Synchrony Financial reports results for the quarter ended December 31 - summary

By Kitco News / January 19, 2018 / www.kitco.com / Article Link

Jan 19 (Reuters) - * Synchrony Financialposted quarterly adjusted earnings of 70 centsper share. The mean expectation of 20 analysts for the quarter ended December 31 was for earnings of 63 centsper share. * Revenue rose 7.94 percent to $3.92 billion from a year ago; analysts expected $3.96 billion. * Synchrony Financial's Reported EPS for the quarter was 49 cents. * The mean earnings estimate of analysts had risen by about 9.4 percent in the last three months. * In the last 30 days twelve analysts have negatively revised estimates and one analyst has revised estimates upward.* Synchrony Financial shares have fallen by 3.4 percent this quarter and lost 3.4 percent so far this year. * The Stamford, Connecticut-based company reported quarterly net income of $385 million, a decrease of $191 million.* Synchrony Financial is a member of the S&P 500. This summary was generated 12:41 p.m. GMT.


Keywords: SYNCHRONY FINCL RESULTS/SUMMARY

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