DarioHealth Corp., Oracle, The Toro Company and other stocks have published their quarterly earnings.
Leading equity indices in the US declined as after dropping 1.45%, S&P 500 closed at 3,861.59. Nasdaq was down 1.76% before closing the session at 11,139.
Oracle and The Toro Company have released their earnings reports with Centrais Elétricas Brasileiras S.A. – Eletrobrás & Algonquin Power & Utilities Corp. are set to publish their respective reports as scheduled.
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 down, stocks have released their quarterly earnings reports. Have a look at this rundown.
DarioHealth: mixed results
DarioHealth Corp. reported earnings results Thursday; with EPS at -0.51, these results are ambiguous when compared to a consensus of -0.6 Earnings Per Share. Since the release of its earnings report, DarioHealth Corp. lost 18.86%.
The digital therapeutics company plunged into the red after losing 9.91%, declining to $four. Daily trading volume (417,172 shares) was higher than the current multiday average of 147,455.
Oracle: EPS of 0.96, Revenue of $12.28 billion
Following the release of quarterly results, Oracle trades at $84.07.
After ending Thursday at $86.87, Oracle dropped to $82.88 early in yesterday's session and closed at $84.07. In total, it lost 3.22%. Daily trading volume (15.70 million shares) increased, making up 233% of the 21-day average (6.73 million).
Toro Company: mixed results
Toro Company reported earnings results Thursday; with EPS at 0.98; these results are inconclusive when compared to a consensus of 0.91 Earnings Per Share. Since the release of its earnings report, Toro Company lost 3.51%.
Early in yesterday's session, Toro Company dropped to $108.62 from $115.91 at the end of Thursday, before closing at $109.29. During the session, it lost 5.71%. The day's trading volume totalled 756,045 shares — slightly under the 21-day average of 943,550.
DocuSign: rises above expectations
DocuSign was down, even though its quarterly earnings released on Thursday beat the analysts’ estimates. The 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.
After ending Thursday at $64.41, DocuSign declined to $49.42 yesterday before closing at $49.69, thereby losing 22.85% in total. Daily trading volume (28.90 million shares) increased, making up 570% of the 21-day average (5 million).
Ulta Beauty | beats expected EPS of 5.69
Ulta Beauty released its quarterly earnings Thursday, beating analysts estimates. The company reported earnings of 6.68 per share on revenue of $3.23 billion, topping estimates of 5.69 per share on revenue of $3 billion. Since the release of its earnings report, Ulta Beauty lost 0.56%.
Without a clear direction, Ulta Beauty closed at $521.18 while ranging between $514.75 and $533. Daily trading volume (1.44 million shares) was above the current multiday average of 597,853.