Earnings

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

American Airlines Marks Record Quarter Amid Corporate Travel Snapback
American Airlines Marks Record Quarter Amid Corporate Travel Snapback
April 25, 2024  |  Earnings

Business travel is on a steady ascent, aligning with the resurgence observed in the leisure travel sector over the past three years.  On Thursday (April...

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Wyndham Expects Consumer Confidence to Fuel Summer Travel
Wyndham Expects Consumer Confidence to Fuel Summer Travel
April 25, 2024  |  Travel Payments

Wyndham Hotels & Resorts is developing a record-high number of rooms amid its anticipation of a healthy summer season. The hotel chain released earnings Thursday...

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Adyen Reports Digital Transactions Rise 51% as Enterprises Increase Volume
Adyen Reports Digital Transactions Rise 51% as Enterprises Increase Volume
April 25, 2024  |  Earnings

Dutch payments firm Adyen saw its digital processed volume leap 51% year over year during the first three months of 2024. This happened during a...

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Meta’s AI Spending Plans Leave Investors Unnerved
Meta’s AI Spending Plans Leave Investors Unnerved
April 25, 2024  |  Meta

Wall Street investors are reportedly uneasy about Meta’s multi-billion-dollar artificial intelligence (AI) plans. The company’s stock fell 15% in early trading Thursday (April 25), Bloomberg News reported,...

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First Citizens Reports Strong Liquidity a Year After SVB Purchase
First Citizens Reports Strong Liquidity a Year After SVB Purchase
April 25, 2024  |  Earnings

Showing its ability to navigate challenging economic conditions and make progress in integrating its purchase of Silicon Valley Bank, Raleigh-based First Citizens BancShares posted a...

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Chipotle Says Value Keeps Customers Coming Back Despite Rising Prices
Chipotle Says Value Keeps Customers Coming Back Despite Rising Prices
April 24, 2024  |  Earnings

Higher prices at Chipotle haven’t kept customers from visiting and spending at the fast-casual restaurant. They’re doing so because of value, executives said during the company’s quarterly...

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Western Union’s Digital Transactions Surge 13%
Western Union’s Digital Transactions Surge 13%
April 24, 2024  |  Earnings

Western Union’s first quarter results took note of continued shifts to digital channels to send money across borders. Branded digital transactions grew by 13% year...

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Meta Earnings Announcement Goes Big on AI
Meta Earnings Announcement Goes Big on AI
April 24, 2024  |  Meta

If anyone had any doubts about Meta’s long-term commitment to artificial intelligence (AI), they were erased in the first minute of the company’s earnings call on Wednesday (April...

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Parents Are Buying Their Kids Experiences, Not Toys
Parents Are Buying Their Kids Experiences, Not Toys
April 24, 2024  |  Retail

Toy and game companies are seeing sales declines, as parents opt to spend on making memories for their children rather than on new products for...

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