The 4 stocks who published earnings prior to markets tumbling

UnitedHealth, Delta Air Lines, Inc., Fastenal Co and other stocks published their quarterly earnings. Here's what you need to know.

The leading indices are dropping — Dow Jones trades at 33,856 after losing 0.51%. Nasdaq drawing back 0.49% to 12,100.

What is an earnings report?

An earnings report is an official statement of a company's profitability over a certain period of time. These reports are typically announced once a quarter, and their timing is considered when making predictions about the market due to the large impact they have on it.

Markets are down, stocks have released their quarterly earnings reports. Have a look at this rundown.

UnitedHealth: EPS of zero, Revenue of $91.93 billion

UnitedHealth trades at $513.37 after the company released its quarterly results.

Tough session sees the healthcare services provider shedding 2.44% in early trade

Delta Air Lines: EPS of zero, Revenue of $12.76 billion

Following the release of quarterly results, Delta Air Lines trades at $33.65.

After closing at $33.37 yesterday, Delta Air Lines began today at $33.71 with significant bullish sentiment driving Delta Air Lines's price action higher. So far today, price action has drawn out a distinct $33.02 to $34 range.

Fastenal: EPS of zero, Revenue of $1.86 billion

Following the release of quarterly results, Fastenal trades at $53.09.

Although Fastenal increased from $52.34 to $53.9, the stock dropped back and is now priced at $53.09. Current trading volume stands at 3.56 million; 100% slightly greater than the 21-day average of 3.50 million.

Carmax: EPS of zero, Revenue of $5.72 billion

Carmax trades at $69.21 after the company released its quarterly results.

After ending yesterday at $69, the used car dealer recovers back to $69.21 after dipping down to $68.49 earlier today.

7 months ago the used car dealer reached a significant high of $104.22 but has consequently lost 33.78% since then. The S&P 500 has been doing worse in 2022, it has been passing it by 6.03%. Carmax has a market cap of $10.94 billion with an average daily volume of 3.19 million shares.