CACI International Inc, LKQ Corp, Wyndham Hotels & Resorts, Inc. and other stocks have published their quarterly earnings.
Markets closed higher yesterday; S&P 500 ended the session at 4,135.35 after a 1.96% gain. Dow Jones closed the day at 33,826, having gained 1.57%.
Banco de Chile & DraftKings Inc. 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 up and stocks have released their quarterly earnings reports. Have a look.
CACI | Extends $11.7 since strong earnings report yesterday
CACI International Inc released its quarterly earnings report yesterday, 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. Since the release of its earnings report, CACI International Inc gained 3.89%.
An influx of buyers helped the professional services and IT company to end the session higher around $312.43, while establishing a $306.95 to $316.61 session range yesterday. Daily trading volume (349,159 shares) increased, making up 251% of the 21-day average (139,094).
LKQ Corp | Retains upward momentum since earnings report yesterday
LKQ Corp released its quarterly earnings report yesterday, beating analysts estimates. The company reported earnings of one per share on revenue of $3.35 billion, topping estimates of 0.95 per share on revenue of $3.27 billion. Since the release of its earnings report, LKQ Corp gained 1.85%.
The automobile parts supplier went up to $57.26, gaining 1.85%. Daily trading volume (1.49 million shares) increased, making up 143% of the 21-day average (1 million).
Wyndham Hotels & Resorts | Retains upward momentum since earnings report yesterday
Wyndham Hotels & Resorts released its quarterly earnings report yesterday, beating analysts estimates. The company reported earnings of 0.86 per share on revenue of $334 million, topping estimates of 0.81 per share on revenue of $326.54 million. Since the release of its earnings report, Wyndham Hotels & Resorts gained 1.89%.
Pronounced bullish sentiment in the market helped the world's largest hotel franchisor to make a notable 1.89% gain yesterday, rising $1.24 and ultimately closing at $66.8. Daily trading volume (2.10 million shares) was above the current multiday average of 1 million.