Earnings

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

Best Buy Reports 255 Pct eCommerce Sales Growth

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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Snapchat User Growth Slows In Q2
Snapchat User Growth Slows In Q2
July 21, 2020  |  Earnings

Snap Inc., the parent company of Snapchat, has announced its second-quarter financial results, including an operating cash flow increase by $29 million to $67 million...

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The FAANG Gang And The Future Of The Recovery
The FAANG Gang And The Future Of The Recovery
July 21, 2020  |  Earnings

As earnings season starts up, the world is getting a glimpse into how the global pandemic and subsequent economic meltdown is impacting firms of all...

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IBM Earnings Show Enterprise Shift To The Cloud
IBM Earnings Show Enterprise Shift To The Cloud
July 20, 2020  |  Earnings

IBM‘s revenue fell 5.4 percent in the second quarter due to the reduced spending on computer equipment during the pandemic in lieu of going digital...

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Netflix Logs Huge Quarter; Stock Takes Hit
Netflix Logs Huge Quarter; Stock Takes Hit
July 16, 2020  |  Earnings

Netflix 1. Movie theaters: 0. That was the score for the second quarter as Netflix and other streaming services were the only game in town...

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Today In Payments: EU Ruling Limits Personal Data Transfer To US; Airbnb Revives Plan To Go Public
Today In Payments: EU Ruling Limits Personal Data Transfer To US; Airbnb Revives Plan To...
July 16, 2020  |  News

In today’s top news, EU’s top court will limit companies’ ability to transfer personal data to the U.S., and Airbnb said it will revive its...

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Truist Sets Aside $844M For Bad Loans Amid Weak Q2 Consumer Business
Truist Sets Aside $844M For Bad Loans Amid Weak Q2 Consumer Business
July 16, 2020  |  Earnings

Charlotte, North Carolina-based Truist Financial Corp. on Thursday (July 16) became the latest bank to report some good news in its second-quarter results, but there...

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BoA Adds $4B To Reserves Even As COVID Boosts Mobile, Digital Users
BoA Adds $4B To Reserves Even As COVID Boosts Mobile, Digital Users
July 16, 2020  |  Earnings

Bank of America reported Thursday (July 16) that that the number of customers using the firm’s mobile and digital platforms grew during the second quarter...

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