Earnings

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

Synchrony Earnings Show Consumer Momentum, Concern Over Late Fee Rules
Synchrony Earnings Show Consumer Momentum, Concern Over Late Fee Rules
April 24, 2024  |  Earnings

Synchrony Financial reported its Q1 earnings Wednesday (April 24), showing broad-based growth throughout its lending and credit platforms, continued momentum in consumer spending and some...

READ MORE >
Earnings Season Commentary Points to Pressures for Lower-Income Consumers
Earnings Season Commentary Points to Pressures for Lower-Income Consumers
April 24, 2024  |  Consumer Finance

Earnings season is less than two weeks old. By and large, the data and the press releases indicate that consumers are still spending, on experiences...

READ MORE >
Enova Reports Record Lending Volume Driven by Jobs, Consumer Spending
Enova Reports Record Lending Volume Driven by Jobs, Consumer Spending
April 23, 2024  |  Earnings

Online lender Enova International reported growing lending volume and solid credit performance for the first quarter. During the quarter ended March 31, Enova’s combined loans and finance...

READ MORE >
Tesla Calls Itself an AI, Robotics Company as Profits Plunge 55% 
Tesla Calls Itself an AI, Robotics Company as Profits Plunge 55% 
April 23, 2024  |  Earnings

There was nothing electric about electric vehicle (EV) maker Tesla’s latest financial results. The company reported its first quarter 2024 earnings results Tuesday (April 23), disclosing...

READ MORE >
Visa CEO: ‘Long Runway’ Ahead as Digital Payments, Credentials Displace Cash and Checks 
Visa CEO: ‘Long Runway’ Ahead as Digital Payments, Credentials Displace Cash and Checks 
April 23, 2024  |  VISA

Visa is seeing continued momentum in Tap to Pay and digital credential issuance, as consumers continue to spend on their debit and credit cards. CEO...

READ MORE >
Spotify Dubs 2024 ‘Year of Monetization’ as Subscribers Surge 14% in Q1
Spotify Dubs 2024 ‘Year of Monetization’ as Subscribers Surge 14% in Q1
April 23, 2024  |  Earnings

Spotify is tuned in to upbeat earnings outcomes, marking a robust beginning to its designated “year of monetization” after a standout performance in 2023 characterized...

READ MORE >
JetBlue Scales Back Routes in ‘Urgent’ Effort to Restore Profitability
JetBlue Scales Back Routes in ‘Urgent’ Effort to Restore Profitability
April 23, 2024  |  Earnings

JetBlue is removing and scaling back routes as it tries to regain profitability. The air carrier on Tuesday (April 23) released earnings that showed the company reducing its...

READ MORE >
Pepsi: Snack, Soda Consumer Resiliency Drives Growth
Pepsi: Snack, Soda Consumer Resiliency Drives Growth
April 23, 2024  |  Earnings

PepsiCo is crediting its quarterly growth to resilient consumer behavior, especially on an international scale.  The soda and snack food giant on Tuesday (April 23) released...

READ MORE >
UPS Looks to Returns, Big-and-Bulky Deliveries to Boost Shipping Volumes
UPS Looks to Returns, Big-and-Bulky Deliveries to Boost Shipping Volumes
April 23, 2024  |  Earnings

UPS is looking to returns and big-and-bulky deliveries to expand its addressable market at a time when its shipping volumes have been decreasing.  The company...

READ MORE >