Capital One Financial said on Tuesday (Jan. 26) that, in its fourth quarter, consumer credit metrics improved as consumers continued to pay down debt. In terms of headline numbers, the company said that revenues were down 1 percent to $7.3 billion, which beat expectations of...
Johnson & Johnson reported on Tuesday (Jan. 26) as part of its financial results that reported sales grew by 8.3 percent from Q4 2019 to Q4 2020, as consumer health and pharmaceutical sales rose while medical devices worldwide operational sales fell amid the pandemic. Get...
American Express reported results that showed the impact of reserve releases of credit loss provisions as the macro environment improved amid the pandemic. Delinquency rates are at some of the lowest levels seen in the past few years, according to the latest results — but...
Apple is expected to post its first quarterly revenue that tops $100 billion, according to the Financial Times on Tuesday (Jan. 26), citing Wall Street analysts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
To get a glimpse of the state of spending, one needs only to look at the card networks, the gross dollar volumes and cross-border activity to get a sense of where debit and credit are picking up, and where travel is recovering – and where...
Despite the ongoing challenges of the pandemic as well as the costs of what has been dubbed “the first large bank merger of the digital age,” Truist Financial announced Thursday (Jan. 21) it had delivered a 20 percent increase in its fourth quarter earnings. Get the...
United Airlines reported that Q4 2020 operating revenue plunged by 69 percent from Q4 2019 as the pandemic continued to challenge the aviation industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Pointing to increased demand for premium products and continued lifestyle changes from the coronavirus, Procter & Gamble reported an 8 percent increase in total revenues Wednesday, led by a 50 percent increase in its online sales. In announcing its fiscal second-quarter results, the Cincinnati-based consumer...
Netflix announced Tuesday (Jan. 19) as part of its fourth quarter earnings that it topped 200 million paid memberships in Q4, with 8.5 million paid net additions during that time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
