DarioHealth Corp., Oracle, The Toro Company are the ones to read about today.
Leading equity indices in the US declined as S&P 500 slipped 1.45% and closed at 3,861.59. Nasdaq closed at 11,139, a 1.76% change.
Centrais Elétricas Brasileiras S.A. – Eletrobrás & Algonquin Power & Utilities Corp. 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 were down, stocks have released their quarterly earnings reports. Have a look at this rundown.
DarioHealth: mixed results
DarioHealth Corp. reported earnings results Thursday; with EPS at -0.51; these results are inconclusive when compared to a consensus of -0.6 Earnings Per Share. Since the release of its earnings report, DarioHealth Corp. lost 18.86%.
DarioHealth shed 9.91%, falling to $four. Daily trading volume (417,172 shares) was higher than the current multiday average of 147,455.
Oracle: EPS of 0.96, Revenue of $12.28 billion
Oracle trades at $84.07 after the company released its quarterly results.
After ending Thursday at $86.87, Oracle dropped to $82.88 early in yesterday's session and closed at $84.07. In total, it lost 3.22%. Daily trading volume (15.70 million shares) was above the current multiday average of 6.73 million.
Toro Company: mixed results
Toro Company reported inconclusive earnings results Thursday, with revenue at $1.15 billion, compared to a consensus of $1.17 billion. Since the publication of its earnings report, Toro Company has declined 3.51%.
Early in yesterday's session, Toro Company dropped to $108.62 from $115.91 at the end of Thursday, before closing at $109.29. During the session, it lost 5.71%.
The day's trading volume totalled 756,045 shares — slightly under the 21-day average of 943,550.
DocuSign | Positive surprise Thursday
DocuSign was down, even though its quarterly earnings released on Thursday beat the analysts’ estimates. The reported earnings of 0.07 per share on revenue of $659.58 million, topping estimates of 0.04 per share on revenue of $626.93 million.
After ending Thursday at $64.41, DocuSign declined to $49.42 yesterday before closing at $49.69, thereby losing 22.85% in total.
DocuSign hit a significant low of $39.8 around 4 months ago, but has since recovered 61.83%. So far this year, it has been under-performing the Nasdaq by 16.51%. The company's market cap currently stands at $9.99 billion with an average daily volume of 5 million shares.