Earnings

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

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
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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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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