Restructuring efforts continue at MoneyGram, and — amid a tougher compliance environment — the company missed Wall Street expectations as sales declined. However, bright spots included a continued embrace of digital capabilities, as online transactions grew 37 percent.
The data deluge continues, and the earnings roundup this week has some positives — such as in Fiserv’s gains ahead of a tie-up with First Data — and negatives, as GrubHub failed to impress investors. But beyond the stock market swings, metrics matter. See below...
Expedia saw its shares get a boost after its forecast profit was ahead of analysts’ expectations. 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...
Western Union shares took a slight dip in after-hours trading yesterday (Feb. 7) when its Q4 earnings met analyst expectations on adjusted earnings per share (EPS), but came in slightly below estimates on revenue. Revenue hiccup aside, however, Western Union CEO Hikmet Ersek remained positive and forward-focused on the...
If bad days are measured by declines in stock market prices, then yesterday (Feb. 7) was a really bad day for Grubhub. It was the day that the online food aggregator announced its earnings, with misses on both revenue and earnings predictions, topped off by guidance...
Fiserv's Q4 results were in line with a preliminary announcement, including 6 percent payments growth. As the deal with First Data sinks in and becomes an operational reality, and as banking mega-mergers dominate the headlines, Fiserv CEO Jeff Yabuki told investors that the digitization of...
Delivery, kiosks and other digital efforts are taking more prominent roles at Yum! Brands, moves that serve as a good reflection of overall trends in the quick service restaurant (QSR) space. Yum operates the Pizza Hut, Taco Bell and KFC chains, and the company’s fourth-quarter...
Amid a push to make its restaurants more accessible to customers with digital technology, Chipotle Mexican Grill reported better-than-expected earnings results for the fourth quarter. The quick-service restaurant (QSR) chain reported sales of $1.23 billion and earnings of $1.72 a share compared with analysts’ estimates...
Fuel and commercial payments company FLEETCOR published its Q4 2018 earnings data on Wednesday (Feb. 6). Chairman and Chief Executive Officer Ron Clarke is pleased with the results. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
