Earnings

Earnings
Kimberly-Clark Increases Prices, Predicts Higher Sales for FY22
April 22, 2022

On a day when Kimberly-Clark Corporation announced it is partnering with the Arbor Day Foundation to plant up to 150,000 trees, the company also reported growth of another kind in its quarterly earnings report Friday (April 22). Get the Full Story Complete the form to...

Earnings
Investors Concerned About Consumer Demand Take It out on AutoNation
April 21, 2022

Automobile dealerships in the United States capitalized handsomely on shortages of new and used cars in recent months, but investors appear to be worried demand will back off even as supplies increase, Reuters reported. Get the Full Story Complete the form to unlock this article...

Earnings
Musk Says Tesla at Only 5% of Potential, Sees Full Self-Driving Pilot Scaling This Year
April 21, 2022

For a company whose top-of-the-line car rockets to 60 MPH in under 2 seconds, it would be tempting to make acceleration comparisons between Tesla and its 1,000 horsepower Model S.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Earnings
BofA Digital Biz Hits 53% as Customers Use Zelle More Than Checks
April 18, 2022

Before too long, we might be calling Bank of America a digital bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....

Earnings
Bank of America Profits Drop Less Than Expected
April 18, 2022

Bank of America’s first-quarter profit fell less than anticipated, with a drop in international deal-making offset by robust consumer lending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Earnings
Stripe Reports Strong 2021 Growth, Warns It Won’t Be Repeated
April 15, 2022

Stripe handled more than $640 billion in payments in 2021 — an increase of 60% over the prior year — the two brothers who founded the company noted in an open letter Thursday (April 14) addressed to the “Stripe community.” Get the Full Story Complete...

Earnings
Wells Fargo Posts Declines in Revenue, Home Lending
April 14, 2022

Wells Fargo released its first-quarter earnings report Thursday (April 14), showing a decline in revenue — a 20% drop in profit from last year — and a 33% decline in home lending. Get the Full Story Complete the form to unlock this article and enjoy...

Earnings
Goldman Puts Legacy Lenders on Watch With Plan to Offer Digital Checking Accounts
April 14, 2022

Despite the macro headwinds, the volatility in investment and Wall Street related businesses, Goldman Sachs continues to make headway in its consumer-facing segments — including with Marcus, the online-only bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Earnings
JPMorgan Adds $1B+ to Loan Loss Reserves as Economic Threats Mount
April 13, 2022

Consumer spending is fine. Card volumes are fine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you...