Earnings

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

Hershey Steps up in-Store Marketing as Consumers Expect Deals
Hershey Steps up in-Store Marketing as Consumers Expect Deals
April 27, 2023  |  Earnings

Grocery shoppers’ deal-seeking behavior is requiring brands to step up their promotional efforts, according to Hershey. The snack and confectionery giant shared in a Q&A...

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Hasbro Sees Revenues Drop 14%, Works to Clear Inventory
Hasbro Sees Revenues Drop 14%, Works to Clear Inventory
April 27, 2023  |  Retail

Hasbro is finding that demand for toys is down, while digital gaming remains strong. Overall, the branded entertainment company saw revenues decline 14% year over...

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eBay Doubles Down on Luxury Sector Despite Cudoni Shutdown 
eBay Doubles Down on Luxury Sector Despite Cudoni Shutdown 
April 27, 2023  |  Earnings

Cudoni, a luxury resale platform backed by eBay, announced its shutdown earlier this week, citing the economic climate as the reason for its unfeasible operations....

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Meta Says Generative AI and the Metaverse Will Evolve Together
Meta Says Generative AI and the Metaverse Will Evolve Together
April 26, 2023  |  Earnings

While its Reality Labs unit continues hemorrhaging money, Meta is far from giving up on the metaverse, even as it pursues other less visionary projects...

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LendingClub Grew Deposits by $826 Million After SVB Collapse
LendingClub Grew Deposits by $826 Million After SVB Collapse
April 26, 2023  |  Earnings

The collapse of Silicon Valley Bank (SVB) roiled the U.S. financial system last month. San Francisco-based LendingClub, a FinTech lender that became a direct-to-consumer (DTC)...

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Visa Earnings Shine a Spotlight on the Continuing Transformation of B2B Payments
Visa Earnings Shine a Spotlight on the Continuing Transformation of B2B Payments
April 26, 2023  |  B2B Payments

Trillions of dollars in B2B payments flow across borders, winding their way across currencies, across time zones, and country-by-country rules and regulations. Along the way,...

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Microsoft Points to a ‘Generational Shift’ In Web Search Triggered By OpenAI
Microsoft Points to a ‘Generational Shift’ In Web Search Triggered By OpenAI
April 25, 2023  |  Earnings

Generative AI is having transformational impacts on Microsoft, which is infusing its entire product suite from Dynamics 365 to Azure to Teams and beyond with...

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Visa CEO: Tokenized Credentials Grew 90% From Year Ago Levels 
Visa CEO: Tokenized Credentials Grew 90% From Year Ago Levels 
April 25, 2023  |  Earnings

Visa’s fiscal second quarter shows that new payment flows and B2B loom large, but plenty of room remains to capture the share of consumer payments...

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Fiserv Results Show Clover Revenue Surge of 22% 
Fiserv Results Show Clover Revenue Surge of 22% 
April 25, 2023  |  Earnings

Fiserv’s organic revenue growth shows that despite slowing consumer spending and volatility within banking, the appetite for faster money movement and digital engagement remains undiminished. ...

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