Earnings

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

PayPal and Block Results Show Small Business Lending Activity Tightening
PayPal and Block Results Show Small Business Lending Activity Tightening
November 03, 2023  |  Earnings

Earnings season, moving into its final few weeks, may seemingly be dominated by headlines about consumer spending. But dig a bit deeper, and details emerge...

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Maersk Cuts Another 3,500 Jobs Amid Shipping Industry’s ‘New Normal’
Maersk Cuts Another 3,500 Jobs Amid Shipping Industry’s ‘New Normal’
November 03, 2023  |  Shipping

Maersk is eliminating another 3,500 positions after having reduced its headcount by 6,500 throughout the year. The Copenhagen-based shipping company announced this move while reporting its...

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Coinbase CEO Says Blockchain and Crypto Are Redefining Payments
Coinbase CEO Says Blockchain and Crypto Are Redefining Payments
November 02, 2023  |  Earnings

Coinbase, a leading cryptocurrency exchange, recently discussed the role of payments in the crypto industry and its plans for the future in the company’s earnings...

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Carvana Reports Expense Reduction and Efficiency Improvement in Uncertain Environment
Carvana Reports Expense Reduction and Efficiency Improvement in Uncertain Environment
November 02, 2023  |  Earnings

Carvana made progress in reducing expenses and improving efficiency during the third quarter, leading to record third-quarter levels of adjusted EBITDA and gross profit per unit...

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Expedia Group Reports Record Revenue Amid Solid Travel Demand
Expedia Group Reports Record Revenue Amid Solid Travel Demand
November 02, 2023  |  Earnings

Expedia Group reported record revenue in the third quarter amid solid travel demand. While travel demand in North America and Europe remained stable, the Asia-Pacific and...

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Peloton Still Can’t Convince Subscribers to Pay 
Peloton Still Can’t Convince Subscribers to Pay 
November 02, 2023  |  Subscriptions

As Peloton has been exploring various strategies in its quest to regain the success it achieved during the pandemic, the story of the brand has...

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Apple Paid Subscriptions Top 1 Billion, Doubling in Three Years  
Apple Paid Subscriptions Top 1 Billion, Doubling in Three Years  
November 02, 2023  |  Apple

Apple’s services notched double-digit revenue growth in the quarter, and management pointed to continued consumer enthusiasm for content, subscriptions and payments.  CEO Tim Cook noted...

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Block Wants to Win With AI, Merchant Verticals and Banking 
Block Wants to Win With AI, Merchant Verticals and Banking 
November 02, 2023  |  Earnings

The return of Jack Dorsey to Square has been good news for its parent, Block. As PYMNTS reported, former Square CEO Alyssa Henry departed the company last month on Oct. 2,...

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Wendy’s Sees $1.8 Billion Full-Year Digital Opportunity Amid Loyalty Growth
Wendy’s Sees $1.8 Billion Full-Year Digital Opportunity Amid Loyalty Growth
November 02, 2023  |  Earnings

Wendy’s is tapping loyalty offers and late-night delivery hours to drive digital engagement and in turn to boost sales overall. The quick-service restaurant (QSR) giant,...

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