CACI International Inc, LKQ Corp, Wyndham Hotels & Resorts, Inc. are the ones to read about today.
The leading indices were losing ground — Dow Jones drawing back 1.29% to 33,600. S&P 500 slipping 1.31% and closing at 4,113.43.
Hawaiian Electric Industries, Inc. & Arrival 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. 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 down, stocks have released their quarterly earnings reports. Have a look at this rundown.
CACI | Extends $7.07 since strong earnings report Thursday
CACI International Inc is down despite the fact that on Thursday the company released its quarterly earnings, beating analysts estimates. The company reported earnings of 4.92 per share on revenue of $1.74 billion, topping estimates of 4.67 per share on revenue of $1.71 billion.
Tough session sees the professional services and IT company shedding 2.66% in early trade
The professional services and IT company has recovered 27.17% since descending to a significant low of $248.66 around 6 months ago. The company's market cap currently stands at $7 billion with an average daily volume of 148,454 shares.
LKQ Corp | Extends 63 cents since strong earnings report Thursday
LKQ Corp is down despite the fact that on Thursday the company released its quarterly earnings, beating analysts estimates. The company reported earnings of 1.04 per share on revenue of $3.35 billion, topping estimates of 0.95 per share on revenue of $3.27 billion.
The globally active automobile parts provider is trading close to the $56.85 level today, after ending yesterday at $58.11 and dropping 2.17%.
Wyndham Hotels & Resorts | Extends $2.83 since strong earnings report Thursday
Wyndham Hotels & Resorts released its quarterly earnings report Thursday, beating analysts estimates. The company reported earnings of 0.86 per share on revenue of $334 million, topping estimates of 0.796 per share on revenue of $326.54 million. Since the release of its earnings report, Wyndham Hotels & Resorts gained 4.31%.
After dipping as low as $67.28, the world's largest hotel franchisor is recovering ground lost since the previous session close ($69.15); currently trading at $68.39.