Consolidated Edison Inc, US Foods Holding Corp., DraftKings Inc. are the ones to read about today.
Markets completed a mixed session Friday, as after dropping 0.58%, Nasdaq closed at 11,800. Dow Jones closed the day at 33,827, having gained 0.39%.
Digital Realty Trust Inc and Watsco, Inc. have released their earnings reports; Vimeo, Inc. & Li Auto Inc. will publish their respective reports in due course.
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.
Con 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) increased, making up 218% of the 21-day average (1.68 million).
Con 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) increased, making up 218% of the 21-day average (1.68 million).
Con 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) increased, making up 218% of the 21-day average (1.68 million).