Earnings

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

Retail Banking Earnings Increase For PNC, Report Shows

Retail Banking Earnings Increase For PNC, Report Shows
Retail Banking Earnings Increase For PNC, Report Shows
April 16, 2021  |  Earnings

PNC Financial Services Group released its first-quarter earnings report Friday (April 16), showing an increase in retail banking along with an overall net income of...

READ MORE >
Consumer Spending, Low Credit Card Delinquencies Lifts Big Bank Earnings
Consumer Spending, Low Credit Card Delinquencies Lifts Big Bank Earnings
April 15, 2021  |  Banking

If there’s one universal theme thus far across bank earnings, across banks large and small, investment banking juggernauts and more retail-oriented firms … it’s that...

READ MORE >
Optum, Medicare Drive Strong UnitedHealthcare Q1 Results
Optum, Medicare Drive Strong UnitedHealthcare Q1 Results
April 15, 2021  |  Earnings

As the first major health insurer to release Q1 results this year, the UnitedHealth Group has set the bar high. Across its Optum and UnitedHealthcare...

READ MORE >
Delta Air Lines Reverses Cash Burn Amid Pandemic
Delta Air Lines Reverses Cash Burn Amid Pandemic
April 15, 2021  |  Earnings

Delta Air Lines reported on Thursday (April 15) that cash burn averaged $11 million per day during the March quarter, although the air carrier began...

READ MORE >
Despite Gains From Stay-At-Home Economy, PepsiCo Sees Vaccine As Tailwind
Despite Gains From Stay-At-Home Economy, PepsiCo Sees Vaccine As Tailwind
April 15, 2021  |  Earnings

In the first quarter of 2021, PepsiCo saw net revenue growth of 6.8 percent, for a total of $14.8 billion in revenue, up from last...

READ MORE >
Truist First-Quarter Financials Show $1.3 Billion Net Income
Truist First-Quarter Financials Show $1.3 Billion Net Income
April 15, 2021  |  Earnings

Truist Financial Corporation has reported its earnings for the first quarter, with the net income available to common shareholders being $1.3 billion, according to a...

READ MORE >
Soft Cold And Flu Season Drives $18.5 Million Loss For Rite Aid
Soft Cold And Flu Season Drives $18.5 Million Loss For Rite Aid
April 15, 2021  |  Retail

The pandemic is a two-sided coin for the pharmacy and drug store category. Consumers needed more preventative health products, but they also took better care...

READ MORE >
Bank of America’s Profits Double; 40.3 Million Customers Use Digital Banking
Bank of America’s Profits Double; 40.3 Million Customers Use Digital Banking
April 15, 2021  |  Earnings

With the pandemic economic crisis fading, Bank of America said on Thursday (April 15) that it had released $2.7 billion of the cash it had...

READ MORE >