Even though CVS Health had fewer customers buying products in the front of its brick-and-mortar stores, the pharmacy retailer posted better-than-expected second-quarter earnings. The company reported adjusted earnings-per-share of $1.69 and revenues of $46.7 billion compared to analysts’ estimates of $1.61 and $46.4 billion respectively,...
It’s been a good week for marketplace lenders on The Street. After OnDeck announced that it had notched better-than-expected earnings and loan volume, LendingClub followed suit with with a report that saw the firm beating Wall Street’s estimates for earnings and new originations. That growth came...
The backlash to the Snapchat redesign continued to depress user figures in the second quarter of 2018. But Snap Inc. still beat analyst expectations and earnings in its latest financial report on Tuesday (Aug. 7), boosting the company’s share price by as much as 11...
OnDeck Capital reported second quarter results that showed continued growth in loan originations and improved credit quality metrics. Management stated on a conference call with analysts that the gains in those areas – which in turn boosted top and bottom lines that exceeded Wall Street...
After Etsy increased its revenue guidance for the year and reported stronger-than-expected revenues, shares of the crafts marketplace rose more than 8 percent in after-hours trading on Monday (August 6). Etsy upped its revenue guidance from the $582 million-$591 million range to the $587 million-$596...
Despite posting a second-quarter adjusted loss of about $200 million, Social Finance Inc. (SoFi) says it should be profitable again by the end of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
More tacos in Peru and a new distribution center in Alberta — recent comments from the executives who run Taco Bell, Tim Hortons, Domino’s and other brands signal not only upcoming international expansion for quick-service restaurants (QSRs), but more spending for supply chain endeavors. Get the...
Groupon reported a wider-than-expected loss during the second quarter, as it continued its efforts to restructure its core voucher-based business model and expand its international business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Money transfer giant MoneyGram beat expectations on the bottom line but missed on the top, as new compliance standards put in place by the company proved a headwind to revenues. Yet management maintained efforts to shore up defenses against fraud as money moved far-flung distances...
