TD SYNNEX, Albertsons Companies, Inc., Tilray, Inc. are the ones to read about today.
The leading indices are climbing up — Dow Jones up to 34,100, gaining 0.35%. S&P 500 goes up 0.19%, trading at 3,977.
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 are up and stocks have released their quarterly earnings reports. Have a look.
Synnex | Retains upward momentum since earnings report Tuesday
TD SYNNEX released its quarterly earnings report Tuesday, beating analysts estimates. The company reported earnings of 3.3 per share on revenue of $16.25 billion, topping estimates of 2.85 per share on revenue of $15.82 billion. Since the release of its earnings report, TD SYNNEX gained 9.93%.
Synnex trades at $110.15, after ending yesterday at $110.35.
Albertsons Companies | Retains upward momentum since earnings report Tuesday
Albertsons Companies released its quarterly earnings report Tuesday, beating analysts estimates. The company reported earnings of 0.82 per share on revenue of $18.15 billion, topping estimates of 0.63 per share on revenue of $17.64 billion. Since the release of its earnings report, Albertsons Companies gained 2.34%.
Albertsons Companies trades at $21.41, after ending yesterday at $21.41.
Tilray | Bounces 7.5 cents since downbeat earnings report Monday
The company reported earnings of -0.06 per share Monday, falling short of expectations of -0.05. Revenue was also lower than expected at $144.14 million versus $202.47 million. Although earnings did not match projections, Tilray gained 2.54% since the release of its earnings report.
Tilray is down to $3.02, after ending yesterday at $3.04. Overall, a 0.49% loss or 1.5 cents today.