Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.
Mattel Sales Declines Slow as Toys Make a Cautious Comeback
Mattel Sales Declines Slow as Toys Make a Cautious Comeback
July 23, 2024  |  Earnings

After years of consumers cutting back on nonessential retail purchases, Mattel is now starting to feel optimistic about the future of toys sales. On Tuesday...

READ MORE >
Coca-Cola’s Revenues Grow 15% Despite ‘Soft Spots’ Among Consumers
Coca-Cola’s Revenues Grow 15% Despite ‘Soft Spots’ Among Consumers
July 23, 2024  |  Earnings

Consumer caution does not seem to be hurting the Coca-Cola Company. The food and beverage giant released earnings Tuesday (July 23) showing its organic revenues growing 15%, with...

READ MORE >
Spotify Hits Record Q2 Earnings Amid Double-Digit User Growth
Spotify Hits Record Q2 Earnings Amid Double-Digit User Growth
July 23, 2024  |  Earnings

In its earnings report released Tuesday (July 23), Spotify showcased a record-breaking second quarter, driven by features in its music offerings such as daylist and...

READ MORE >
Earnings Season Shows Companies Still Spending on Corporate Cards
Earnings Season Shows Companies Still Spending on Corporate Cards
July 23, 2024  |  Earnings

As banks weighed in this month with their earnings reports, Wall Street has focused on earnings per share, investment banking revenues and the state of...

READ MORE >
Global Freight Recession Drives UPS Profits Down by Over 30%
Global Freight Recession Drives UPS Profits Down by Over 30%
July 23, 2024  |  Earnings

Softened pricing, heightened labor cost, and a freight demand pullback are battering the shipping sector. And add to that dynamic operating landscape the recent delays...

READ MORE >
SAP: AI-Focused Restructuring to Add €200 Million to Bottom Line
SAP: AI-Focused Restructuring to Add €200 Million to Bottom Line
July 22, 2024  |  Earnings

Seven months after launching an artificial intelligence (AI)-focused restructuring program, SAP said Monday (July 22) that it has raised its 2025 operating profit ambition to...

READ MORE >
Pressures on Lower-Income Consumers Signal Pain for Beauty and Apparel Merchants
Pressures on Lower-Income Consumers Signal Pain for Beauty and Apparel Merchants
July 22, 2024  |  Economy

T.S. Eliot wrote that the world would end not with a bang but a whimper. It may be the case that the unstoppable wave of...

READ MORE >
Truist Says Digital Onboarding Key to 42% Deposit Growth 
Truist Says Digital Onboarding Key to 42% Deposit Growth 
July 22, 2024  |  Earnings

Across today’s banking landscape, the phrase “higher for longer” isn’t just being applied to interest rate commentary. According to executives on Truist Financial Corporation’s second-quarter...

READ MORE >
Fifth Third Earnings Focus on Liquidity and Payments Innovations
Fifth Third Earnings Focus on Liquidity and Payments Innovations
July 19, 2024  |  Earnings

This quarter’s bank earnings, like the macro environment, have been mixed and unpredictable. And the ongoing theme of controlling for what’s controllable held true for Fifth Third Bancorp...

READ MORE >