Earnings

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

Upstart Plunges as Rising Interest Rates Crush Loan Demand
Upstart Plunges as Rising Interest Rates Crush Loan Demand
November 09, 2022  |  Loans

Shares of AI-lending platform Upstart plunged more than 20% Tuesday (Nov 8) evening after the company said rising interest rates and a slowing economy saw...

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Affirm Volumes Soar but Stock Dives as Delinquencies Inch Higher
Affirm Volumes Soar but Stock Dives as Delinquencies Inch Higher
November 08, 2022  |  Buy Now Pay Later

The buy now, pay later (BNPL) engine may still be firing on most cylinders, but judging by the 15% drubbing Affirm’s stock took after hours...

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Disney Looks to ’24 for Profits from Streaming Service
Disney Looks to ’24 for Profits from Streaming Service
November 08, 2022  |  Streaming

Disney+ has boosted its number of paid subscribers by 20% in the United States and Canada and by 57% internationally over the last year, The...

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GoodRx Turns to Data to Rebuild Customer Base
GoodRx Turns to Data to Rebuild Customer Base
November 08, 2022  |  Healthcare

Pharmaceutical price-shopping platform GoodRx is looking to leverage its user data in a bid to drive engagement. On a call with analysts Tuesday (Nov. 8)...

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CarGurus Slammed By Falling Used Car Demand and Prices
CarGurus Slammed By Falling Used Car Demand and Prices
November 08, 2022  |  Earnings

Drops in both demand and unit prices in the used car market contributed to unexpected weakness in CarGurus’ latest results, executives said Tuesday (Nov. 8)...

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Used Vehicle Platform Vroom Targets Profitability Over Growth
Used Vehicle Platform Vroom Targets Profitability Over Growth
November 08, 2022  |  eCommerce

Used vehicle eCommerce platform Vroom is making progress on its goal of achieving profitability and liquidity ahead of growth, company executives said Tuesday (Nov. 8)...

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Online Car Platforms’ Skid Proves Digital Shifts Are No Sure Bet
Online Car Platforms’ Skid Proves Digital Shifts Are No Sure Bet
November 08, 2022  |  eCommerce

The rubber meets the road for the online car platforms. Amid Carvana’s disastrous stock plunge and disappointing earnings — and Vroom’s numbers from Tuesday (Nov....

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Party City Says Halloween Sales at ‘Lower End of Expectations’
Party City Says Halloween Sales at ‘Lower End of Expectations’
November 08, 2022  |  Retail

Consumers purchased Halloween decorations at a lukewarm rate in October and retailer Party City expects that to continue for the rest of the year.  For...

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Planet Fitness Sees Record Membership With Gen Z’s Help
Planet Fitness Sees Record Membership With Gen Z’s Help
November 08, 2022  |  Retail

There was a time before the pandemic when Generation Z was the smallest portion of Planet Fitness’ membership base. Now, this group is among the...

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