Earnings

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

American Express Rides Higher Spending To Q3 Revenue Win

American Express Rides Higher Spending To Q3 Revenue Win
American Express Rides Higher Spending To Q3 Revenue Win
October 21, 2019  |  Earnings

Card member spending, higher-net interest income and card fees combined to produce an 11 percent year-over-year revenue gain for the Global Consumer Services Group of...

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WeWork Woes, AI Views And Gig Economy Pay Top Week’s News
WeWork Woes, AI Views And Gig Economy Pay Top Week’s News
October 18, 2019  |  News

Happy weekend! You might have missed some vital payments and commerce news this busy week, but the PYMNTS Weekender has you covered. We have deep...

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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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