Earnings

Earnings
Netflix Earnings Show (Inevitable) Subscriber Slowdown
October 20, 2020

For Netflix, growth — yes, it’s there — but not pandemic-level-stuck-at home growth. 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, PYMNTS Today....

Earnings
P&G’s Personal Cleansing Segment Sees 30+ Pct Growth Amid Pandemic
October 20, 2020

The Procter & Gamble Company reported on Tuesday (Oct. 20) that organic sales in its beauty segment rose 7 percent compared to a year prior, with personal cleansing growing more than 30 percent worldwide for Q1 fiscal year 2021, according to an announcement. Get the...

Earnings
Bank of America, Citi, Wells Earnings Point To Uptick In Consumer Card Spend
October 15, 2020

Call it silver linings — maybe not yet green shoots. But bank earnings are showing that loan loss reserves were more conservative than needed (at least for now) and that in some cases, consumer spending and card activity might be emerging from the most recent...

Earnings
United Airlines Achieves $21M Target Average Daily Cash Burn Amid Pandemic
October 15, 2020

United Airlines reported Thursday (Oct. 15) that it achieved a $21 million target average daily cash burn as well as $4 million of average debt principal and severance payments daily in the third quarter. Get the Full Story Complete the form to unlock this article...

Earnings
Truist Reports Strong Core Fee Income In Q3 Earnings Report
October 15, 2020

Truist Financial Corporation reported on Thursday (Oct. 15) strong noninterest-bearing deposit growth and the completion its first major client-facing conversion, Truist Securities, in Q3 2020. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Earnings
Goldman’s Marcus Deposits Increase $4B In Q3 To $96B
October 14, 2020

Goldman Sachs’ latest results showed continued traction in its digital, consumer banking efforts even as its core trading and asset management segments soared. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Earnings
Wells Fargo Sees Some Credit And Debit Card Gains Amid Generally Bad Q3
October 14, 2020

Despite reporting rough overall Q3 results Wednesday (Oct. 14), Wells Fargo called out strong mortgage banking fees, higher equity markets and declining sequential charge-offs as positives for the period. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Earnings
Citi Warns Of Pressure On Consumer Spending, Looks For Digital Growth Opportunities
October 13, 2020

Citigroup’s Q3 earnings report on Tuesday (Oct. 13) indicated that things are looking a bit stronger than expected in the results department, as the firm showed early signs of stabilizing in the wake of the great COVID-19 disruption. Citi touted a story of stabilization in...

Earnings
J. P. Morgan 3Q Results Show Consumers Weathering The Pandemic
October 13, 2020

We haven’t turned the corner quite yet – but at least we haven’t hit the wall. 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...