Louisiana-Pacific Corporation, World Wrestling Entertainment, Inc., Uber are the ones to read about today.
Markets are up as Nasdaq up to 12,128, gaining 0.4%. S&P 500 up to 4,129, gaining 0.23%.
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. 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 are up and stocks have released their quarterly earnings reports. Have a look.
Louisiana-Pacific: mixed results
The company reported mixed earnings results today, with EPS at 5.08 and revenues at $584 million, compared to a consensus of 0.05 Earnings Per Share and $621.34 million revenue.
Following yesterday's session which closed at $59.67, LP went up to $64.75 today only to drop back and trade at $63.09. As things stand, trading volume is at 1.12 million, above the 21-day average of 888,181.
After ending yesterday at $105.72, World Wrestling Entertainment is currently trading at $107.95.
After ending yesterday at $36.52, Uber is currently trading at $37.77. Current trading volume stands at 35.83 million; 146% above the 21-day average of 24.54 million.
A mostly flat day so far for the US drinks company, range-bound between $64.54 and $65.78 and currently at $65.11.