Earnings

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

Citigroup Watches Spending; Sees Digital Engagement Rising
Citigroup Watches Spending; Sees Digital Engagement Rising
April 12, 2024  |  Earnings

Citigroup’s latest results took note of continued spending on credit cards but there were some notes of caution in the mix. The earnings materials detailed...

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Wells Fargo Sees Brighter Days for US Consumer Spending
Wells Fargo Sees Brighter Days for US Consumer Spending
April 12, 2024  |  Earnings

The opening week of first-quarter earnings season was billed as a referendum on the state of the U.S. economy, specifically consumer spending. While Wells Fargo didn’t post...

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JPMorgan Card Chargeoffs Rise as Dimon Warns on Inflation
JPMorgan Card Chargeoffs Rise as Dimon Warns on Inflation
April 12, 2024  |  Earnings

Consumers are still spending, but JPMorgan CEO Jamie Dimon, in remarks accompanying the banking giant’s latest earnings Friday (April 12), detailed concerns over inflation’s impact. And...

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CarMax Deploys Tech to Gain Efficiency in Challenging Used-Car Market
CarMax Deploys Tech to Gain Efficiency in Challenging Used-Car Market
April 11, 2024  |  Retail

CarMax is deploying tech solutions to boost efficiency as it continues to deal with a tough environment for buying and selling used cars. “Fiscal 2024 was...

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Consumers Demand Deals on Big-Ticket Items Amid Economic Uncertainty
Consumers Demand Deals on Big-Ticket Items Amid Economic Uncertainty
April 11, 2024  |  Retail

With ongoing financial challenges constraining shoppers’ purchasing power, furniture companies’ recent earnings reports show that consumers may not be willing to buy, say, a new...

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Rent the Runway Drives Loyalty Boost With AI Search Upgrades
Rent the Runway Drives Loyalty Boost With AI Search Upgrades
April 10, 2024  |  eCommerce

As consumers demand more frictionless experiences from their eCommerce merchants, Rent the Runway is seeing its digital rethink drive higher retention. The company shared in a presentation...

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Delta Reports Business Travel Up 14% YOY
Delta Reports Business Travel Up 14% YOY
April 10, 2024  |  Travel Payments

Delta Air Lines has seen growing demand for both leisure and business travel. That’s according to company executives, who also announced that Delta delivered record revenue...

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Just in Time for Summer: Apparel and Dining Out Get More Expensive
Just in Time for Summer: Apparel and Dining Out Get More Expensive
April 10, 2024  |  Economy

We’re all booking trips. But what we’re able to spend once we get away from it all … well, that remains to be seen. Delta...

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Bank Earnings May Highlight Volatile Consumer Spending
Bank Earnings May Highlight Volatile Consumer Spending
April 09, 2024  |  Earnings

Friday marks the beginning of earnings season. And, as is always the case, every three months, the big banks will give a glimpse into the...

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