Earnings

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

SunTrust Beats Revenue Forecast Ahead Of BB&T Merger
SunTrust Beats Revenue Forecast Ahead Of BB&T Merger
October 17, 2019  |  Earnings

SunTrust Banks Inc. reported results on Thursday (Oct. 17) that surpassed revenue expectations but fell in line with analysts’ earnings estimates for the third quarter. Get...

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Ahead Of Suntrust Merger, BB&T Sees Strong Loan Growth, Credit Quality
Ahead Of Suntrust Merger, BB&T Sees Strong Loan Growth, Credit Quality
October 17, 2019  |  Earnings

BB&T Corp., ahead of its planned buy of SunTrust banks, posted results that beat expectations and showed a slight decrease in non-performing assets. Get the...

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Netflix Earnings Soar, But Subscribers Slip As New Streaming Players Spin Up
Netflix Earnings Soar, But Subscribers Slip As New Streaming Players Spin Up
October 16, 2019  |  Earnings

Netflix’s results were somewhat mixed when the streaming giant released its earnings figures Wednesday afternoon (Oct. 16), the market’s response to them was not. Shares...

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Bank of America Sees 76 Pct Boost In Q3 Zelle Payments
Bank of America Sees 76 Pct Boost In Q3 Zelle Payments
October 16, 2019  |  Earnings

Zelle P2P payments increased 76 percent year-over-year (YoY) in the third quarter of 2019, Bank of America said on Wednesday (Oct. 16), signaling the latest burst of...

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Retail Sales Slump Raises Questions About Consumer Spending
Retail Sales Slump Raises Questions About Consumer Spending
October 16, 2019  |  Economy

One of the laws of physics, loosely phrased, is that an object in motion stays in motion, on its path, until outside forces act to...

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Red Ink Marks Marcus — And Goldman Sachs’ Risky Consumer Bet
Red Ink Marks Marcus — And Goldman Sachs’ Risky Consumer Bet
October 16, 2019  |  Earnings

There are advantages to moving downstream — gaining new customers, of course, is a goal for any company. Yet, for Goldman Sachs’ new consumer banking...

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Wells Says Today’s Costly Investments Is Tomorrow’s Innovation In Progress
Wells Says Today’s Costly Investments Is Tomorrow’s Innovation In Progress
October 15, 2019  |  Earnings

Wells Fargo managed to a slight beat when it came revenue predictions when it announced earnings earlier today (Oct. 15) — but on the whole,...

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Chase Sees Active Mobile Customers, Card Loans Grow in Q3
Chase Sees Active Mobile Customers, Card Loans Grow in Q3
October 15, 2019  |  Earnings

Amid the companies kicking off earnings season, JPMorgan Chase and Co. reported results that showed consumer spending remains resilient in the face of global macro...

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Citi’s ‘Unpredictable Q3’ Sees Growth In Treasury Unit
Citi’s ‘Unpredictable Q3’ Sees Growth In Treasury Unit
October 15, 2019  |  Earnings

Citigroup had a flat third quarter but reported year-over-year gains in treasury and trade solutions services for that period. The financial institution, however, beat analysts...

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