Earnings

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

WeWork Woes, AI Views And Gig Economy Pay Top Week’s News

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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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...

READ MORE >
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,...

READ MORE >
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...

READ MORE >