DarioHealth Corp., Oracle, The Toro Company and other stocks have published their quarterly earnings.
Leading equity indices in the US declined as Dow Jones shed 0.87% and closed at 31,875. S&P 500 slipped 0.7% and closed at 3,892.
Lufax Holding Ltd and Oracle have released their earnings reports with Pinduoduo & 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 17.44%.
During today's session, DarioHealth toiled and struggled for upward momentum before closing at $4.07. By the close, the the digital therapeutics company suffered a 12 cents or 2.86% loss. Trading volume totalled 104,598 which equates to around 66% of the stock's 21-day average today.
Oracle: EPS of 0.96, Revenue of $12.28 billion
Oracle trades at $83 after the company released its quarterly results.
During today's session, Oracle toiled and struggled for upward momentum before closing at $83. By the close, the the US tech hardware giant suffered a $1.56 or 1.87% loss. Daily trading volume (11.46 million shares) increased, making up 164% of the 21-day average (7 million).
Toro Company: mixed results
Toro Company reported earnings results Thursday; with EPS at 0.98; these results are inconclusive when compared to a consensus of 0.91 Earnings Per Share. Since the release of its earnings report, Toro Company lost 5.62%.
During today's session, Toro Company toiled and struggled for upward momentum before closing at $106.89. By the close, the the industrial equipment maker suffered a $3.6 or 3.26% loss. Trading volume totalled 725,597 which equates to around 77% of the stock's 21-day average today.