Earnings

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

Restaurants’ Positive Earnings Could Mask Rough Year Ahead
Restaurants’ Positive Earnings Could Mask Rough Year Ahead
April 23, 2023  |  Restaurant Roundup

When America’s fast-food giants report earnings in the coming days, it should be good news. It also could be the last good news these companies...

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Procter & Gamble’s Price Hikes Hint at Delicate Balancing Act for Consumers
Procter & Gamble’s Price Hikes Hint at Delicate Balancing Act for Consumers
April 21, 2023  |  Earnings

“The U.S. consumer is holding well.” That statement, made by Procter & Gamble CFO Andre Schulten during the company’s most Friday (April 21) earnings call, has...

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P&G Invests in Digital as Consumers Shift CPG Spending Online
P&G Invests in Digital as Consumers Shift CPG Spending Online
April 21, 2023  |  eCommerce

As consumers shift from supermarkets to eCommerce channels, Procter & Gamble is driving digital sales. The consumer packaged goods (CPG) giant shared on a call...

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Millennials Now 30% of Amex Card Volume
Millennials Now 30% of Amex Card Volume
April 20, 2023  |  Credit Cards

Spending is resilient, but it’s slowing. American Express posted first-quarter earnings results that showed some puts and takes, where spending, especially among younger cohorts, was...

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With Used Car Sales Down 21% in Q1, AutoNation Focuses on After-Sale Services
With Used Car Sales Down 21% in Q1, AutoNation Focuses on After-Sale Services
April 20, 2023  |  Economy

Bolstering its service offerings at a time when inventories of new and used vehicles are tight, AutoNation is focusing more on aftermarket tune-ups and tightening...

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Truist and Other Regional Lenders Haven’t Shaken SVB Fallout Effect
Truist and Other Regional Lenders Haven’t Shaken SVB Fallout Effect
April 20, 2023  |  Earnings

The collapse of Silicon Valley Bank (SVB) disproportionately affected regional banks, as its over-the-weekend failure last month spurred a deposit flight to the presumed safety of “too big to...

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Regional Banks Show Card Spending, Digital Growth Steady
Regional Banks Show Card Spending, Digital Growth Steady
April 19, 2023  |  Earnings

Bank earnings continue to roll in. Beyond the biggest players, J.P. Morgan, Citigroup, and others, the regionals and the super-regional banks have shown some resilient...

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Europe’s Neobank Struggles Offer Fertile Ground for Traditional FIs to Gain Share
Europe’s Neobank Struggles Offer Fertile Ground for Traditional FIs to Gain Share
April 19, 2023  |  Banking

The neobanks promised to shake up the world. Especially in Europe. It hasn’t quite worked out that way. As the first quarter of 2023 is...

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Just Eat’s 14% Drop in Orders Suggests Inflation Taking Toll on Delivery
Just Eat’s 14% Drop in Orders Suggests Inflation Taking Toll on Delivery
April 19, 2023  |  Earnings

Just Eat Takeaway.com’s declining orders suggest consumers are making more conservative choices about food spending. The multinational restaurant delivery aggregator saw orders fall by 14% year...

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