DarioHealth Corp., Oracle, The Toro Company are the ones to read about today.
Markets completed a mixed session yesterday, as Nasdaq gained 0.45% and closed at 11,200. Dow Jones lost 0.28% and ended the session at 31,819.
Pinduoduo and UroGen Pharma Ltd. 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.
Markets are flat and stocks have released their quarterly earnings reports. Here is an update on what to look out for.
DarioHealth: mixed results
DarioHealth Corp. reported earnings results Thursday; with EPS at -0.51, these results are ambiguous when compared to a consensus of -0.6 Earnings Per Share. Since the release of its earnings report, DarioHealth Corp. lost 23.12%.
An influx of sellers pushed the personalized health management firm to end the session lower around $3.79, while establishing a $3.77 to $4.05 session range yesterday.
Having soared to a high of $7.45 approximately 9 months ago, the personalized health management firm is now trading 46.31% lower. The company is currently trading with a market cap of $98 million with an average daily trading volume of 157,554 shares.
Oracle: EPS of 0.96, Revenue of $12.28 billion
Oracle trades at $84.93 after the company released its quarterly results.
After closing at $84.07 on Friday, Oracle maintained a strong bullish bias that helped the stock close higher at $84.93 yesterday. However, market bears ensured the the US tech hardware giant topped out at $85.53 and that by the end of the session, the market had marked out a distinct $82.04 to $85.53 range. Daily trading volume (10.30 million shares) was above the current multiday average of 7 million.
Toro Company: mixed results
Toro Company reported ambiguous earnings results Thursday, with EPS at 0.98 and revenues at $1.15 billion. Since the release of its earnings report, Toro Company lost 3.88%.
The industrial equipment maker has recovered almost all of its session losses after dipping down to $106.79 yesterday. Yesterday's trading volume was 649,756 shares which is slightly under the 21-day average of 940,453.