Earnings

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

Amex Q3 Shows Consumer Spending Surge
Amex Q3 Shows Consumer Spending Surge
October 20, 2016  |  Earnings

Credit card giant American Express reported results that showed continued traction in consumer spending in the third quarter, with earnings of $1.20, up above estimates...

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Stocks In the Red, Bucked by Blackhawk
Stocks In the Red, Bucked by Blackhawk
October 17, 2016  |  News

Stocks in the PYMNTS Index moved decidedly to the red, and only one name actually made gains of any significance, while others that wound up...

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JPMorgan Tops the Street, Top Line Boosted by Consumer Cards and Loans
JPMorgan Tops the Street, Top Line Boosted by Consumer Cards and Loans
October 14, 2016  |  News

JPMorgan’s results for the third quarter were above expectations, buoyed by consumer loan growth.  The firm’s $1.58 a share topped the Street by 19 pennies. ...

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For Wells Fargo, A Beat, But Ominous Signs in Consumer Metrics
For Wells Fargo, A Beat, But Ominous Signs in Consumer Metrics
October 14, 2016  |  News

It wasn’t much of an earnings hurdle to cross, but Wells Fargo cleared it. Investors were non-plussed, with the stock down less than a percent...

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Wells Fargo’s New CEO Sloan Has Lots Of Work To Do, Including 3Q Earnings
Wells Fargo’s New CEO Sloan Has Lots Of Work To Do, Including 3Q Earnings
October 14, 2016  |  Banking

Wells Fargo’s incoming chief executive, Timothy Sloan, who is replacing CEO John Stumpf who resigned on Wednesday (Oct. 12), will have a lot of work to do,...

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Net 1 Soars, Eclipses Other Payments Stocks
Net 1 Soars, Eclipses Other Payments Stocks
October 10, 2016  |  Stock Index

In the biggest and most impressive move of the week, Net 1 UEPS Technologies soared 23 percent on the week, as the alternative payments company...

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Muted Moves, Muted News for Stocks
Muted Moves, Muted News for Stocks
October 03, 2016  |  Stock Index

The PYMNTS Stock Index was rather even-keeled this time around, with not much news moving the winners. The stock market rallies that took place at...

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Costco Wholesale Has Visa Partly To Thank For Better-Than-Expected Q4 Results
Costco Wholesale Has Visa Partly To Thank For Better-Than-Expected Q4 Results
October 03, 2016  |  Earnings

Costco Wholesale, the warehouse club retailer, was able to post higher-than-expected profit for its fourth quarter, and it has lower fees to credit card partner...

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Winners Outweigh Losers In Payments Stocks
Winners Outweigh Losers In Payments Stocks
September 26, 2016  |  Stock Index

The PYMNTS Stock Index saw, on balance, more of a push toward positive momentum than negative. The biggest movers included Blackhawk Network Holdings, which gained...

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