Dupont De Nemours Inc, CACI International Inc, LKQ Corp and other stocks published their quarterly earnings, check out this rundown of reports and how they turned out.
Leading equity indices in the US declined as Dow Jones shed 1.08% and closed at 33,700. S&P 500 was down 1.16% before closing the session at 4,119.58.
3Rd quarter earnings season is mostly over, with Yum! Brands Inc & The Scotts Miracle-Gro Company releasing their earnings reports just this 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 down, stocks have released their quarterly earnings reports. Have a look at this rundown.
DuPont | Retains downward momentum since earnings report yesterday
The company reported earnings of 0.82 per share yesterday, falling short of expectations of 1.13. Revenue was also lower than expected at $3 billion versus $4.20 billion. Dupont De Nemours Inc lost 6.27% since the release of its earnings report.
Early in yesterday's session, DuPont dropped to $62.8 from $69.38 at the end of Monday, before closing at $65.03. During the session, it lost 6.27%. Daily trading volume (9.55 million shares) increased, making up 298% of the 21-day average (3.21 million).
CACI | Retains upward momentum since earnings report Thursday
CACI was down, even though its quarterly earnings released on Thursday beat the analysts’ estimates. The 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.
After ending Monday at $316.22, CACI declined to $305.56 yesterday before closing at $308.7, thereby losing 2.38% in total.
The multi-billion-dollar IT company is up 27.17% from the significant low of $248.66 it hit 6 months ago. The professional services and IT company's market cap currently stands at $7 billion with an average daily volume of 153,516 shares.
LKQ Corp | Extends $1 since strong earnings report Thursday
LKQ Corp was down, even though its quarterly earnings released on Thursday beat the analysts’ estimates. The 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.
After ending Monday at $58.11, LKQ Corp dropped to $56.23 early in yesterday's session and closed at $57.22. In total, it lost 1.53%.
The automobile parts supplier is now trading 25.16% above the significant low ($46.43) it slumped to 10 months ago. So far this year, it has been under-performing the S&P 500 by 2.11%. LKQ Corp's market cap currently stands at $15.29 billion with an average daily trading volume of 1 million shares.
Wyndham Hotels & Resorts | Extends $3.64 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 5.55%.
After dropping down to $67.28, the US hotel company recovers some losses and is currently trading at $69.2.
The world's largest hotel franchisor has shed 11.62% over the past three months. The company has a market cap of $5.94 billion with an average daily volume of 1 million shares.
Domino's Pizza: mixed results
The company reported earnings results Thursday; with EPS at 2.93 and revenues at $1 billion, these results are mixed compared to a consensus of 2.73 Earnings Per Share and $1 billion revenue. Since the release of its earnings report, Domino's Pizza lost 8.09%.
A mostly flat day so far for the pizza restaurant chain, range-bound between $307.54 and $313.38 and currently at $311.59.
The pizza maker has shed 13.57% over the past three months. So far this year, it has been doing worse than the S&P 500 by 16.42%. The company is currently trading with a market cap of $11 billion with an average daily trading volume of 751,452 shares.