Earnings

Earnings
Amex Q2 Earnings Preview: Higher Revenue, New User Growth Expected
July 18, 2019

American Express is expected to report higher earnings and revenue than estimated in their second-quarter report, which will publish on Friday (July 19) at 7:30 a.m. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Earnings
EBay’s Active Buyer Count Rises 4 Pct In Q2, Pushes Earnings
July 17, 2019

Even with slow revenue growth, eBay has raised its profit outlook as it enjoys the benefit of having more buyers. At the same time, the company has been pushed to roll out new buyer and seller features and shift its image from its auction site...

Earnings
Bank of America Q2 Saw $18B In Zelle Payments
July 17, 2019

Zelle P2P payments increased 79 percent year-over-year (YoY)  in the second quarter of 2019, Bank of America said Wednesday (July 17), signaling the latest burst of growth for that payment method. During that quarter, consumers made 69 million payments worth $18 billion via Zelle. Get...

Earnings
Capital One Q2 Earnings Preview: Increased Spending, Decline In Revenue Expected
July 17, 2019

Financial experts are predicting Capital One’s second-quarter earnings will fall below expectations, despite their moderate success in the first quarter. 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
Q2 Results: Goldman Makes ‘Very Substantial’ Investments In Digital Platforms, New Businesses
July 16, 2019

With “very substantial” investments to create digital platforms as well as new businesses, and its equity market-making business delivering its second-highest quarter in four years, Goldman Sachs posted second-quarter results Tuesday (July 16) that exceeded the expectations of Wall Street on top-line revenues and earnings...

Earnings
Rising Interest Rates Affect Wells Fargo’s Bottom Line
July 16, 2019

Despite a reputation battered by scandal over the last two years and interest rates steadily climbing, Wells Fargo reported growth on both its top and bottom lines as it released its Q2 earnings earlier Tuesday (July 16). Profit was up 19 percent to $6.2 billion,...

Earnings
Domino’s To Launch GPS Tracking, Falls Short In US Same-Store Sales Growth
July 16, 2019

As it contended with third-party delivery aggregators and lower-than-expected domestic same-store sales growth, Domino’s topped Wall Street’s earnings estimates yet fell short on its top-line results. The quick-service restaurant (QSR) chain reported revenues of $811.6 million and earnings per share of $2.19 for the second...

Earnings
JPMorgan Results Show Active Mobile Customers Up 12 Pct YoY
July 16, 2019

JPMorgan posted second-quarter earnings on Tuesday (July 16) that showed strength in consumer-facing operations and double-digit gains in mobile customers, reflecting continued traction across digital banking efforts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Earnings
Content Expected To Be Key To Netflix Q2 Earnings
July 16, 2019

Netflix is once again expected to beat earnings estimates this quarter, despite the rise of streaming competitors and the upcoming loss of popular TV shows “The Office” and “Friends.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...