CACI International Inc, LKQ Corp, Wyndham Hotels & Resorts, Inc. and other stocks published their quarterly earnings, check out this rundown of reports and how they turned out.
Leading equity indices in the US rose as Dow Jones gained 0.8% and closed at 34,100. S&P 500 ended the session at 4,169.48 after a 0.83% gain.
Banco de Chile and 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 | Retains upward momentum since earnings report Thursday
CACI International Inc released its quarterly earnings report Thursday, 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 4.19%.
Generally flat but with a slight bullish bias, CACI ranged between $309.18 and $316.29 before closing higher at $313.32. Daily trading volume (172,270 shares) increased, making up 120% of the 21-day average (143,923).
LKQ Corp | Extends $1.51 since strong earnings report Thursday
LKQ Corp released its quarterly earnings report Thursday, 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. Since the release of its earnings report, LKQ Corp gained 2.69%.
After ending Thursday at $57.26, LKQ Corp went up to $57.8 only to drop back, yet still traded well overall and closed at $57.73 yesterday. The day's trading volume totalled 994,474 shares — slightly below the 21-day average of 1 million.
Wyndham Hotels & Resorts | Retains upward momentum since 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 4.06%.
The world's largest hotel franchisor went up to $68.22, gaining 2.13%.
The world's largest hotel franchisor is now trading 11.39% below its 3-month high of $90.71. The company is currently trading with a market cap of $5.88 billion with an average daily trading volume of 1 million shares.
Domino's: mixed results
Domino's Pizza reported inconclusive earnings results Thursday, with revenue at $1 billion, compared to a consensus of $1 billion. Since the publication of its earnings report, Domino's Pizza has declined 6.36%.
Domino's was steady yesterday maintaining a $314.38 – $320.38 range before closing at $317.47. Daily trading volume (924,776 shares) was slightly greater than the current multiday average of 748,512.