Earnings

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

Top News In Payments: Mastercard Unveils Bill Pay Exchange; Amex Card Spending Drives Q3 Revenue

Top News In Payments: Mastercard Unveils Bill Pay Exchange; Amex Card Spending Drives Q3 Revenue
Top News In Payments: Mastercard Unveils Bill Pay Exchange; Amex Card Spending Drives Q3 Revenue
October 21, 2019  |  News

In today’s payments news, Mastercard is rolling out Mastercard Bill Pay Exchange with the help of several new partners. Also, card member spending, among other...

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American Express Rides Higher Spending To Q3 Revenue Win
American Express Rides Higher Spending To Q3 Revenue Win
October 21, 2019  |  Earnings

Card member spending, higher-net interest income and card fees combined to produce an 11 percent year-over-year revenue gain for the Global Consumer Services Group of...

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WeWork Woes, AI Views And Gig Economy Pay Top Week’s News
WeWork Woes, AI Views And Gig Economy Pay Top Week’s News
October 18, 2019  |  News

Happy weekend! You might have missed some vital payments and commerce news this busy week, but the PYMNTS Weekender has you covered. We have deep...

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SunTrust Beats Revenue Forecast Ahead Of BB&T Merger
SunTrust Beats Revenue Forecast Ahead Of BB&T Merger
October 17, 2019  |  Earnings

SunTrust Banks Inc. reported results on Thursday (Oct. 17) that surpassed revenue expectations but fell in line with analysts’ earnings estimates for the third quarter. Get...

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Ahead Of Suntrust Merger, BB&T Sees Strong Loan Growth, Credit Quality
Ahead Of Suntrust Merger, BB&T Sees Strong Loan Growth, Credit Quality
October 17, 2019  |  Earnings

BB&T Corp., ahead of its planned buy of SunTrust banks, posted results that beat expectations and showed a slight decrease in non-performing assets. Get the...

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Netflix Earnings Soar, But Subscribers Slip As New Streaming Players Spin Up
Netflix Earnings Soar, But Subscribers Slip As New Streaming Players Spin Up
October 16, 2019  |  Earnings

Netflix’s results were somewhat mixed when the streaming giant released its earnings figures Wednesday afternoon (Oct. 16), the market’s response to them was not. Shares...

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Bank of America Sees 76 Pct Boost In Q3 Zelle Payments
Bank of America Sees 76 Pct Boost In Q3 Zelle Payments
October 16, 2019  |  Earnings

Zelle P2P payments increased 76 percent year-over-year (YoY) in the third quarter of 2019, Bank of America said on Wednesday (Oct. 16), signaling the latest burst of...

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Retail Sales Slump Raises Questions About Consumer Spending
Retail Sales Slump Raises Questions About Consumer Spending
October 16, 2019  |  Economy

One of the laws of physics, loosely phrased, is that an object in motion stays in motion, on its path, until outside forces act to...

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