Acuity Brands, Inc., MSC Industrial Direct Co., Inc., Science Applications International Corporation and other stocks published their quarterly earnings, check out this rundown of reports and how they turned out.
Markets are mixed with Nasdaq drawing back 1.34% to 11,964. S&P 500 trades at 4,082.26 after losing 0.45%.
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.
Though markets were flat, stocks have released their quarterly earnings reports. Take a look.
Acuity Brands: mixed results
Acuity Brands, Inc. reported inconclusive earnings results yesterday, with revenue at $943.6 million, compared to a consensus of $958.98 million. Since the publication of its earnings report, Acuity Brands, Inc. has declined 12.73%.
The lighting company slides down from $163.13 to $160, losing $3.13 (1.92%).
MSC | Retains upward momentum since earnings report yesterday
MSC released its quarterly earnings report yesterday, beating analysts estimates. The company reported earnings of 1.45 per share on revenue of $961.63 million, topping estimates of 1.35 per share on revenue of $934 million. Since the release of its earnings report, MSC gained 0.28%.
The industrial supplies specialist trades at $84.62 today, after closing yesterday at $83.64 and gaining 98 cents (1.17%). The trading volume is at 370,972, 105% above the 21-day average of 353,720.
Science Applications International Corporation | Extends 11.5 cents since strong earnings report Monday
Science Applications International Corporation released its quarterly earnings report Monday, beating analysts estimates. The company reported earnings of 2.04 per share on revenue of $1.97 billion, topping estimates of 1.63 per share on revenue of $1.85 billion. Since the release of its earnings report, Science Applications International Corporation gained 0.11%.
Science Applications International Corporation is rallying again to $107.58 (up 13.5 cents), after erasing earlier gains.
DarioHealth is up to $3.9 today after closing yesterday at $3.85. Overall, a 1.17% move or 4.5 cents today.
Approximately 9 months ago, the personalized health management firm reached a significant high of $7.45 but has struggled to hold onto its gains and declined 48.32% since then. DarioHealth has a market cap of $100.77 million with an average daily trading volume of 190,606 shares.