Earnings

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

McDonald’s Q2 Revenues Fall By Nearly One-Third

McDonald’s Q2 Revenues Fall By Nearly One-Third
McDonald’s Q2 Revenues Fall By Nearly One-Third
July 28, 2020  |  Earnings

McDonald’s said on Tuesday (July 28) that its revenue fell 30 percent for the second quarter of 2020 compared to the same period in 2019, according...

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American Express Q2 Revenues Plunge As Big Spenders Shut Their Wallets
American Express Q2 Revenues Plunge As Big Spenders Shut Their Wallets
July 24, 2020  |  Earnings

American Express managed to put up a surprising profit in the second quarter, but saw revenue sharply drop as consumer spending collapsed as the COVID-19 pandemic slammed...

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Equifax Reports 53 Pct Boost In Workforce Solution Revenues Despite Pandemic
Equifax Reports 53 Pct Boost In Workforce Solution Revenues Despite Pandemic
July 23, 2020  |  Earnings

Equifax reported blockbuster revenue growth for its Workforce Solutions segment with an expansion in U.S. Information Solutions (USIS) revenues in the second quarter. By contrast,...

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Twitter User Base Grows A Record 34 Pct In Q2 As Shutdowns Boost Social Media
Twitter User Base Grows A Record 34 Pct In Q2 As Shutdowns Boost Social Media
July 23, 2020  |  Earnings

Twitter’s second-quarter earnings showed on Thursday (July 23) that the social media giant’s user base continued to grow even as its ad revenues declined, as...

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Digital Drives 61 Pct Of Chipotle’s Q2 Sales
Digital Drives 61 Pct Of Chipotle’s Q2 Sales
July 22, 2020  |  Earnings

The digital shift saved Chipotle in Q2. The company announced earnings Thursday (July 22) that showed not only a huge spike in digital orders, but...

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Airlines Confront Grim Q2 As New COVID Fears Slam Travel Recovery
Airlines Confront Grim Q2 As New COVID Fears Slam Travel Recovery
July 22, 2020  |  Travel Payments

It was a bad week for airline stocks as bookings contracted on renewed coronavirus fears. PYMNTS reported earlier this week on new Transportation Security Agency (TSA) figures that travelers...

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United Airlines’ Chief: Vaccine Needed To Return To Normal
United Airlines’ Chief: Vaccine Needed To Return To Normal
July 22, 2020  |  Travel Payments

The outlook for the airline industry looks cloudy — at best — until there is a COVID-19 vaccine. In fact, United Airlines‘ chief said revenues...

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Best Buy Reports 255 Pct eCommerce Sales Growth
Best Buy Reports 255 Pct eCommerce Sales Growth
July 22, 2020  |  Retail

Best Buy reported eCommerce sales growth of roughly 255 percent in contrast to the past year quarter-to-date up to July 18. The electronics retailer also...

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Capital One’s Credit Card Business Shrinks, But Delinquencies Fall
Capital One’s Credit Card Business Shrinks, But Delinquencies Fall
July 21, 2020  |  Earnings

Capital One reported on Tuesday (July 21) that its credit card business shrank during the second quarter, but that delinquencies fell despite the pandemic. Get...

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