5 earnings reports come into view among stocks as markets rise

Centrais Elétricas Brasileiras S.A. – Eletrobrás, Canopy Growth Corporation, Accenture plc Class A (Ireland) are the ones to read about today.

Markets are up as Nasdaq up 0.19%, trading at 13,518. S&P 500 goes up 0.11%, trading at 4,353.

The earnings season is coming to an end and Centrais Elétricas Brasileiras S.A. – Eletrobrás and Carnival Corporation & plc 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: fails to meet forecast

Centrais Elétricas Brasileiras S.A. – Eletrobrás reported earnings of 0.32 per share and revenue at $9.21 billion.

Centrais Electricas Brasileiras is down to $8.18, after ending Friday at $8.32. Overall, a 1.68% loss or 14 cents today.

Centrais Electricas Brasileiras hit a significant low of $5.75 around 3 months ago, but has since recovered 44.7%. So far this year, it has been under-performing the Nasdaq by 8.58%. Currently, the hydroelectric power generation company has a market capitalization of $18.87 billion with an average daily trading volume of 1.53 million shares.

Canopy Growth: mixed results

Canopy Growth reported inconclusive earnings results Thursday, with revenue at $98.15 million, compared to a consensus of $73.19 million. Since the publication of its earnings report, Canopy Growth has declined 10.92%.

After closing the previous trading day at 51.75 cents, Canopy Growth is up to 53.43 cents, which makes for a move of 3.25%/1.68 cents today.

The Canadian cannabis supplier reached a significant high of $4.32 around 6 months ago but has lost 88% since then. So far this year, it has been doing worse than the Nasdaq by 100.62%. The Canadian cannabis supplier's market cap currently stands at $313.43 million with an average daily volume of 12.55 million shares.

Accenture (Class A): mixed results

Accenture (Class A) reported inconclusive earnings results Thursday, with revenue at $16.56 billion, compared to a consensus of $16.56 billion. Since the release of its earnings report, Accenture (Class A) lost 4.69%.

Accenture (Class A) trades at $298.52, after ending Friday at $298.43.

Darden Restaurants: EPS of 2.24, Revenue of $2.77 billion

Darden Restaurants trades at $161.35 after the company released its quarterly results.

Darden Restaurants trades at $161.35, after ending Friday at $161.3.