Mondelez, one of the world’s leading snack manufacturers, whose portfolio includes Oreo cookies and Cadbury chocolates, reported better-than-expected earnings growth in the second quarter, with strong performance across most of its business segments. Get the Full Story Complete the form to unlock this article and...
PayPal second quarter earnings were in yesterday (July 25), and despite the fact that PayPal beat analysts’ expectations on revenue, usership and earnings (and announced that its board had approved $10 billion in buybacks), its stock price still fell sharply in after-hours trading. PayPal’s predictions...
Turns out the online and mobile food ordering business has some hefty tailwinds in place. 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,...
Capital One reported a robust second-quarter performance as the bank had increased spending and lowered losses in its credit card business. Chairman and CEO Richard Fairbank said the company showed strong year-over-year growth in pretax income, driven by revenue growth and significant improvements in provision for...
Domino’s Pizza disappointed Wall Street investors on Thursday (July 19) after the world’s leading pizza chain reported slower-than-expected growth during the second quarter. However, the company announced new investments in supply chain infrastructure and showed positive customer response to its new deliver-everywhere hotspot platform. Get...
After eBay lowered its revenue guidance for the year and provided a lower-than-expected sales forecast for the third quarter, shares of the marketplace fell more than 5 percent in after-hours trading. While analysts had forecasted sales of $2.7 billion and earnings per share (EPS) of...
TheStreet may have been focused on top-line shortfalls, but beyond the headline numbers, American Express (Amex) posted results for the second quarter that showed double-digit percentage growth across a number of key metrics, including card-billed business and the company’s lending business. The headline numbers, then: Total...
Goldman Sach reported a surge in profit during the second quarter that overall exceeded Wall Street estimates, while also announcing that CEO Lloyd Blankfein will — after 12 years — hand over the position to the company’s President and COO David Solomon. When Blankfein retires at the end of...
Netflix added 5.2 million subscribers in the second quarter of 2018, about 1 million below its 6.2 million forecast, a shortfall that spooked investors Monday (July 16), with the company’s stock declining some 14 percent in after-hours trading. Netflix reported the net addition of nearly...
