DarioHealth Corp., Oracle, The Toro Company and other stocks have published their quarterly earnings.
Leading equity indices in the US rose as S&P 500 closed the day at 3,919.29, having gained 1.65%. Nasdaq gained 2.14% and closed at 11,428.
Pinduoduo & UroGen Pharma Ltd. 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 were up and stocks have released their quarterly earnings reports. Have a look.
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 15%.
DarioHealth rallies 10.55% to close at $4.19 yesterday. Daily trading volume (332,227 shares) was higher than the current multiday average of 157,554.
Oracle: EPS of 0.96, Revenue of $12.28 billion
Oracle trades at $84.56 after the company released its quarterly results.
During yesterday's session, Oracle toiled and struggled for upward momentum before closing at $84.56. By the close, the the US tech hardware giant suffered a 37 cents or 0.44% loss. Daily trading volume (8.69 million shares) increased, making up 124% of the 21-day average (7 million).
Toro Company: mixed results
Toro Company reported inconclusive earnings results Thursday, with EPS at 0.98 and revenues at $1.15 billion. Since the release of its earnings report, Toro Company lost 2.45%.
Toro Company improves 1.49% to close at $110.49 yesterday. The day's trading volume totalled 514,780 shares — lower than the 21-day average of 940,453.
DocuSign | beats expected EPS of 0.04
DocuSign released its quarterly earnings Thursday, beating analysts estimates. The company 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. Since the release of its earnings report, DocuSign lost 15.49%.
DocuSign rose $2.43 to close at $55.49 yesterday which makes for a move of 4.57%. Daily trading volume (7.84 million shares) increased, making up 145% of the 21-day average (5.42 million).