In its latest earnings report, First Data topped Wall Street estimates on the top line. CEO Frank Bisignano pointed to momentum in the North American SMB customer base, while stating that acquisitions are tracking to plan and Clover is seeing, well, green fields ahead.
When it comes to earnings, a bit of accounting can make all the difference. The way Wall Street looks at earnings, and the way the average person might count earnings, though, are two different things. Let’s take the second scenario — what an individual might...
Western Union stocks are trading up this morning going into the market opening as investors liked what they saw in the firm’s Q2 earnings report. For the three months ending in June, Western Union notched revenue of $1.4 billion and earnings per share of $.35...
Top French bank BNP Paribas didn’t lose as much money as analysts predicted. Reports Friday (July 28) said the bank posted a smaller drop in Q2 net income than was initially expected, with cut costs and boosted revenue helping quarterly earnings when BNP Paribas released...
A rise in consumer spending, broad-based across several geographies, helped Mastercard beat Wall Street estimates for the second quarter. The company announced news on Thursday that earnings for the quarter came in at $1.10, while Wall Street had expected $1.04, and the bottom line edged the...
Discover Financial Services announced news of its second quarter earnings results to Wall Street on Wednesday (July 26) that showed total loans increased 8 percent, or $6.1 billion, while credit card loans saw the same growth in the quarter. In a press release, the credit...
Facebook managed to widely beat Wall Street expectations with its latest earnings report, causing a 4 percent pick-up in after hours trading. Advertising revenue pushed by sky-rocketing sales of mobile video ads managed to grow at more than twice the rate reported by Google. By...
Whole Foods Market managed to come out mostly ahead of analysts’ expectations as it offered its Q2 earning report — possibly one of the last few it will give before being folded into the Amazon family. Earnings per share clocked in at 36 cents adjusted,...
PayPal reported earnings yesterday — and Wall Street liked what it saw. Shares were up 2 percent in after hour trading following the release of Q2 results that indicated PayPal’s revenue, earnings, profit, footprint, user base, merchant base and P2P payments customer base are all growing...
