Earnings

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

McDonald’s Sees ‘Trade Down’ as Paycheck-to-Paycheck Pressures Rise
McDonald’s Sees ‘Trade Down’ as Paycheck-to-Paycheck Pressures Rise
July 29, 2024  |  Earnings

McDonald’s sales fell for the first time since 2020 as lower-income consumers stayed home. The fast food giant released quarterly earnings Monday (July 29) showing a 1% dip...

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Spotify Shifts From One-Size-Fits-All to Customized Subscription Plans
Spotify Shifts From One-Size-Fits-All to Customized Subscription Plans
July 26, 2024  |  Earnings

Spotify Founder and CEO Daniel Ek believes the company’s approach to flexibility for its customers is a key success factor. Second-quarter earnings, reported on Tuesday...

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They Said That: Notable Quotables From the Week of July 22
They Said That: Notable Quotables From the Week of July 22
July 26, 2024  |  Technology

It was a week that saw a presidential campaign end, the Summer Olympics begin and the start of banking and payments earnings season. We were...

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FinTech IPO Index Falls 2%; SoFi’s Galileo Leads With Move Into 3DS
FinTech IPO Index Falls 2%; SoFi’s Galileo Leads With Move Into 3DS
July 26, 2024  |  Fintech Investments

Only one name in the FinTech IPO Index posted earnings this week, as the overall group was down 1.95% through the past five days. Amid...

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GM Eyes ‘Winning New Customers’ as EV Sales Soar
GM Eyes ‘Winning New Customers’ as EV Sales Soar
July 25, 2024  |  Transportation

General Motors Chairman and CEO Mary Barra is focused on “winning new customers” as electric vehicle (EV) sales soared during the second quarter. In the...

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American Airlines CEO: Q2 Profits Plunge 46% Due to Failed Sales Strategy
American Airlines CEO: Q2 Profits Plunge 46% Due to Failed Sales Strategy
July 25, 2024  |  Earnings

On Thursday (July 25), American Airlines announced a record second-quarter (Q2) revenue of $14.3 billion. However, net income plunged 46%, to $717 million, while a “bright...

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Wyndham Hotels Touts AI Initiatives Amid Record Room Growth
Wyndham Hotels Touts AI Initiatives Amid Record Room Growth
July 25, 2024  |  Earnings

Wyndham Hotels & Resorts is investing in artificial intelligence (AI) amid record growth in its room pipeline. The hotel and resort chain released earnings Wednesday...

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WEX Sees AI, Commercial EVs as Growth Opportunities
WEX Sees AI, Commercial EVs as Growth Opportunities
July 25, 2024  |  Earnings

Global commerce platform WEX is looking to artificial intelligence (AI) and commercial electric vehicles (EVs) as opportunities for growth after reporting record quarterly revenue. “We...

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Hasbro: Games Customers Are Aging Up and Becoming More Digital
Hasbro: Games Customers Are Aging Up and Becoming More Digital
July 25, 2024  |  Earnings

As toys and games retailers look to adapt to consumers’ evolving habits and preferences, Hasbro is seeing the industry transformed by more adult and more...

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