Earnings

Earnings
Coca-Cola’s Revenues Grow 15% Despite ‘Soft Spots’ Among Consumers
July 23, 2024

Consumer caution does not seem to be hurting the Coca-Cola Company. 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. By completing this...

Earnings
Spotify Hits Record Q2 Earnings Amid Double-Digit User Growth
July 23, 2024

In its earnings report released Tuesday (July 23), Spotify showcased a record-breaking second quarter, driven by features in its music offerings such as daylist and AI DJ, alongside expansions into video podcasts and audiobooks. These developments have bolstered user engagement, the company said, reinforcing Spotify’s...

Earnings
Earnings Season Shows Companies Still Spending on Corporate Cards
July 23, 2024

As banks weighed in this month with their earnings reports, Wall Street has focused on earnings per share, investment banking revenues and the state of capital buffers and credit reserves. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Earnings
Global Freight Recession Drives UPS Profits Down by Over 30%
July 23, 2024

Softened pricing, heightened labor cost, and a freight demand pullback are battering the shipping sector. 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,...

Earnings
SAP: AI-Focused Restructuring to Add €200 Million to Bottom Line
July 22, 2024

Seven months after launching an artificial intelligence (AI)-focused restructuring program, SAP said Monday (July 22) that it has raised its 2025 operating profit ambition to reflect the efficiency gains it expects to see from that program. Get the Full Story Complete the form to unlock...

Earnings
Truist Says Digital Onboarding Key to 42% Deposit Growth 
July 22, 2024

Across today’s banking landscape, the phrase “higher for longer” isn’t just being applied to interest rate commentary. 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...

Earnings
Fifth Third Earnings Focus on Liquidity and Payments Innovations
July 19, 2024

This quarter’s bank earnings, like the macro environment, have been mixed and unpredictable. 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. By completing...

Earnings
Netflix Co-CEO Touts Programming Flexibility and Eyes Ads Tier Business
July 19, 2024

During Thursday’s Q2 earnings call, Netflix officials discussed a redesigned homepage aimed at improving content discovery for users, along with excitement connected to its advertising business targeting subscription tiers with streaming ads. Get the Full Story Complete the form to unlock this article and enjoy...

Earnings
Regions Financial: Business Lending ‘Pipelines Are Beginning to Rebuild’
July 19, 2024

Regions Financial saw average loans remain stable during the second quarter, with some signs that demand for business loans may pick up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...