Earnings

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

Maersk Sees ‘Dark Clouds’ on World Shipping Horizon
Maersk Sees ‘Dark Clouds’ on World Shipping Horizon
November 02, 2022  |  Shipping

While reporting record revenue Wednesday (Nov. 2), global shipping giant Maersk nonetheless warned of “dark clouds” facing its industry. These clouds come in the form...

READ MORE >
Mondelēz Says Premium Brands Like Oreo, Ritz, Cadbury Will Avoid Consumer Trade-Down
Mondelēz Says Premium Brands Like Oreo, Ritz, Cadbury Will Avoid Consumer Trade-Down
November 01, 2022  |  Consumer Insights

Snack and candy giant Mondelēz International says its portfolio of premium food and beverage (F&B) brands will be protected from the worst of the trade-down...

READ MORE >
Uber Says 70% of New Drivers Signed Up to Beat Inflation
Uber Says 70% of New Drivers Signed Up to Beat Inflation
November 01, 2022  |  Earnings

As Uber reported its third-quarter earnings, CEO Dara Khosrowshahi had a pointed stat that spoke volumes about the gig economy in general and the mobility/delivery...

READ MORE >
SoFi Logs $5B in Deposits as CEO Reports Swiping Share From Banks
SoFi Logs $5B in Deposits as CEO Reports Swiping Share From Banks
November 01, 2022  |  Earnings

“We’re winning share in deposits … and we’re taking it from the traditional banks,” SoFi CEO Anthony Noto said on a Tuesday (Nov. 1) earnings call....

READ MORE >
Simon Property CEO Says Brick-and-Mortar Is Strong as eCommerce Is Flatlining
Simon Property CEO Says Brick-and-Mortar Is Strong as eCommerce Is Flatlining
November 01, 2022  |  Retail

In his inimitable style, the billionaire CEO of the nation’s largest mall owner had a blunt message for investors Tuesday (Nov. 1) saying that Simon...

READ MORE >
Uber’s Ability to Cross-Sell and Hire New Drivers Will Be Key Q3 Test
Uber’s Ability to Cross-Sell and Hire New Drivers Will Be Key Q3 Test
October 31, 2022  |  Earnings

Beyond the rebound in revenues, beyond the bounce back in Uber’s core ride-hailing business, we’ll get a sense of just extensible the platform model really...

READ MORE >
Rising Card Delinquencies Fuel Demand for Debt Consolidation Loans
Rising Card Delinquencies Fuel Demand for Debt Consolidation Loans
October 31, 2022  |  Earnings

In navigating the credit cycle, in getting ready for what comes next, prudence is the best policy. Not just for the lenders — for the...

READ MORE >
Snap Jumps 30% Leading CE100’s 4% Gain
Snap Jumps 30% Leading CE100’s 4% Gain
October 31, 2022  |  Connected Economy

Despite a few fizzles, post-earnings relief rallies drove a spate of double-digit percentage point swings and dominated the ConnectedEconomy 100 Index’s performance over the past...

READ MORE >
Big Tech Q3 Revenue Takes Hit Amid Rising Data Center Energy Cost in Europe
Big Tech Q3 Revenue Takes Hit Amid Rising Data Center Energy Cost in Europe
October 30, 2022  |  Big Tech

In the week that Amazon, Alphabet, Meta, Microsoft and other Silicon Valley Big Tech firms announced their third quarter (Q3) earnings, the general picture reflected...

READ MORE >