Earnings

Earnings
Equifax’s Big Earnings Miss And Warnings That More Attacks May Be Coming
November 10, 2017

Given that Equifax is the firm behind what was arguably the most comprehensive and damaging breach in U.S. history — a breach that left the consumer data of 145.5 million people up for sale on the dark web — the rational assumption would have been...

Earnings
A Surprise Same-Store Sales Bump Isn’t Enough To Offset An Earnings Miss For Kohl’s
November 10, 2017

Mixed results for Kohl’s as it posted its Q3 earnings report depressed stock prices in trading today as the retailer reported that sales took a hit when a series of hurricanes forced store closures. “Like most retailers, our third-quarter comps were negatively impacted by the hurricanes, which resulted...

Earnings
Square’s Services And Payments Volumes Are Sizzling – So Why Are Investors Skeptical?
November 09, 2017

Square continued its 2017 run of earnings strength with the release of its latest quarterly results on Wednesday (Nov. 8), notching growth in both payments volume and services revenue that came in ahead of analyst expectations. But shares were still down 1.3 percent in after-hours...

Earnings
Green Dot Beats 3Q On Card, Cash Transfer Growth
November 08, 2017

Green Dot posted results that came in above the Street, buoyed by branded products, growth in prepaid cards and operating leverage. In a news release, the company said that revenues came in at $201.6 million, up 30 percent year over year and beating the Street...

Earnings
LendingClub’s Q3 Earnings: Loans Grow, Losses Shrink, Stock Slammed
November 08, 2017

LendingClub investors headed for the exits, sending the stock down as much as 20 percent after hours when the company posted third-quarter results that topped expectations, showing loan growth and declining losses. Yet fourth-quarter guidance came in below consensus on initiatives to tighten credit and put...

Earnings
OnDeck Notches A Surprise Earnings Miss
November 07, 2017

While it would not be accurate to say Milli Vanilli sang the infamous song “Blame It On The Rain,” they certainly lip synced along with it convincingly enough to win a Grammy almost 30 years ago. And while almost no one has thought much of either the band or the song...

Earnings
MoneyGram’s Digital Growth Not Enough To Boost Earnings
November 03, 2017

MoneyGram reported third-quarter results on Thursday (Nov. 2) that missed expectations as the firm grappled with some softness in its United States markets and some international corridors. The total top line came in at $397.8 million, which was $20 million below Wall Street. Earnings stood...

Earnings
Cardtronics Posts 22 Percent Revenue Growth
November 03, 2017

Cardtronics, the world’s largest ATM owner and operator, revealed that it has exceeded earnings expectations for the third quarter of 2017. The company, which is based out of Houston, TX and operates globally, had total revenues of $402 million in the quarter ending September 30,...

Earnings
Western Union Digital Now 10 Percent Of C2C Business
November 03, 2017

Western Union reported third-quarter results Thursday (Nov. 2) that showed strong digital growth, up 23 percent year on year, with an overall beat on both top and bottom lines. The company said its consolidated top line came in at $1.4 billion, up two percent from...