Earnings

Earnings
Nordstrom Bucks The Trend And Sees Sales Grow In Q2
August 11, 2017

It looks like there will be some joy in retail’s Mudville after all, as Nordsrtom managed to bring in earnings that beat most of the analysts’ expectations.  The store’s stock was up 3 percent in after hours trading post-release, thus freeing it from the retail...

Earnings
Macy’s Beats, But No End To Negative Comps In Sight
August 11, 2017

Yes, Macy's earnings were better than the Street expected, but expectations were hardly a high bar.  The sales declines continue, the guidance was soft, and yet, there were a few, okay, very very few bright spots, if you took the time to look Backstage...

Earnings
Wayfair Beats Earnings Expectations – Again
August 09, 2017

In the eCommerce landscape, conventional wisdom tends to the idea that Amazon’s gravity in digital commerce is so overpowering that it is all but impossible for any entity smaller than Walmart to ever meaningfully compete against them. And a lot of experts have their doubts...

Earnings
Green Dot Q2 Sees Organic Growth, Active Card Count Up
August 09, 2017

Green Dot Corp released earnings on Tuesday that topped analyst expectations, with 55 cents a share reported, versus estimates of 40 cents a share, as organic growth and card counts both showed momentum in the period. Top line was $222.5 million versus the Street at...

Earnings
Lending Club Beats The Street And Raises Its Outlook
August 08, 2017

After what can best and only be described as a rough run for the last year or so for the team at Lending Club, things appear to have picked up some as of the marketplace lender’s latest quarterly earnings report. The firm logged the second-highest...

Earnings
First Data 2Q Top Line Beats Street On SMB Momentum
August 08, 2017

In its latest earnings report, First Data topped Wall Street estimates on the top line. CEO Frank Bisignano pointed to momentum in the North American SMB customer base, while stating that acquisitions are tracking to plan and Clover is seeing, well, green fields ahead.

Earnings
PayPal And The Rewards Of Non-GAAP Accounting
August 07, 2017

When it comes to earnings, a bit of accounting can make all the difference. The way Wall Street looks at earnings, and the way the average person might count earnings, though, are two different things. Let’s take the second scenario — what an individual might...

Earnings
Western Union Shares Rise On Earnings Report
August 04, 2017

Western Union stocks are trading up this morning going into the market opening as investors liked what they saw in the firm’s Q2 earnings report. For the three months ending in June, Western Union notched revenue of $1.4 billion and earnings per share of $.35...

Earnings
Corporate Banking Boosts BNP Paribas’ Q2 Performance
July 31, 2017

Top French bank BNP Paribas didn’t lose as much money as analysts predicted. Reports Friday (July 28) said the bank posted a smaller drop in Q2 net income than was initially expected, with cut costs and boosted revenue helping quarterly earnings when BNP Paribas released...