Earnings

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

Netflix Adds 7M Subscribers In Q3 Earnings Beat

Netflix Adds 7M Subscribers In Q3 Earnings Beat
Netflix Adds 7M Subscribers In Q3 Earnings Beat
October 17, 2018  |  Retail

With blockbuster subscriber gains, Netflix rocketed past its earnings estimates and met its revenue expectations. The movie subscription company posted $4 billion in revenue and...

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Walmart Pushes Digital Innovation During Investor Day
Walmart Pushes Digital Innovation During Investor Day
October 16, 2018  |  Retail

Doug McMillon started his presentation for Walmart’s annual investor meeting in Bentonville, Arkansas by saying he wanted to “challenge your thinking about Walmart.” Get the...

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Marcus Buoys Goldman’s Growth
Marcus Buoys Goldman’s Growth
October 16, 2018  |  Earnings

Goldman Sachs booked a 4 percent year-over-year revenue increase for the third quarter of 2018, with that growth powered in part by increased lending through...

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Apple’s iPhone Demand Falls In China
Apple’s iPhone Demand Falls In China
October 15, 2018  |  Apple

Thanks to a decline in demand for Apple’s iPhones in China, Goldman Sachs is warning the iPhone maker could post earnings that disappoint. Get the...

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Bank Of America’s Zelle Boosts P2P Transactions 138 Pct In Q3
Bank Of America’s Zelle Boosts P2P Transactions 138 Pct In Q3
October 15, 2018  |  Earnings

It’s the start of the new earnings season, and Bank of America, among the first companies out of the gate, set a positive tone Monday...

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Wells Fargo’s Q3 Beats On Revenues, Falls Short On Earnings
Wells Fargo’s Q3 Beats On Revenues, Falls Short On Earnings
October 12, 2018  |  Earnings

As Wells Fargo seeks to cut costs while retooling its business for the age of digital banking, the company reported slightly better than expected revenues,...

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JPMorgan Reports Growth In Card Spend, Mobile Users
JPMorgan Reports Growth In Card Spend, Mobile Users
October 12, 2018  |  Earnings

JPMorgan posted results on Friday (Oct. 12) that beat the Street on headline numbers – top and bottom – based on traction in consumer spending,...

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Citigroup Beats Earnings Expectations, But Misses On Revenue
Citigroup Beats Earnings Expectations, But Misses On Revenue
October 12, 2018  |  Earnings

It was a better than expected showing when Citibank reported, with earnings coming in stronger than anticipated, buttressed by a lower corporate tax rate. Get...

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