The headline numbers said it was the first quarterly loss in 26 years. But digging a little deeper, American Express posted fourth-quarter results that topped expectations on the heels of higher card spend – and higher balances kept on those cards. Get the Full Story Complete...
Citigroup’s headline numbers showed a sizable quarterly loss on the newly enacted tax law – but excluding that $22 billion charge and the resulting $18 billion negative tally on the bottom line, results beat expectations. Get the Full Story Complete the form to unlock this...
The kickoff to earnings season usually has two firms reporting on the same day — JPMorgan and Wells Fargo — and the stories diverge wildly even though the same broad forces are at play. Get the Full Story Complete the form to unlock this article and enjoy...
In response to weak sales at Walgreens Boots Alliance Inc., following the retailer’s decision to add nearly 2,000 Rite Aid locations to its store base, a Morningstar analyst is questioning how long it will take for the acquisition to boost the company’s bottom line, Reuters...
Verifone showed some stronger than expected results when it reported its Q4 2017 earnings yesterday — with both revenue and earnings coming in ahead of analyst expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Might Wells Fargo be turning a corner with a bit of tailwind from tax reform? 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,...
Kroger is forecasting some good news for the final quarter of the year — on top of announcing a better-than-expected earnings report for Q3 2017. Wall Street noticed and rewarded Kroger for the turnaround in performance with a 12.5 percent spike in their stock price. Get the...
Intuit announced its Q1 FY2018 earnings this week, posting better-than-expected results for the firm and highlighting growth fueled by QuickBooks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
It’s probably a bit premature to say that the Gap is back, but its latest earnings results give at least some indication that signs of life are returning to the long-embattled chain. And that was enough to make investors pretty happy: Gap stocks shot up...
