Synchrony Financial Posts Q2 Beat
Synchrony Financial (SYF) reported impressive earnings and revenues for the second quarter of FY2022. Despite the beat, shares of the company closed flat at $31.48 on July 19. Synchrony Financial is a U.S.-based consumer financial services company that offers consumer financing and consumer banking products across industries like digital, retail, home, auto, travel, health, and pets. SYF''s Q2 Beat Synchrony reported quarterly earnings of $1.60 per share, significantly higher than analysts’ estimates of $1.44 per share. However, it was lower than the earnings of $2.12 per share reported for the prior-year period. Revenues jumped 19.6% year-over-year to $2.8 billion and exceeded consensus estimates by $130 million.
Synchrony Financial Posts Q2 Beat
Synchrony Financial (SYF) reported impressive earnings and revenues for the second quarter of FY2022. Despite the beat, shares of the company closed flat at $31.48 on July 19. Synchrony Financial is a U.S.-based consumer financial services company that offers consumer financing and consumer banking products across industries like digital, retail, home, auto, travel, health, and pets. SYF''s Q2 Beat Synchrony reported quarterly earnings of $1.60 per share, significantly higher than analysts’ estimates of $1.44 per share. However, it was lower than the earnings of $2.12 per share reported for the prior-year period. Revenues jumped 19.6% year-over-year to $2.8 billion and exceeded consensus estimates by $130 million.