Corp. lost 18.86%.
The personalized health management firm plunged into the red after losing 9.91%, declining to $four. Daily trading volume (417,832 shares) was higher than the current multiday average of 147,455.
Oracle: EPS of 0.96, Revenue of $12.28 billion
Oracle trades at $84.07 after the company released its quarterly results.
Early in Friday's session, Oracle dropped to $82.88 from $86.87 at the end of Thursday, before closing at $84.07. During the session, it lost 3.22%.
Daily trading volume (16 million shares) was above the current multiday average of 6.73 million.
Toro Company: mixed results
The company reported mixed earnings results Thursday, with EPS at 0.98 and revenues at $1.15 billion. Since the release of its earnings report, Toro Company lost 3.51%.
After ending Thursday at $115.91, Toro Company declined to $108.62 Friday before closing at $109.29, thereby losing 5.71% in total. Friday's trading volume was 784,537 shares which is slightly under the 21-day average of 943,550.