Consolidated Edison Inc, US Foods Holding Corp., DraftKings Inc. are the ones to read about today.
Markets completed a mixed session Friday, as Nasdaq closed at 11,800, a 0.58% change. Dow Jones ended the session at 33,827 after a 0.39% gain.
Advance Auto Parts Inc and Axon Enterprise, Inc. due to release their earnings reports within the following week.
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 flat and stocks have released their quarterly earnings reports. Here is an update on what to look out for.
Consolidated Edison | Extends $2.05 since strong earnings report Thursday
Consolidated Edison Inc released its quarterly earnings report Thursday, beating analysts estimates. The company reported earnings of 0.81 per share on revenue of $4 billion, topping estimates of 0.78 per share on revenue of $3.69 billion. Since the release of its earnings report, Consolidated Edison Inc gained 2.25%.
Pronounced bullish sentiment in the market helped the investor-owned energy company to make a notable 1.73% gain Friday, rising $1.59 and ultimately closing at $93.25. Daily trading volume (3.65 million shares) was above the current multiday average of 1.68 million.
Consolidated Edison | Extends $2.05 since strong earnings report Thursday
Consolidated Edison Inc released its quarterly earnings report Thursday, beating analysts estimates. The company reported earnings of 0.81 per share on revenue of $4 billion, topping estimates of 0.78 per share on revenue of $3.69 billion. Since the release of its earnings report, Consolidated Edison Inc gained 2.25%.
Pronounced bullish sentiment in the market helped the investor-owned energy company to make a notable 1.73% gain Friday, rising $1.59 and ultimately closing at $93.25. Daily trading volume (3.65 million shares) was above the current multiday average of 1.68 million.
Consolidated Edison | Extends $2.05 since strong earnings report Thursday
Consolidated Edison Inc released its quarterly earnings report Thursday, beating analysts estimates. The company reported earnings of 0.81 per share on revenue of $4 billion, topping estimates of 0.78 per share on revenue of $3.69 billion. Since the release of its earnings report, Consolidated Edison Inc gained 2.25%.
Pronounced bullish sentiment in the market helped the investor-owned energy company to make a notable 1.73% gain Friday, rising $1.59 and ultimately closing at $93.25. Daily trading volume (3.65 million shares) was above the current multiday average of 1.68 million.
Consolidated Edison | Extends $2.05 since strong earnings report Thursday
Consolidated Edison Inc released its quarterly earnings report Thursday, beating analysts estimates. The company reported earnings of 0.81 per share on revenue of $4 billion, topping estimates of 0.78 per share on revenue of $3.69 billion. Since the release of its earnings report, Consolidated Edison Inc gained 2.25%.
Pronounced bullish sentiment in the market helped the investor-owned energy company to make a notable 1.73% gain Friday, rising $1.59 and ultimately closing at $93.25. Daily trading volume (3.65 million shares) was above the current multiday average of 1.68 million.