Earnings

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

FinTech IPO Index Gives Up 6.4% as Platforms Plummet Ahead of Earnings 
FinTech IPO Index Gives Up 6.4% as Platforms Plummet Ahead of Earnings 
April 19, 2024  |  IPO

If there was a theme marking the past five days of trading, after the big banks reported earnings, and as the digital lenders that populate...

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Netflix Subscriber Base And Revenue Spike in Q1
Netflix Subscriber Base And Revenue Spike in Q1
April 18, 2024  |  Earnings

The storyline is playing out nicely for Netflix. The streaming company reported its latest earnings on Thursday (April 18), with Wall Street keeping a close eye...

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Equifax Says 85% of Its New Models Built With AI
Equifax Says 85% of Its New Models Built With AI
April 18, 2024  |  artificial intelligence

Consumer credit bureau Equifax said artificial intelligence (AI) is playing an increasing role in its operations.  In announcing the company’s quarterly earnings Thursday (April 18), management noted that...

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CEO Says KeyBank Is ‘Back to Playing Offense’
CEO Says KeyBank Is ‘Back to Playing Offense’
April 18, 2024  |  Earnings

Liquidity continues to dominate Q1 earnings season for banking. Saying his company can finally “play offense,” Cleveland-based KeyBank CEO Chris Gorman presented a solid balance...

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Discover Financial: Inflation Is Pressuring Lower Income Consumers
Discover Financial: Inflation Is Pressuring Lower Income Consumers
April 18, 2024  |  Earnings

The $35 billion deal for Capital One to buy Discover Financial Services remains on track. And in a truncated first-quarter earnings call — where the...

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United Airlines Reports Higher Travel Volumes, Expects Record Summer
United Airlines Reports Higher Travel Volumes, Expects Record Summer
April 17, 2024  |  Earnings

United Airlines increased both its capacity and the amount of passenger travel during the quarter ended March 31. The airline also expects to see another...

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Grubhub’s Campus Business Grows as Order Volumes Fall
Grubhub’s Campus Business Grows as Order Volumes Fall
April 17, 2024  |  Earnings

College students aside, fewer Americans are ordering their meals from Grubhub. The food delivery platform’s parent company, Dutch firm Just Eat Takeaway, reported earnings Wednesday (April 17)...

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US Bancorp Card Net Charge-Off Rate Hits 4.2%
US Bancorp Card Net Charge-Off Rate Hits 4.2%
April 17, 2024  |  Earnings

U.S. Bancorp said in its latest earnings report that consumers are continuing to boost their credit card loans – and though charge-offs have increased, credit...

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US Bancorp Interest Income Dips as Customer Caution Continues
US Bancorp Interest Income Dips as Customer Caution Continues
April 17, 2024  |  Banking

U.S. Bancorp is forecasting a decline in net interest income for this year.  In announcing its earnings Wednesday (April 17), the lender said it anticipates net...

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