Earnings

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

J&J MedTech Navigates Headwinds, Eyes Growth Surge in Second Half of 2024
J&J MedTech Navigates Headwinds, Eyes Growth Surge in Second Half of 2024
July 17, 2024  |  Healthcare

Johnson & Johnson’s (J&J) MedTech arm displayed resilience in its second quarter, navigating inflationary headwinds while prioritizing innovation. The unit, a key driver for J&J,...

READ MORE >
Ally Reports Net Charge-Offs Rise Due to High-Priced Cars
Ally Reports Net Charge-Offs Rise Due to High-Priced Cars
July 17, 2024  |  Earnings

Ally Financial reported Wednesday (July 17) that its net charge-offs (NCOs) in the second quarter rose in comparison to the same quarter a year earlier,...

READ MORE >
US Bancorp: Credit Card Volumes Surge, Loan Delinquencies Stabilize
US Bancorp: Credit Card Volumes Surge, Loan Delinquencies Stabilize
July 17, 2024  |  Earnings

Bank earnings continue to show credit remains a key payments choice. U.S. Bancorp’s earnings, released Wednesday (July 17) indicated that within the company’s payment services...

READ MORE >
Synchrony Sees Digital Mix Key to Navigating Uncertain Environment
Synchrony Sees Digital Mix Key to Navigating Uncertain Environment
July 17, 2024  |  Earnings

In today’s uncertain environment, consumers want one thing: choice. That’s because macroeconomic uncertainty over inflation and interest rates is rocking consumer behavior and affecting big-ticket...

READ MORE >
Mango Reaches New Heights With Buzzy Collaborations and Click-and-Mortar™ Focus
Mango Reaches New Heights With Buzzy Collaborations and Click-and-Mortar™ Focus
July 16, 2024  |  Retail

As clothing shoppers increasingly seek of-the-moment relevance and omnichannel accessibility, Mango is growing its reach by seizing on attention-grabbing short-term launches and connected technologies. The...

READ MORE >
PNC: Commercial Real Estate Drives 8% Rise in Net Loan Charge-Offs
PNC: Commercial Real Estate Drives 8% Rise in Net Loan Charge-Offs
July 16, 2024  |  Earnings

PNC Financial Services Group saw expected increases in total nonperforming loans and net loan charge-offs in the second quarter. The increases were primarily due to...

READ MORE >
Bank of America: Consumers Still Have Borrowing Power Left on Their Credit Cards
Bank of America: Consumers Still Have Borrowing Power Left on Their Credit Cards
July 16, 2024  |  Earnings

For Bank of America, digital channels have represented avenues of continued growth, making inroads with credit card spending in particular. According to management, there’s still...

READ MORE >
AI Opportunities, Cyber Vulnerabilities Define UnitedHealth’s Latest Earnings
AI Opportunities, Cyber Vulnerabilities Define UnitedHealth’s Latest Earnings
July 16, 2024  |  Earnings

In February, UnitedHealth Group Inc.’s Change Healthcare unit suffered a far-reaching cyberattack. Per remarks by UnitedHealth’s executives on Tuesday’s (July 16) second-quarter earnings call, the...

READ MORE >
Big Bank Earnings Show Mixed Signals on Consumer Credit Health
Big Bank Earnings Show Mixed Signals on Consumer Credit Health
July 15, 2024  |  Earnings

Get enough data points in place, and you have a trend. As bank earnings have started to roll in — thus far, from JPMorgan, Wells...

READ MORE >