CACI International Inc, LKQ Corp, Wyndham Hotels & Resorts, Inc. and other stocks published their quarterly earnings. Here's what you need to know.
The leading indices are showing gains — Dow Jones up 0.6%, trading at 34,028. S&P 500 up to 4,161, gaining 0.62%.
3Rd quarter earnings season is mostly over, with FirstEnergy Corp and Gaming and Leisure Properties, Inc. 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 are up and stocks have released their quarterly earnings reports. Have a look.
CACI | Retains upward momentum since earnings report yesterday
CACI International Inc released its quarterly earnings report yesterday, beating analysts estimates. The company 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. Since the release of its earnings report, CACI International Inc gained 3.89%.
A mostly flat day so far as the professional services and IT company remains range-bound between $309.18 and $316.29. Going into the end of today's trading session, CACI is trading around $312.42.
LKQ Corp | Extends $1.33 since strong earnings report yesterday
LKQ Corp released its quarterly earnings report yesterday, beating analysts estimates. The company reported earnings of one per share on revenue of $3.35 billion, topping estimates of 0.95 per share on revenue of $3.27 billion. Since the release of its earnings report, LKQ Corp gained 2.37%.
The globally active automobile parts provider closed yesterday at $57.26. Today, it went up to $57.8 only to drop back, but is still positive overall — trading around $57.55.
Wyndham Hotels & Resorts: EPS of 0.86, Revenue of $334 million
Following the release of quarterly results, Wyndham Hotels & Resorts trades at $68.34.
From an earlier low of $66.28, the US hotel company is on track to end the session around $68.34 after gaining $1.54 compared to last trading session's $66.8 (2.31%).
Domino's | Retains downward momentum since earnings report yesterday
The company reported earnings of 2.5 per share yesterday, falling short of expectations of 2.73. Revenue was also lower than expected at $1 billion versus $1 billion. Domino's lost 6.73% since the release of its earnings report.
Slightly weaker but mostly flat: Domino's is currently trading at $316.2 as it maintains an active range between $314.38 and $320.38.
The pizza maker has shed 10.71% over the past three months. So far this year, it has been doing worse than the S&P 500 by 14%. Currently, the pizza maker has a market capitalization of $11.20 billion with an average daily trading volume of 743,358 shares.
NewMarket: EPS of 10.09, Revenue of $702.79 million
NewMarket trades at $398.05 after the company released its quarterly results.
As the end of the session approaches, a small gain for the petroleum additives company at $398.05 after ranging between $396.55 and $400.91 today.
The US petroleum additives manufacturer has gained 22.42% since its lowest print of $281.43 earlier this year. The petroleum additives company's market cap currently stands at $3.85 billion with an average daily volume of 37,155 shares.