Earnings

Earnings
Alphabet 3Q Earnings Will Focus On Advertising, The Cloud And US Antitrust Lawsuit
October 27, 2020

With all the “sturm und drang” surrounding Google and the antitrust lawsuit the U.S. Justice Department brought earlier this month, it’s easy to overlook the fact that parent company Alphabet is reporting third-quarter earnings on Thursday (Oct. 29). Alphabet’s earnings report will offer a look...

Earnings
JetBlue Reports $6.1M Average Daily Cash Burn For Q3
October 27, 2020

JetBlue reported on Tuesday (Oct. 27) an average daily cash burn of $6.1 million in Q3, which was better than a range of $7 to $9 million anticipated in late July. The airline anticipates a range of $4 million to $6 million for average daily...

Earnings
Facebook’s Q3 Earnings Will Reflect Pandemic, Politics and Payments
October 26, 2020

Investors will get a glimpse inside the increasingly complex world of the biggest social-media platform on Thursday (Oct. 29) when Facebook posts its third-quarter results after the market close. It’s a quarter that has seen Facebook benefit from increased use due to more people working...

Earnings
Hasbro Posts 4 Pct Decline In 3Q Revenue Due To Movie, TV Delays
October 26, 2020

In the battle of the toymakers, Ken-and-Barbie-maker Mattel is kicking sand in the face of larger rival Hasbro as demand for games and toys surge amid the coronavirus crisis. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Earnings
SAP Results Cloud The Business Tech Spend Recovery
October 26, 2020

Clouds ahead for cloud services? 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 agree to receive...

Earnings
SAP Sees Q3 Revenue Decline As Corporates Delay Projects
October 25, 2020

Software giant SAP on Sunday (Oct. 25) reported total revenue was down 4 percent to 6.54 billion euros ($7.7 billion) for the quarter that ended Sept. 30. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Earnings
American Express: Rebound In (Non-T&E) Consumer Spend — Online Retail Up 20 Pct
October 23, 2020

American Express posted Q3 results Friday (Oct. 23) that showed a rebound in spending across consumer and commercial segments from lows seen in the spring amid the pandemic’s heights. The firm especially saw gains in non-travel and expense card-not-present activity related to categories such as...

Earnings
American Express Posts Mixed Q3 Earnings
October 23, 2020

American Express reported third-quarter earnings of $1.30 a share, missing Wall Street estimates of $1.34, but revenue beat forecasts of $8.66 billion, coming in at $8.75 billion.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Earnings
Increasing D2C Sales Keep Coca-Cola’s Earnings From Going Fully Flat
October 23, 2020

With restaurant attendance down, movie theaters mostly closed and consumer enthusiasm for events outside their living rooms at a historic low point, Coca-Cola once again reported depressed revenue with its Q3 earnings. But an uptick in direct-to-consumer (D2C) sales for home use counteracted some of...