Earnings

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

As Goldman Retreats From Retail, Consumer Loan Charge-Offs Hit 5.8%
As Goldman Retreats From Retail, Consumer Loan Charge-Offs Hit 5.8%
July 19, 2023  |  Earnings

Goldman Sachs’ retreat from Main Street banking continues — and the second quarter results showed the lingering impact. While Wall Street may be parsing the...

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Carvana’s Inventory Down 50% YOY as It Aligns With Sales Volumes
Carvana’s Inventory Down 50% YOY as It Aligns With Sales Volumes
July 19, 2023  |  Earnings

Used car retailer Carvana is putting some miles between itself and the post-pandemic cratering of used car sales with what it sees as smoother pricing...

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Bank of America: Digital Adoption Has Reached 83% of Customer Households
Bank of America: Digital Adoption Has Reached 83% of Customer Households
July 18, 2023  |  Earnings

Bank of America’s latest results show an increasing adoption of digital channels by customers to get their banking done. The presentation materials from the company...

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Regional Banks Face ‘Challenging’ Outlook as Deposits Dwindle
Regional Banks Face ‘Challenging’ Outlook as Deposits Dwindle
July 17, 2023  |  Banking

Regional banks are set to report earnings this week, and the news may not be good. As Bloomberg News noted in a report Monday, some of these...

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CE 100 Index Gains 4.7% as Affirm Soars and Banks Post Earnings  
CE 100 Index Gains 4.7% as Affirm Soars and Banks Post Earnings  
July 17, 2023  |  Connected Economy

For the CE 100 Index, the week was a rollicking one to the upside. All pillars gained ground as the Index itself surged 4.7%.  The...

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Bank Earnings Paint Picture of Resilient Consumers
Bank Earnings Paint Picture of Resilient Consumers
July 14, 2023  |  Banking

Data tells a tale just as much as management commentary on analyst calls during earnings season. To that end, a slew of earnings materials from...

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UnitedHealth Sees Data-Wrapped Decisioning Drive Growth
UnitedHealth Sees Data-Wrapped Decisioning Drive Growth
July 14, 2023  |  Healthcare

There are few environments more data-rich than the healthcare landscape. There are also few ecosystems as fragmented and siloed in their processes. That’s what makes...

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Citigroup Sees 11% Jump in Revenue From US Personal Banking
Citigroup Sees 11% Jump in Revenue From US Personal Banking
July 14, 2023  |  Earnings

Citigroup has reported an 11% jump in revenue from United States personal banking in the second quarter of the year. Customers are borrowing more and the...

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JPMorgan: Consumers ‘Want Rather Than Need’ Credit as Card Sales Volumes Up 8%
JPMorgan: Consumers ‘Want Rather Than Need’ Credit as Card Sales Volumes Up 8%
July 14, 2023  |  Earnings

JPMorgan’s most recent results underscore the continuance of recent trends — namely, the consumer continues to spend, and credit is a payment method strategically deployed...

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