Markets are calm following 3 stocks releasing earnings

Published: November 25 2022, 16:10 GMT+0

Markets are calm following 3 stocks releasing earnings

Oshkosh Corporation, Royal Gold, Inc., Royal Gold, Inc. are the ones to read about today.

Markets are mixed with Dow Jones up 0.52%, trading at 34,372. Nasdaq drawing back 0.24% to 11,258.

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.

Oshkosh Corporation: EPS of one, Revenue of $2 billion

Oshkosh Corporation trades at $93.16 after the company released its quarterly results.

While Oshkosh Corporation is on a 5 day bullish trend, today's session might suggest a slow down — without a clear-cut direction, Oshkosh Corporation is trading around $93.16 and ranging between $92.44 and $93.71.

Having set a significant high of $124.5 a month ago, the US industrial truck company is trading 32.18% lower. So far in 2022, it has been outperforming the Nasdaq by 21.8%. Oshkosh Corporation has a market cap of $6 billion with an average daily trading volume of 393,967 shares.

Royal Gold: EPS of 0.71, Revenue of $131.43 million

Following the release of quarterly results, Royal Gold trades at $108.33.

While Royal Gold is in the midst of a 5 day up trend bucking the trend and turning lower, Royal Gold is down to $108.33, after ending Wednesday at $110.1. Overall, a 1.61% loss or $1.77 today.

After hitting an important low of $86.46 approximately a month ago, the precious metals company has bounced back 27.34% since. The company has a market cap of $7.11 billion with an average daily volume of 440,542 shares.

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