Earnings

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

Netflix Wants to School Viewers on Ads Experience to Boost Sign-Ups 
Netflix Wants to School Viewers on Ads Experience to Boost Sign-Ups 
October 18, 2023  |  Streaming

When was the last time you willingly signed up for an ads experience? In times of rising costs and inflation, a more affordable ad-based streaming...

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J&J’s Medical Device Sales Feel the Side Effects of Weight-Loss Drugs 
J&J’s Medical Device Sales Feel the Side Effects of Weight-Loss Drugs 
October 17, 2023  |  Healthcare

Riding high, Johnson & Johnson reported pharmaceutical sales worth $13.89 billion on Tuesday (Oct 17), a year-over-year growth exceeding 5%.  The pharmaceuticals driving its growth...

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Goldman Sachs Reports Q3 Earnings of $11.8 Billion
Goldman Sachs Reports Q3 Earnings of $11.8 Billion
October 17, 2023  |  Earnings

Goldman Sachs reported its third-quarter earnings for 2023 on Tuesday (Oct. 17). The company achieved net revenues of $11.8 billion and net earnings of $2.1...

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ACH Network Payment Volume Climbs 20% in Q3
ACH Network Payment Volume Climbs 20% in Q3
October 17, 2023  |  Earnings

ACH Network parent company Nacha says it is reaping the benefit of increased B2B payments. Continued adoption of same-day automated clearing house (ACH) payments and the...

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Bank of America Says Zelle Transactions Climb 27% Year Over Year
Bank of America Says Zelle Transactions Climb 27% Year Over Year
October 17, 2023  |  Banking

Bank of America’s earnings showed a continued surge in P2P volumes, as Zelle transactions climbed double digits, measured year over year. As noted in presentation materials...

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Albertsons Sees Government Benefit Cuts Impact Grocery Spending
Albertsons Sees Government Benefit Cuts Impact Grocery Spending
October 17, 2023  |  Consumer Insights

Albertsons is seeing consumers’ financial pressures, compounded by the reduction of government benefits, take a toll on their grocery budgets. The grocery giant, which has...

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Bank Earnings Continue to Demonstrate Digital Shift Also Includes Branches 
Bank Earnings Continue to Demonstrate Digital Shift Also Includes Branches 
October 17, 2023  |  Earnings

Earnings season is less than a week old. But with some of the largest names in the industry having already reported, the digital shift and...

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Citi: Spending Decelerates as Consumers Grow More Cautious
Citi: Spending Decelerates as Consumers Grow More Cautious
October 13, 2023  |  Earnings

Consumer spending is still growing but slowing, especially among those with lower FICO scores, Citi reported Friday (Oct. 13). “The growth in spending is decelerating...

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Wells Fargo Expects Continued Slowing of the Economy 
Wells Fargo Expects Continued Slowing of the Economy 
October 13, 2023  |  Earnings

Wells Fargo saw net charge-offs increase, loan demand decrease and average deposits decline during the third quarter.  At the same time, consumer spending remained strong, the...

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