Discover the 4 stocks that published earnings during Friday's market slide

Centrais Elétricas Brasileiras S.A. – Eletrobrás, Canopy Growth Corporation, Accenture plc Class A (Ireland) and other stocks have published their quarterly earnings.

Leading equity indices in the US declined as S&P 500 lost 0.77% and ended the session at 4,348.33. Nasdaq slipped 1% and closed at 13,500.

The earnings season is coming to an end and Centrais Elétricas Brasileiras S.A. – Eletrobrás and Carnival Corporation & plc have release their reports.

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.

Centrais Electricas Brasileiras | Negative surprise today

Centrais Elétricas Brasileiras S.A. – Eletrobrás reported earnings of 0.32 per share and revenue at $9.21 billion.

Centrais Electricas Brasileiras rallied 2.09% and ended the session at $8.32. Trading volume totalled 1 million which equates to around 70% of the stock's 21-day average Friday.

Canopy Growth: mixed results

Canopy Growth reported earnings results Thursday; with EPS at -0.42, these results are ambiguous when compared to a consensus of -0.15 Earnings Per Share. Since the release of its earnings report, Canopy Growth lost 13.72%.

Early in Friday's session, Canopy Growth dropped to 50 cents from 60.14 cents at the end of Thursday, before closing at 51.75 cents. During the session, it lost 13.95%. Daily trading volume (26.50 million shares) increased, making up 211% of the 21-day average (12.55 million).

Accenture (Class A): mixed results

Accenture (Class A) reported earnings results Thursday; with EPS at 2.79; these results are inconclusive when compared to a consensus of 3.04 Earnings Per Share. Since the release of its earnings report, Accenture (Class A) lost 4.72%.

After ending Thursday at $307.25, Accenture (Class A) dropped to $297.7 early in Friday's session and closed at $298.43. In total, it lost 2.87%. Daily trading volume (4.23 million shares) increased, making up 122% of the 21-day average (3.46 million).

Darden Restaurants: EPS of 2.24, Revenue of $2.77 billion

Following the release of quarterly results, Darden Restaurants trades at $161.3.

Grinding lower but with no clear-cut direction, the Orlando-based restauranter closed the session at $161.3 after forming a distinct $160.1 – $165.54 range.

Having set a significant high of $167.64 12 days ago, the multi-brand restaurant operator is trading 3.29% lower. So far this year, it has performed better than the S&P 500 by 3.2%. Darden Restaurants's market cap currently stands at $19.51 billion with an average daily volume of 1.44 million shares.