Synchrony Financial (SYF) Tops Q3 EPS by 3c

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Synchrony Financial Reports Third Quarter Net Earnings of $574 Million or $0.69 Per Diluted Share

October 16, 2015 9:00 AM EDT

STAMFORD, Conn.--(BUSINESS WIRE)-- Synchrony Financial (NYSE: SYF) today announced third quarter 2015 net earnings of $574 million, or $0.69 per diluted share. Highlights for the quarter included:

Total platform revenue increased 9% from the third quarter of 2014 to $2.7 billion Loan receivables grew $7 billion, or 12%, from the third quarter of 2014 to $64 billion Purchase volume increased 12% from the third quarter of 2014 Renewed PayPal, a top 10 partnership, and Sleepys Signed new partners - Citgo and The Container Store... More