Earnings

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

Western Union CFO: Pandemic Tailwinds Fuel Digital Remittances

Western Union CFO: Pandemic Tailwinds Fuel Digital Remittances
Western Union CFO: Pandemic Tailwinds Fuel Digital Remittances
November 02, 2020  |  Global Payments

When the World Bank issued its 2020 predictions for the remittances market, it was bad news for service providers in the space. The report, released...

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Sneaker Sales Propel 3Q Surge In Under Armour Earnings
Sneaker Sales Propel 3Q Surge In Under Armour Earnings
October 30, 2020  |  Earnings

Sportswear giant Under Armour reported a third-quarter profit of $38.9 million, partly driven by a revenue jump of 19 percent in the footwear category, the...

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Today In Payments: Mastercard’s Cyber Secure Helps Fight Cyber Fraud; Amazon Focuses On Fulfillment After Record Quarter
Today In Payments: Mastercard’s Cyber Secure Helps Fight Cyber Fraud; Amazon Focuses On Fulfillment After...
October 30, 2020  |  News

In today’s top news, Mastercard reveals its AI tool Cyber Secure to help banks fight cyber breaches, and Amazon reported record-setting earnings. Likewise, Alphabet reported...

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Apple’s Services Shift Lacks Key Details
Apple’s Services Shift Lacks Key Details
October 30, 2020  |  Apple

Apple’s latest quarter gave shoutouts to growth in the services segment, but details were scarce. Strip away the qualitative takeaways and the few data points...

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MoneyGram Reports 111 Pct Online D2C Growth
MoneyGram Reports 111 Pct Online D2C Growth
October 30, 2020  |  Earnings

MoneyGram International Inc. reported on Friday (Oct. 30) as part of its earnings announcement that its online direct-to-consumer channel (MGO) saw 111 percent year-over-year transaction...

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Digital-First Economy And SMBs Drive Facebook’s Earnings
Digital-First Economy And SMBs Drive Facebook’s Earnings
October 30, 2020  |  Earnings

Like Big Tech peers (Google among them), Facebook’s latest results show the tailwinds of eCommerce and the rebound in consumer spending buoying advertising revenues. But...

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Starbucks China Comp Sales Drop 3 Pct Amid Pandemic
Starbucks China Comp Sales Drop 3 Pct Amid Pandemic
October 29, 2020  |  Earnings

Starbucks Corp. reported on Thursday (Oct. 29) as part of its Q4 earnings that comparable-store sales dropped 3 percent in China, with comparable transactions lower...

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Amazon Focuses On Fulfillment After Another Record-Setting Quarter
Amazon Focuses On Fulfillment After Another Record-Setting Quarter
October 29, 2020  |  Earnings

Amazon earnings announcements in 2020 have become an exercise in financial superlatives. It was almost a given that the company would post another such exercise...

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