Earnings

Earnings
Apple Earnings: Five Things To Expect, From Cards To 5G
April 27, 2021

Going into its next earnings report on Wednesday (April 28), Apple faces great expectations from market watchers and analysts, who are increasingly leaning toward forecasting another blowout result. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Earnings
SMBs Fuel 22 Pct Increase In UPS Quarterly Domestic Revenues
April 27, 2021

UPS reported its domestic revenues were up 22.3 percent for the first quarter, driven by growth from small and medium-sized businesses (SMBs). In a Tuesday (April 27) press release, UPS added that its Q1 consolidated revenue was $22.9 billion, marking a 27 percent increase over the...

Earnings
JetBlue Sees Step-Up In Demand For Leisure Travel Amid Pandemic Recovery
April 27, 2021

JetBlue Airways Corporation reported that its first quarter 2021 revenue was down 61 percent from the first quarter of 2019 because of the pandemic’s impact. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Earnings
Fiserv Grows eCommerce Payments Sector; Debuts QR Codes With PayPal
April 27, 2021

Fiserv is all-in on the digital-first economy. The company reported first-quarter results Tuesday (April 27) that showed resiliency in eCommerce and a major announcement on the use of QR codes as it aligns with new payments technology. Get the Full Story Complete the form to...

Earnings
Bitcoin Purchases Reduce Tesla’s Cash And Cash Equivalents In Q1
April 26, 2021

Tesla reported that quarter-end cash and cash equivalents fell to $17.1 billion in the first quarter of 2021, fueled partly by a net cash outflow of $1.2 billion in bitcoin purchases, according to an investor presentation. Get the Full Story Complete the form to unlock...

Earnings
Albertsons Refines Digital Focus Amid Rapid eCommerce Growth
April 26, 2021

One might expect that, by December, the vast majority of consumers who were going to adopt digital grocery shopping tools to mitigate their COVID-19 contagion concerns would have already done so. Grocery giant Albertsons Companies, however, was able to continue growing digital sales through the...

Earnings
Facebook’s Payments Plans In Spotlight During Earnings Week
April 26, 2021

All eyes are on Facebook this week, as the social media giant will report its Q1 earnings on Wednesday (April 28), facing questions as to whether it can keep up the barnstorming growth spurt it logged in 2020. Facebook will be one of the many...

Earnings
Visa, Mastercard Earnings To Anticipate Credit Rebound And Contactless Surge  
April 26, 2021

The big banks have reported – and now come the payment networks (and, by extension, the cards). This week, the earnings deluge continues, where a number of payments-focused companies will report their first-quarter results, giving insight into where consumers have been spending – and where...

Earnings
Verizon, AT&T Announce Earnings Amid 5G Battle
April 22, 2021

Both AT&T and Verizon released Q1 earnings this week, and even though both reported financial success, the earnings calls highlighted a difference between the two telecom giants in consideration of their 5G rollouts. Get the Full Story Complete the form to unlock this article and...