Marketaxess Holdings Inc, Carvana Co., SEI Investments Company are the ones to read about today.
Markets are currently flat. Nasdaq trades at 12,144 with no major change. S&P 500 is relatively flat, trades at 4,154.49.
With Q1 earnings season getting underway, around 50% of US companies have missed market estimates so far. This past week, Bank of New York Mellon Corp & Commerce Bancshares, Inc. published downbeat reports while STMicroelectronics N.V. and Credit Suisse Group AG are scheduled to release their results in the coming days.
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.
Though markets were flat, stocks have released their quarterly earnings reports. Take a look.
MarketAxess slides down 1.33% ahead of quarterly report tomorrow
Marketaxess Holdings Inc is scheduled to announce earnings results tomorrow. The consensus Earnings Per Share estimate is 1.89 and the consensus revenue estimate is $201.19 million.
Drifting lower, the fintech company is nearing the end of the session at $335.65 after ranging between $335 and $341.92 today.
Carvana Co.: EPS of -0.97, Revenue of $2.84 billion
Following the release of quarterly results, Carvana Co. trades at $8.9.
The used car e-commerce platform is sliding down from $9.06 to $8.9, taking a 1.71% loss as it nears the end of the session.
SEI Investments Company gains 1.09% ahead of the quarterly earnings report set for Thursday
SEI Investments Company is scheduled to announce earnings results Thursday. The consensus Earnings Per Share estimate is 0.82 and the consensus revenue estimate is $467.83 million.
After closing yesterday at $58.02, the financial services company spiked to $58.69 before giving back its gains and closing the session at $58.65.
Tesla descends 1.15% ahead of quarterly report tomorrow
Tesla is scheduled to announce earnings results tomorrow. The consensus EPS estimate is 0.75 and the consensus revenue estimate is $23.29 billion.
The trendy EV maker is sliding down from $187.04 to $184.88, taking a 1.15% loss as it nears the end of the session.