Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

Netflix Adds 8 Million Subscribers, Touts Advertising Revenue 
Netflix Adds 8 Million Subscribers, Touts Advertising Revenue 
July 18, 2024  |  Streaming

Netflix released its second-quarter earnings on Thursday (July 18), emphasizing its ongoing foray into the advertising realm initiated in late 2022. The streaming giant posted...

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Equifax: Adoption of Cloud, AI Technologies Drive Company’s ‘Next Chapter’
Equifax: Adoption of Cloud, AI Technologies Drive Company’s ‘Next Chapter’
July 18, 2024  |  Earnings

Equifax expects its transition to cloud and artificial intelligence (AI) technology to deliver cost savings and drive innovation in 2024 and beyond. The global data,...

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Domino’s Loyalty Refresh Doubles Members’ Pickup Orders Amid Consumer Hesitance
Domino’s Loyalty Refresh Doubles Members’ Pickup Orders Amid Consumer Hesitance
July 18, 2024  |  Loyalty & Rewards

As consumers cut back their overall spending, Domino’s has been able to get its loyalty members to buy more by offering more effective rewards. On...

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United Airlines Hits Record High in Second-Quarter Passenger Volume
United Airlines Hits Record High in Second-Quarter Passenger Volume
July 18, 2024  |  Earnings

United Airlines set a record as it carried 44.4 million passengers — the highest for any second quarter in its history, the company said Thursday...

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Commerce Bancshares Reports 3% YOY Growth in Loan Balances
Commerce Bancshares Reports 3% YOY Growth in Loan Balances
July 18, 2024  |  Earnings

Commerce Bancshares saw its net income increase 9% year over year, driven in part by expanding net interest margin. For the quarter ended June 30,...

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Discover Financial Sees Card Spending Decline as Consumers Remain ‘Cautious’
Discover Financial Sees Card Spending Decline as Consumers Remain ‘Cautious’
July 18, 2024  |  Earnings

Discover Financial Services reported second-quarter results that indicated consumers are turning to debit transactions, while the company’s card sales slipped year on year. CFO John...

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J&J MedTech Navigates Headwinds, Eyes Growth Surge in Second Half of 2024
J&J MedTech Navigates Headwinds, Eyes Growth Surge in Second Half of 2024
July 17, 2024  |  Healthcare

Johnson & Johnson’s (J&J) MedTech arm displayed resilience in its second quarter, navigating inflationary headwinds while prioritizing innovation. The unit, a key driver for J&J,...

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Ally Reports Net Charge-Offs Rise Due to High-Priced Cars
Ally Reports Net Charge-Offs Rise Due to High-Priced Cars
July 17, 2024  |  Earnings

Ally Financial reported Wednesday (July 17) that its net charge-offs (NCOs) in the second quarter rose in comparison to the same quarter a year earlier,...

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US Bancorp: Credit Card Volumes Surge, Loan Delinquencies Stabilize
US Bancorp: Credit Card Volumes Surge, Loan Delinquencies Stabilize
July 17, 2024  |  Earnings

Bank earnings continue to show credit remains a key payments choice. U.S. Bancorp’s earnings, released Wednesday (July 17) indicated that within the company’s payment services...

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