Earnings

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...

Earnings
Nestlé Perks Up With High At-Home Coffee Sales Growth
April 22, 2021

While many businesses are in a period of flux, as some newly vaccinated consumers begin to lay the foundation for their new normal and other still-vulnerable consumers stay at home, few face as uncertain a landscape as international brands with both at-home and away-from-home products....

Earnings
Credit Suisse Posts $275 Million Loss After Taking Hit Over Hedge Fund
April 22, 2021

While Credit Suisse Group AG posted a 31 percent year-over-year rise in net revenues for Q1 2021, the Swiss bank generated a loss for the period after absorbing a number of items that had a “considerable impact” on its reported results, according to management. Get...

Earnings
Equifax Logs 20 Pct Q1 Growth In Core, Non-Mortgage Business 
April 22, 2021

Equifax posted its first-quarter results on Wednesday (April 21) that showed continued outperformance measured against its key markets, such as mortgages and workforce solutions geared toward managing payroll, tax and verification activities. Get the Full Story Complete the form to unlock this article and enjoy...

Earnings
Chipotle’s Digital Growth Slows, Though Online Sales Remain High
April 21, 2021

Chipotle Mexican Grill’s digital sales continue to soar, even as the first wave of newly vaccinated consumers begin to return for in-restaurant dining. The company announced Wednesday (April 21) that digital sales increased 134 percent year over year for the quarter ending March 31, 2021....

Earnings
Netflix Hits 208 Million Paid Memberships As Growth Slows  
April 20, 2021

Netflix announced Tuesday (April 20) as part of its financial results that it closed out the first quarter of 2021 with 208 million paid memberships, which was 2 million short of the firm’s guidance forecast of 210 million paid memberships. Get the Full Story Complete...

Earnings
P&G Sees Net Sales Increase In Q3, eCommerce Up 50 Percent
April 20, 2021

The pandemic is over at P&G, and the digital shift seems to be intact. The company announced on Tuesday (April 20) that net sales for the third quarter of FY2021 were up 5 percent year over year to $18.1 billion, led by 9 percent net...