Centrais Elétricas Brasileiras S.A. – Eletrobrás, Catalent Inc, Campbell Soup Co and other stocks published their quarterly earnings, check out this rundown of reports and how they turned out.
The leading indices are climbing up — Dow Jones up 1%, trading at 34,320. S&P 500 goes up 0.66%, trading at 4,401.35.
The earnings season is coming to an end and Adobe and Kroger Co 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. 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.
Centrais Electricas Brasileiras trades around $8.12 ahead of quarterly performance report to be released Monday
Centrais Elétricas Brasileiras S.A. – Eletrobrás trades at $8.12 ahead of quarterly performance report which is scheduled to be released Monday.
A mostly flat day so far for the Brazilian electric utilities company, range-bound between $8.05 and $8.15 and currently at $8.12.
Catalent: mixed results
Catalent reported earnings results Monday, with EPS at -0.12 and revenues at $1 billion; these results are mixed when compared to a consensus of -0.03 Earnings Per Share and $952.66 million revenue. Since the release of its earnings report, Catalent gained 12.29%.
The drug manufacturer trades at $43.58 today, after closing yesterday at $42.09 and gaining $1.49 (3.54%).
The pharmaceutical developer is up 32.11% from the significant low of $31.86 it hit 30 days ago. So far this year, it has been doing worse than the S&P by 18.25%. The company has a market cap of $7.86 billion with an average daily volume of 4.80 million shares.
Without a clear-cut direction, Campbell Soup is trading around $45.97 and ranging between $45.92 and $46.26.