Discover the 3 stocks that published earnings during today's market slide

Black Knight, Inc., Nektar Therapeutics, Grocery Outlet Holding Corp. are the ones to read about today.

Leading equity indices in the US declined as Nasdaq lost 0.66% and ended the session at 11,379. After dropping 0.47%, S&P 500 closed at 3,951.39.

Advance Auto Parts Inc & Iovance Biotherapeutics, Inc. have released their earnings reports; Asana, Inc. & Natura &Co Holding S.A. will publish their respective reports in due course.

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.

Black Knight | Retains downward momentum since earnings report yesterday

The company reported earnings of 0.43 per share yesterday, falling short of expectations of 0.49. Revenue was also lower than expected at $383.5 million versus $388.84 million. Since the release of its earnings report, Black Knight, Inc. lost 4.08%

An influx of sellers pushed the financial services company to session lows around $58.09 while establishing a $58.09 to $59.73 session range today. The volume of trade was 1.23 million shares, close to the daily average of 1.23 million shares.

Nektar Therapeutics: mixed results

Nektar Therapeutics reported earnings results yesterday, with EPS at -0.32 and revenues at $22 million; these results are mixed when compared to a consensus of -0.45 Earnings Per Share and $22.61 million revenue. Since the release of its earnings report, Nektar Therapeutics gained 8.63%.

The US biopharmaceutical company went up to $1.51, gaining 9.42%. Daily trading volume (4.35 million shares) was above the current multiday average of 2.81 million.

Grocery Outlet | beats expected EPS of 0.17

Grocery Outlet was down, even though its quarterly earnings released on yesterday beat the analysts’ estimates. The reported earnings of 0.19 per share on revenue of $930.83 million, topping estimates of 0.17 per share on revenue of $907.47 million.

After ending yesterday at $27.05, Grocery Outlet declined to $25.71 today before closing at $26.44, thereby losing 2.26% in total. Daily trading volume (3.25 million shares) increased, making up 316% of the 21-day average (1 million).