UnitedHealth, Delta Air Lines, Inc., Fastenal Co are the ones to read about today.
Leading equity indices in the US declined as Dow Jones closed at 33,900, a 0.42% change. Nasdaq slipped 0.35% and closed at 12,123.
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 were down, stocks have released their quarterly earnings reports. Have a look at this rundown.
UnitedHealth: EPS of zero, Revenue of $91.93 billion
UnitedHealth trades at $511.79 after the company released its quarterly results.
After ending Thursday at $526.23, UnitedHealth declined to $508.5 Friday before closing at $511.79, thereby losing 2.74% in total.
The past 3 months have been positive for the healthcare services provider as it added 5.35% compared to its 3-month low of $452.06. So far this year, it has been doing worse than the Dow Jones by 3.48%. The company is currently trading with a market cap of $477.42 billion with an average daily trading volume of 3.46 million shares.
Delta Air Lines: EPS of zero, Revenue of $12.76 billion
Following the release of quarterly results, Delta Air Lines trades at $33.77.
After ending Thursday at $33.37, Delta Air Lines spiked to $34 Friday, dropped back to starting point range, and rallied again to $33.77. Daily trading volume (14.85 million shares) increased, making up 126% of the 21-day average (11.75 million).
Fastenal: EPS of zero, Revenue of $1.86 billion
Fastenal trades at $53.27 after the company released its quarterly results.
The industrial and construction supplies provider went up to $53.27, gaining 1.78%. Daily trading volume (5.32 million shares) increased, making up 149% of the 21-day average (3.57 million).