RPM International Inc., Constellation Brands Inc, Lamb Weston Holdings Inc and other stocks published their quarterly earnings. Here's what you need to know.

Markets are mixed with Nasdaq trades at 12,025 after losing 0.52%. S&P 500 slipping 0.26% and closing at 4,094.19.

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.

Though markets were flat, stocks have released their quarterly earnings reports. Take a look.

RPM International | beats expected EPS of 0.3

RPM International Inc. released its quarterly earnings Thursday, beating analysts estimates. The company reported earnings of 0.37 per share on revenue of $1.52 billion, topping estimates of 0.3 per share on revenue of $1.47 billion. Since the release of its earnings report, RPM International Inc. lost 3.49%.

After closing at $81.19 Thursday, RPM International began today at $80.5 with significant bullish sentiment driving RPM International's price action higher. So far today, price action has drawn out a distinct $80.3 to $82.23 range.

Constellation Brands | Extends $2.56 since strong earnings report Thursday

Constellation Brands is down despite the fact that on Thursday the company released its quarterly earnings, beating analysts estimates. The company reported earnings of 1.98 per share on revenue of $2.15 billion, topping estimates of 1.86 per share on revenue of $2 billion.

While bearish sentiment is dominating the market, the beer, wine and spirits producer is maintaining its poise around $224 while ranging between $223.12 and $226.7 so far today.

Having soared to a high of $261.05 approximately 4 months ago, the beer, wine and spirits producer is now trading 13.95% lower. So far this year, it has been under-performing the S&P by 8.14%. The beer, wine and spirits producer's market cap currently stands at $41.33 billion with an average daily trading volume of 1.28 million shares.

Lamb Weston | Retains upward momentum since earnings report Thursday

Lamb Weston is down despite the fact that on Thursday the company released its quarterly earnings, beating analysts estimates. The company reported earnings of 1.43 per share on revenue of $1.25 billion, topping estimates of 0.98 per share on revenue of $1.16 billion.

The Idaho-based food giant slides down from $106.86 to $106.34, losing 51.5 cents (0.48%).