Earnings

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

JPMC Posts Surge in 3Q Profits Driven by Release of Credit Reserves

JPMC Posts Surge in 3Q Profits Driven by Release of Credit Reserves
JPMC Posts Surge in 3Q Profits Driven by Release of Credit Reserves
October 13, 2021  |  Earnings

Third-quarter profits exceeded expectations at J.P. Morgan Chase, with a 24% surge in net income of $11.7 billion, an increase of $2.2 billion, the largest...

READ MORE >
Q3 Bank Earnings Likely to See Continued Strong Debit Spending
Q3 Bank Earnings Likely to See Continued Strong Debit Spending
October 12, 2021  |  Banking

Seems like yesterday we were looking toward second-quarter earnings reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

READ MORE >
JPMC, BoA, Other Big Banks Squeezed by Soaring Tech Costs
JPMC, BoA, Other Big Banks Squeezed by Soaring Tech Costs
October 10, 2021  |  Banking

The biggest U.S. banks are feeling the crunch of higher technology costs as they try to compete with rising FinTechs, the Financial Times (FT) reported....

READ MORE >
Consumers Continue to Seek Refreshed Wardrobes, Boosting Levi Strauss Sales
Consumers Continue to Seek Refreshed Wardrobes, Boosting Levi Strauss Sales
October 07, 2021  |  Retail

Increased casualization and a need for new clothes are driving continued growth for apparel giant Levi Strauss & Co., with the company citing its diversified...

READ MORE >
Consumer Spending, Income Show Gains In August
Consumer Spending, Income Show Gains In August
October 01, 2021  |  Economy

U.S. personal consumer expenditures (PCE) rose 0.8% ($130.5 billion) last month, coinciding with an uptick in personal income of 0.2% ($35.5 billion) and a 0.1%...

READ MORE >
CarMax Struggles to Build Inventory as Vehicle Shortage Continues
CarMax Struggles to Build Inventory as Vehicle Shortage Continues
September 30, 2021  |  Retail

Used car dealership chain CarMax said its inventory remains about 30% lower than it expected and down 15% year over year, cutting into vehicle availability...

READ MORE >
Bed Bath & Beyond Traffic Declines in Q2
Bed Bath & Beyond Traffic Declines in Q2
September 30, 2021  |  Retail

Bed Bath & Beyond saw a 26% drop in net sales in the second quarter of fiscal 2021 ending Aug. 28, compared to the same...

READ MORE >
Owner of Airport Eateries Sees Revenue Surge to 53% of Pre-Pandemic Levels
Owner of Airport Eateries Sees Revenue Surge to 53% of Pre-Pandemic Levels
September 29, 2021  |  Travel Payments

SSP Group, which operates foodservice sites in airports and railway stations in 35 countries, on Wednesday (Sept. 29) announced that its revenues in the last...

READ MORE >