Nova Ltd., Western Midstream Partners, LP, Gilat Satellite Networks Ltd. are the ones to read about today.
Markets completed a mixed session yesterday while Dow Jones lost 0.66% and ended the session at 33,300. S&P 500 was down 0.17% before closing the session at 4,130.62.
Sun Life Financial Inc. & Mizuho Financial Group, Inc. have released their earnings reports with Take-Two Interactive Software Inc & WalkMe 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 are flat and stocks have released their quarterly earnings reports. Here is an update on what to look out for.
Nova Measuring Instruments: EPS of 1.28, Revenue of $151.24 million
Following the release of quarterly results, Nova Ltd. trades at $93.06.
After ending Wednesday at $91.27, Nova Measuring Instruments went up to $95.22 only to drop back, yet still traded well overall and closed at $93.06 yesterday.
Nova Measuring Instruments hit a significant low of $69.5 around 6 months ago, but has since recovered 31.32%. Nova is currently trading with a market cap of $2.67 billion with an average daily volume of 99,797 shares.
Western Midstream | Retains downward momentum since earnings report Tuesday
The company reported earnings of 0.52 per share Tuesday, falling short of expectations of 0.618. Revenue was also lower than expected at $733.98 million versus $771.64 million. Since the release of its earnings report, Western Midstream lost 0.31%
The natural gas distributor has recovered almost all of its session losses after dipping down to $25.27 yesterday. Yesterday's trading volume was 416,086 shares which is under the 21-day average of 677,343.
Gilat: EPS of 0.14, Revenue of $27.72 million
Gilat trades at $5.49 after the company released its quarterly results.
Generally flat but with a slight bullish bias, Gilat ranged between $5.38 and $5.5 before closing higher at $5.49. Trading volume totalled 63,286 which equates to around 56% of the stock's 21-day average yesterday.
