After eight consecutive earnings beats, Walmart finds itself at the start of 2020 in the unusual position of missing analyst targets, as a tepid holiday season came in below expectations. Walmart is in good company, of course – joining Macy’s, Kohl’s and Target on the roster...
Losses widened this past year for OYO Homes & Hotels, as the SoftBank-backed company tried to expand into China, according to Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Fidelity Information Services (FIS) posted results that showed organic growth across business segments, and better than expected synergies in the wake of its 2019 acquisition of Worldpay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Payment processing was good to financial transaction provider WEX in 2019, as the company reported double-digit growth for the year in its earnings report today. While the company is known for its payment solutions aimed at fuel for fleet services, it also has grown its...
Equifax reported results that showed growth in key mortgage and verification segments even as it continued to reserve for costs related to the 2017 data breach that exposed the records of roughly 145 million Americans. Get the Full Story Complete the form to unlock this...
In its latest quarter, Alibaba Group saw its sales come out ahead of expectations, spiking 38 percent. The Chinese online shopping company had revenue of $23.19 billion or 161.45 billion yuan in the quarter concluding on Dec. 31, which was higher than 117.28 billion yuan a...
With a slight miss on earnings and revenue numbers and year-on-year declines in both areas, investors seemed a bit nervous in after-hours trading Tuesday (Feb 11) when Western Union reported its results for the final quarter of 2019. Despite the wobble in investor confidence that...
As Lyft drove innovation with enhancements to the technology that powers its platform, the ride-hailing company reported that its active riders grew 23 percent year over year to a record 22.9 million in the fourth quarter, compared to 18.6 million in Q4 of 2018. The firm also reported...
OnDeck fell short of expectations with its fourth-quarter earnings report on Tuesday (Feb. 11), and the financial services firm registered a decrease in loan origination volume. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
