Earnings

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

MoneyGram Reports 111 Pct Online D2C Growth
MoneyGram Reports 111 Pct Online D2C Growth
October 30, 2020  |  Earnings

MoneyGram International Inc. reported on Friday (Oct. 30) as part of its earnings announcement that its online direct-to-consumer channel (MGO) saw 111 percent year-over-year transaction...

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Digital-First Economy And SMBs Drive Facebook’s Earnings
Digital-First Economy And SMBs Drive Facebook’s Earnings
October 30, 2020  |  Earnings

Like Big Tech peers (Google among them), Facebook’s latest results show the tailwinds of eCommerce and the rebound in consumer spending buoying advertising revenues. But...

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Starbucks China Comp Sales Drop 3 Pct Amid Pandemic
Starbucks China Comp Sales Drop 3 Pct Amid Pandemic
October 29, 2020  |  Earnings

Starbucks Corp. reported on Thursday (Oct. 29) as part of its Q4 earnings that comparable-store sales dropped 3 percent in China, with comparable transactions lower...

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Amazon Focuses On Fulfillment After Another Record-Setting Quarter
Amazon Focuses On Fulfillment After Another Record-Setting Quarter
October 29, 2020  |  Earnings

Amazon earnings announcements in 2020 have become an exercise in financial superlatives. It was almost a given that the company would post another such exercise...

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Higher B2B Payments Volumes, More SaaS Accounts Boost WEX Despite Overall Lower 3Q
Higher B2B Payments Volumes, More SaaS Accounts Boost WEX Despite Overall Lower 3Q
October 29, 2020  |  Earnings

FinTech WEX lost $57.7 million, or $1.49 a share, on revenue of $382.1 million for the three months ended Sept. 30, compared with posting a...

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Western Union’s Remittances And Digitization Drive Positive Outlook For Q4
Western Union’s Remittances And Digitization Drive Positive Outlook For Q4
October 29, 2020  |  Earnings

Consumer behavior drove Western Union‘s positive third quarter earnings results, announced Thursday (Oct. 29), with cross-border principal up by 8 percent for the quarter. Get...

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Today in Payments: Mastercard Q3 Shows Cross-Border Spend Slump; Pinterest Revenue Surges As Ads Shift From Facebook
Today in Payments: Mastercard Q3 Shows Cross-Border Spend Slump; Pinterest Revenue Surges As Ads Shift...
October 29, 2020  |  News

In today’s top news, Mastercard third-quarter earnings demonstrated the shift to digital, and Pinterest revenue was boosted due to a shift away from Facebook. And...

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Walmart, Digital Technology Factor Into FIS Q3 Earnings
Walmart, Digital Technology Factor Into FIS Q3 Earnings
October 29, 2020  |  Earnings

The digital-first economy and the Worldpay acquisition both played key roles in payment processor FIS’ earnings on Thursday (Oct. 29), as the company used its...

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Yum! Brands Global System Sales Rise 1 Pct Amid Restaurant Reopenings
Yum! Brands Global System Sales Rise 1 Pct Amid Restaurant Reopenings
October 29, 2020  |  Earnings

Yum! Brands, Inc. reported on Thursday (Oct. 29) as part of its Q3 earnings that global system sales excluding foreign currency translation increased 1 percent,...

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