Baker Hughes Co, Nasdaq Inc, Snap Inc. and other stocks published their quarterly earnings. Here's what you need to know.

Markets don't have a clear cut direction — Dow Jones drawing back 0.21% to 33,900. Nasdaq holds at 12,165.

STMicroelectronics N.V. and Credit Suisse Group AG 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.

Baker Hughes: mixed results

Baker Hughes Co reported mixed earnings results today, with EPS at 0.15 (compared to a consensus of 0.26 Earnings Per Share) and revenue of $5.72 billion.

From an earlier low of $29.76, the oil field service company is on track to end the session around $30.75 after gaining $1.25 compared to last trading session's $29.5 (4.22%).

Nasdaq Inc: EPS of 0.66, Revenue of $1.53 billion

Nasdaq Inc trades at $57.53 after the company released its quarterly results.

After ending yesterday at $55.61, the US-based stock exchange went up to $57.53 only to drop back some of the way. It is now trading around $57.53 as it reaches the end of the trading session. The trading volume is at 3.93 million, 139% above the 21-day average of 2.83 million.

Snap: mixed results

Snap reported mixed earnings results today, with revenue at $1.30 billion (expected at $1 billion) and an EPS of -0.22.

The US camera and social media company closed yesterday at $11.04. Today, it went up to $11.4 only to drop back, but is still positive overall — trading around $11.16.

The US social media platform is now trading 67.17% below the significant high of $33.63 it set around a year ago. So far this year, it has performed better than the Nasdaq by 10.22%. The US camera and social media company's market cap currently stands at $17.65 billion with an average daily volume of 22.79 million shares.

Qualtrics International trades around $17.93 ahead of quarterly performance report to be released tomorrow

Qualtrics International is scheduled to announce earnings results tomorrow. The consensus EPS estimate is -0.38 and the consensus revenue estimate is $392.91 million.

A mostly flat day so far as the experience management company remains range-bound between $17.93 and $17.96. Going into the end of today's trading session, Qualtrics International is trading around $17.93.

The experience management company now trading 67.82% above its 3-month low of $9.65. The Nasdaq has been doing worse in 2022, it has been passing it by 61.7%. Currently, the software company has a market capitalization of $10.86 billion with an average daily trading volume of 4.51 million shares.