Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.

Analysts Expect Big Banks to Post Record Profits for ’21

Analysts Expect Big Banks to Post Record Profits for ’21
Analysts Expect Big Banks to Post Record Profits for ’21
January 09, 2022  |  Banking

The biggest Wall Street banks are set to report new record profits in 2021, due to bumper investment banking fees and less-than-expected losses on loans,...

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Walgreens Focused on Growing Health Unit as Solid Int’l Results Complicate Sale of Boots Unit
Walgreens Focused on Growing Health Unit as Solid Int’l Results Complicate Sale of Boots Unit
January 06, 2022  |  Retail

The second-largest U.S. pharmacy retailer says it plans to open 100 new Walgreens Health Corner locations this year, having closed two acquisitions last quarter and...

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Bed Bath & Beyond Stock Rebounds After Q3 Earnings Report Triggers Drop
Bed Bath & Beyond Stock Rebounds After Q3 Earnings Report Triggers Drop
January 06, 2022  |  Retail

Home goods retailer Bed Bath & Beyond Inc.’s stock price rebounded Thursday (Jan. 6), climbing more than 11% after initially dropping more than 9% per...

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For Large Restaurant Brands, 2021 Was Better Than Normal  
For Large Restaurant Brands, 2021 Was Better Than Normal  
December 29, 2021  |  Restaurant innovation

2021 was a good year for major restaurant chains, not only in contrast to the devastating year before, but also by pre-pandemic standards. Get the...

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CarMax Sales Set Quarterly Record, Buybacks Blow Away Previous High
CarMax Sales Set Quarterly Record, Buybacks Blow Away Previous High
December 22, 2021  |  Retail

Used car retailer CarMax, Inc.’s retail and wholesale sales shot up almost 30% in the third quarter of fiscal 2022, largely because of increased consumer...

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US Banks See 15% Decrease in Trading Revenue in Q3 2021
US Banks See 15% Decrease in Trading Revenue in Q3 2021
December 21, 2021  |  Earnings

U.S. commercial banks and savings associations reported trading revenue of $6.8 billion in the third quarter this year, a 15.5% decrease, according to stats from...

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Nike Pledges Further Consumer Connection and Innovation To Extend Athleisure Trend
Nike Pledges Further Consumer Connection and Innovation To Extend Athleisure Trend
December 20, 2021  |  Earnings

Nike. A small word but a mighty brand that can perk-up retailers’ — and consumers’ — ears in an instant, while its ‘Swoosh’ logo is...

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FedEx Delivers Strong Earnings Despite Higher Wagers, Labor Woes
FedEx Delivers Strong Earnings Despite Higher Wagers, Labor Woes
December 17, 2021  |  Earnings

Delivery giant FedEx posted an upswing in revenue of 14% to $23.5 billion for the second quarter, despite higher wages and labor shortages that were...

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Boohoo: Profits Slammed by Returns and Freight Costs
Boohoo: Profits Slammed by Returns and Freight Costs
December 16, 2021  |  Retail

U.K. fashion retailer Boohoo on Thursday (Dec. 16) downgraded its profit and sales growth projections for the second time in 2021, saying that supply chain...

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