4 earnings reports come into view among stocks as markets rise

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 pointing up — Dow Jones goes up 1.14%, trading at 34,366. S&P 500 up 0.95%, trading at 4,414.34.

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. 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.

Centrais Electricas Brasileiras gains 1.48% ahead of the quarterly earnings report set for Monday

Centrais Elétricas Brasileiras S.A. – Eletrobrás trades at $8.23 ahead of quarterly performance report which is scheduled to be released Monday.

After ending yesterday at $8.11, Centrais Electricas Brasileiras is currently trading at $8.23.

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 12.08%.

Despite closing yesterday at $42.09 and then climbing as high as $43.94 today, Catalent has given up a sizeable portion of its gains to now trade at $43.5.

Marginally higher but lacking a clear-cut direction, Campbell Soup is trading at $46.25 after ranging between $45.92 and $46.26 today.

The US video game and gaming merchandise retailer slides down from $25.7 to $24.93, losing 77.01 cents (3%).