Goldman Sachs predicted Wednesday (Oct. 25) that eCommerce giant Amazon will offer up quarterly earnings that fail to meet Wall Street expectations. According to news from CNBC, Goldman Sachs said that operating income will likely fall below Wall Street views when the company reports third...
On Wednesday (Oct. 25), TSYS reported earnings results that showed organic revenue growth across its payments processing and card segments. TSYS earnings came in at $0.88 a share on an adjusted basis, $0.07 better than Wall Street predicted, and revenues on a net basis were up...
Rising interest rates and rising card defaults created an interesting split position for Capital One’s earnings picture for Q3. All in all, the bank had a better than expected Q3 — with profits up 10 percent to $1.1 billion ($2.14 a share), up from $1.01...
“PayPal delivered one of its strongest quarters since becoming an independent company,” said Dan Schulman, CEO of PayPal, in a statement. “Putting our customers first in everything we do, enhancing our suite of products and services and partnering with some of the world’s most popular...
It wasn’t exactly an inspiring earnings report for eBay in the third financial quarter of 2017, and investors made their displeasure known by docking eBay’s stock price 6 percent in after-hours trading. The report wasn’t a train wreck — by most accounts it was more or...
Rounding out a slew of big bank earnings that came last week, Bank of America reported its third-quarter results Friday. Like its peers, it showed a slump in fixed income trading, but managed to largely beat Street expectations. Mobile and digital initiatives continue to show...
By any measure, the news headlines were significant ones for Samsung Electronics last week. As reported by TechCrunch, the company made two separate announcements Thursday. In one, the company offered up strong guidance for third-quarter results tied to its key components and mobile businesses. As part...
Banking giant JPMorgan reported results that bested Wall Street estimates on Thursday, buoyed in part by strong growth in its card business and mobile initiatives. The headline numbers show that the company’s earnings came in at $1.76, which beat the $1.65 consensus. Revenues were $26.2...
Payments and commerce solutions firm Verifone reported results on Thursday that beat Wall Street on the top line, met on the bottom and showed momentum, management said, with next generation solutions and mPOS technology. In terms of headline numbers, revenues for the period that ended...
