Centrais Elétricas Brasileiras S.A. – Eletrobrás, Catalent Inc, Campbell Soup Co and other stocks published their quarterly earnings. Here's what you need to know.
Markets are mixed with Dow Jones trades at 34,061 after losing 0.44%. Nasdaq up to 13,600, gaining 0.15%.
FedEx Corp & Centrais Elétricas Brasileiras S.A. – Eletrobrás due to release their earnings reports within the following week.
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.
Centrais Electricas Brasileiras gains 3.3% ahead of the quarterly earnings report set for Monday
The company trades at $8.14 ahead of quarterly performance report which is scheduled to be released Monday.
After ending yesterday at $7.88, Centrais Electricas Brasileiras is currently trading at $8.14.
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 10.14%.
After dipping down to $42.15 today, the drug manufacturer is recovering but is not yet all the way back to $43.85.
While bearish sentiment is dominating the market, the defensive consumer stock is maintaining its poise around $46.05 while ranging between $45.9 and $46.3 so far today.
The US video game and gaming merchandise retailer slides down from $26.95 to $25.93, losing $1 (3.78%).