Synchrony Reports Third Quarter Net Earnings of $313 Million or $0.52 Per Diluted Share
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Synchrony Financial (SYF) Misses Q3 EPS by 18c
October 20, 2020 6:31 AM EDTSynchrony Financial (NYSE: SYF) reported Q3 EPS of $0.52, $0.18 worse than the analyst estimate of $0.70.
Results included*:
Loan receivables decreased 6% to $78.5 billion, or 5% on a Core** basisInterest and fees on loans decreased 22% to $3.8 billion, or 12% on a Core basisPurchase volume decreased 6% to $36.0 billion, or flat on a Core basisAverage active accounts decreased 16% to 64.3 million, or 8% on a Core basisDeposits... More