Synchrony Financial (SYF) Tops Q4 EPS by 8c

Go back to Synchrony Financial (SYF) Tops Q4 EPS by 8c

Synchrony Financial Reports Fourth Quarter Net Earnings of $731 Million or $1.15 Per Diluted Share

January 24, 2020 6:00 AM EST

STAMFORD, Conn., Jan. 24, 2020 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) today announced fourth quarter 2019 net earnings of $731 million, or $1.15 per diluted share; this includes a $38 million pre-tax, $28 million after-tax, or $0.05 per diluted share benefit from a reduction in the reserve related to the sale of the Walmart consumer portfolio, which was completed in October. Highlights included*.

... More