Earnings

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

Grubhub Grows Active Diners By 24 Pct
Grubhub Grows Active Diners By 24 Pct
May 06, 2020  |  Earnings

Amid a rise in orders and an increase in customers fueled by the coronavirus pandemic, Grubhub reported a 24 percent year-over-year increase in active diners...

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Lyft Ridership Up 3 Pct Even With Quarantine
Lyft Ridership Up 3 Pct Even With Quarantine
May 06, 2020  |  Earnings

Lyft reported an increase in active riders in the first quarter of 2020 with 21,211, up 3 percent year over year. But that number fell...

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CVS Front Store Sales Rise 8.5 Pct Fueled By COVID-19 Purchases
CVS Front Store Sales Rise 8.5 Pct Fueled By COVID-19 Purchases
May 06, 2020  |  Retail

As consumers stocked up on merchandise amid the coronavirus pandemic, CVS Health Corporation reported that front store revenues rose 8.5 percent in the three months...

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Western Union Weathers Uncertainty With Digital Acceleration
Western Union Weathers Uncertainty With Digital Acceleration
May 06, 2020  |  Earnings

As has been the trend with earnings reports this quarter, COVID-19 and its global economic effects took center stage when Western Union reported its Q1...

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LendingClub: 11 Pct Of Personal Loans In ‘Skip-a-Pay’ Program
LendingClub: 11 Pct Of Personal Loans In ‘Skip-a-Pay’ Program
May 06, 2020  |  Earnings

LendingClub posted first-quarter earnings results Tuesday (May 5) that showed a high single-digit percentage decline in loan originations as consumers held back, investors shied away...

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Closed Theme Parks Sink Disney Earnings; Q3 Could Be Worse
Closed Theme Parks Sink Disney Earnings; Q3 Could Be Worse
May 05, 2020  |  Earnings

The COVID-19 pandemic hit Disney hard for the first three months of 2020, with overall revenue down $1.4 billion largely stemming from its ravaged theme...

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US Meat Shortage Boosts Fortunes Of Plant-Based Meat Firms
US Meat Shortage Boosts Fortunes Of Plant-Based Meat Firms
May 05, 2020  |  Earnings

Not every company is suffering as the world’s economy has come to a virtual standstill and the pandemic death toll rises. Get the Full Story...

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Wayfair’s Sales Up 20 Pct As Homebound Consumers Feather Nests
Wayfair’s Sales Up 20 Pct As Homebound Consumers Feather Nests
May 05, 2020  |  Retail

Online retail giant Wayfair saw its sales surge in the first quarter of 2020, even while its net loss grew. The increase in sales figures...

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Analysts Lower Wells Fargo Rating, Saying Road To Recovery Will Be Tough
Analysts Lower Wells Fargo Rating, Saying Road To Recovery Will Be Tough
May 05, 2020  |  Bank Regulation

Analysts at UBS Securities lowered Wells Fargo’s rating and earnings forecast, saying the bank will have a tougher time bouncing bank from the coronavirus pandemic —...

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