Earnings

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

Visa, Mastercard Earnings May Spotlight Contactless Payments Momentum
Visa, Mastercard Earnings May Spotlight Contactless Payments Momentum
October 23, 2023  |  Earnings

The payment networks will give insight into consumer spending — and resilience — when they report earnings this week. But they’ll also give indications of...

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Netflix Leverages Fan Enthusiasm to Sidestep Gaming’s Subscriber Acquisition Challenges
Netflix Leverages Fan Enthusiasm to Sidestep Gaming’s Subscriber Acquisition Challenges
October 20, 2023  |  Subscriptions

Netflix is taking advantage of its subscribers’ strong affinity for many of its films and series to create an audience for its incipient gaming business...

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Paytm Shrinks Losses as Loan Business Surges 64%
Paytm Shrinks Losses as Loan Business Surges 64%
October 20, 2023  |  Earnings

Indian mobile commerce and payments FinTech Paytm is seeing its expansion into new areas pay off. The company on Friday (Oct. 20) released quarterly earnings showing its revenues grow,...

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American Express Earnings Show Travel and Entertainment Spending Climbs 13%
American Express Earnings Show Travel and Entertainment Spending Climbs 13%
October 20, 2023  |  Earnings

The latest results from American Express show consumers are continuing to spend on leisure activities — and are using their cards to so. The company...

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Truist: 60% of Transactions Are Now Digital
Truist: 60% of Transactions Are Now Digital
October 19, 2023  |  Earnings

Truist says it is seeing a jump in digital engagement as it continues its cost-cutting measures. Speaking during an earnings call Thursday (Oct. 19) CEO Bill Rogers said the regional...

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Nestlé Says Grocery Shoppers Have Burned Through COVID Savings
Nestlé Says Grocery Shoppers Have Burned Through COVID Savings
October 19, 2023  |  Earnings

With consumers’ grocery budgets continuing to be pressured, Nestlé is seeing the post-vaccine boost finally taper off, years after the initial rollout. The global food...

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Discover Expects Charge-Offs to Peak in Mid-2024
Discover Expects Charge-Offs to Peak in Mid-2024
October 19, 2023  |  Earnings

As 2023 winds down, Discover is eyeing 2024 and its increasing charge-off rate. “So what we’ve said previously is we expect charge-offs to peak sometime around the...

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Grubhub Orders Fall off as Competitors Gain Ground
Grubhub Orders Fall off as Competitors Gain Ground
October 19, 2023  |  Aggregators

Grubhub is taking a hit amid ongoing financial challenges, even as competitors continue their growth.   The aggregator’s owner, Just Eat Takeaway, shared in its third quarter 2023...

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P&G Says 6% Sales Increase Underpins Consumer Spending Resilience Amid Inflation
P&G Says 6% Sales Increase Underpins Consumer Spending Resilience Amid Inflation
October 18, 2023  |  Earnings

Procter & Gamble (P&G), the consumer goods giant known for brands like Tide detergent and Pampers diapers, announced first quarter fiscal year 2024 results on...

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