Earnings

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

Goldman Consumer Banking Revenues Grow 25% as Loss Reserves Surge 497%
Goldman Consumer Banking Revenues Grow 25% as Loss Reserves Surge 497%
July 18, 2022  |  Earnings

Goldman’s march to Main Street juggernaut continues — macro headwinds or not. The white-shoe Wall Street behemoth has been broadening its appeal to retail banking...

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BoA Reports 30% Jump in Virtual Assistant Usage
BoA Reports 30% Jump in Virtual Assistant Usage
July 18, 2022  |  Earnings

Americans are getting to know Bank of America’s Erica. BoA said in its second-quarter earnings report Monday (July 18) that customer usage of Erica —...

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Prologis Marks ‘Unprecedented’ Rise in Rental Growth
Prologis Marks ‘Unprecedented’ Rise in Rental Growth
July 18, 2022  |  Earnings

COVID-19 helped fuel strong demand for warehousing space, the world’s largest logistics and warehousing landlord said Monday (July 18). “The pandemic drove record demand for...

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Sezzle’s 56% Plunge Leads CE100 Slump as Earnings Season Begins
Sezzle’s 56% Plunge Leads CE100 Slump as Earnings Season Begins
July 18, 2022  |  Connected Economy

The Connected Economy 100 (CE100™) Index continued its dip, and one wonders if earnings season will offer any respite. For the week, the group was...

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Bank Earnings Show Great Digital, Mobile Shift Is Unstoppable
Bank Earnings Show Great Digital, Mobile Shift Is Unstoppable
July 15, 2022  |  Earnings

The bank earnings continue to roll in. And amid the commentary on the state of the consumer, on the impact of white-hot inflation, on deposits...

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Ericsson CEO: Extended Reality, APIs Will Drive 5G Growth ‘For Years’
Ericsson CEO: Extended Reality, APIs Will Drive 5G Growth ‘For Years’
July 15, 2022  |  Earnings

Extended reality (XR) and application programming interfaces (APIs) will be among the uses driving demand for 5G infrastructure and capacity for years to come, Ericsson...

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Today in the Connected Economy: JPMorgan’s Forecast Uncertain
Today in the Connected Economy: JPMorgan’s Forecast Uncertain
July 14, 2022  |  Connected Economy

Today in the connected economy, J.P. Morgan Chase reserves $428 million in additional funds to cover bad loans while posting a 28% drop in profits....

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JPMorgan Says US Consumer in ‘Great Shape’ but Macro Is Deteriorating
JPMorgan Says US Consumer in ‘Great Shape’ but Macro Is Deteriorating
July 14, 2022  |  Earnings

Reports of the death of consumer spending are greatly exaggerated — at least from the point of view of the nation’s largest lender, J.P. Morgan...

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Fast Retailing Raises Annual Earnings Expectations After Record Q3 Showing
Fast Retailing Raises Annual Earnings Expectations After Record Q3 Showing
July 14, 2022  |  Retail

Uniqlo parent company Fast Retailing is joining others in the fast fashion world by raising prices on fleece items at a time when shoppers are...

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