RPM International Inc., Constellation Brands Inc, Lamb Weston Holdings Inc and other stocks have published their quarterly earnings.

Markets are mixed with Nasdaq slipping 0.27% and closing at 12,056. Dow Jones up to 33,538, gaining 0.16%.

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

The company 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 2.94%.

After ending Thursday at $81.19, RPM International ascended as high as $82.23 before meeting resistance. Undeterred, RPM International posted a fresh rally late in the trading session targeting $81.85.

Constellation Brands | Retains upward momentum since earnings report Thursday

Constellation Brands released its quarterly earnings report Thursday, 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. Since the release of its earnings report, Constellation Brands gained 1.18%.

While bearish sentiment is dominating the market, the beer, wine and spirit maker is maintaining its poise around $224.06 while ranging between $223.12 and $226.7 so far today.

Lamb Weston | Extends $2.35 since strong 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.

After dipping as low as $105.97, the Idaho-based food giant is recovering ground lost since the previous session close ($106.86); currently trading at $106.52.

Levi Strauss & Co | Positive surprise Thursday

Levi Strauss & Co released its quarterly earnings Thursday, beating analysts estimates. The company reported earnings of 0.34 per share on revenue of $1.69 billion, topping estimates of 0.32 per share on revenue of $1.62 billion. Since the release of its earnings report, Levi Strauss & Co lost 13.34%.

The US clothing company trades at $15.62 today, after closing Thursday at $15.14 and gaining 48.5 cents (3.2%).

Approximately 7 months ago, the global jeans brand reached a significant high of $20.23 but has struggled to hold onto its gains and declined 25.16% since then. So far this year, it has been under-performing the Nasdaq by 16.77%. The US clothing company's market cap currently stands at $6.19 billion with an average daily trading volume of 3.16 million shares.