Synchrony Financial (SYF) Tops Q1 EPS by 2c

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Go back to Synchrony Financial (SYF) Tops Q1 EPS by 2c

Synchrony Financial Reports First Quarter Net Earnings of $552 Million or $0.66 Per Diluted Share

April 17, 2015 9:00 AM EDT

STAMFORD, Conn.--(BUSINESS WIRE)-- Synchrony Financial (NYSE: SYF) today announced first quarter 2015 net earnings of $552 million, or $0.66 per diluted share. Highlights for the quarter included:

Total platform revenue increased 5% from the first quarter of 2014 to $2.6 billion Loan receivables grew $4 billion, or 7%, from the first quarter of 2014 to $58 billion Purchase volume increased 10% from the first quarter of 2014 Extended a top 10 partnership-Amazon Announced a new top 40 partnership-Guitar Center Launched exclusive endorsement agreement with VSP, nations largest vision... More