Earnings

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

NCR’s Planned Business Split in Full Swing Despite Declines in Sales
NCR’s Planned Business Split in Full Swing Despite Declines in Sales
August 03, 2023  |  Earnings

The planned separation by NCR into two publicly traded companies — one focused on online commerce, and the other centered around ATMs — is in full swing, senior company executives told investors and...

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Hasbro to Sell Film and TV Business for $500 Million
Hasbro to Sell Film and TV Business for $500 Million
August 03, 2023  |  Earnings

Hasbro is selling its film and TV business to re-center on toys and games. The company reached a definitive agreement to sell the film and...

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MercadoLibre Eyes Digitizing Mexico’s Cash Economy Amid Record Growth
MercadoLibre Eyes Digitizing Mexico’s Cash Economy Amid Record Growth
August 03, 2023  |  Earnings

Latin American eCommerce platform MercadoLibre highlighted record growth in the second quarter of 2023, driven primarily by sales growth and cost efficiencies. Net revenue grew 57.2% year...

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Are Main Street Businesses Starting to Crack?
Are Main Street Businesses Starting to Crack?
August 03, 2023  |  Earnings

Earnings season, as always, offers up data points for Wall Street to parse — net income per share, buybacks and top-line growth. The companies forging...

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Kellogg Sees Inflation-Concerned Consumers Sticking to the Basics
Kellogg Sees Inflation-Concerned Consumers Sticking to the Basics
August 03, 2023  |  Consumer Insights

As ongoing food inflation continues to impact consumers’ behavior, Kellogg is seeing changes not in which brands shoppers are purchasing but in how much they...

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Shopify Sees 17% Growth After Dumping Logistics Arm
Shopify Sees 17% Growth After Dumping Logistics Arm
August 03, 2023  |  eCommerce

What happens after a breakup? One would hope that you shed the dead weight and find yourself again.   After offloading its logistic arm and conducting...

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Gig Worker Platform Upwork Sees 2% Upswing in Client Company Spend
Gig Worker Platform Upwork Sees 2% Upswing in Client Company Spend
August 03, 2023  |  Earnings

Freelancer marketplace Upwork said it saw its client companies using the platform more, with a 2% increase year over year in gross service volume (GSV)...

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Global Travel Propels MGM Resorts’ Q2 Revenue
Global Travel Propels MGM Resorts’ Q2 Revenue
August 02, 2023  |  Earnings

MGM Resorts reported Wednesday (Aug. 2) a second-quarter revenue of $3.94 billion, representing a 21% year-over-year increase. The company also beat Wall Street’s consensus estimate...

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Simon Property Banks on Strong Tenant Demand, Increasing Occupancy
Simon Property Banks on Strong Tenant Demand, Increasing Occupancy
August 02, 2023  |  Earnings

Simon Property Group (SPG), the largest mall owner and developer in the U.S., posted strong second quarter (Q2) results on Wednesday (Aug. 2) amid headwinds...

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