Recap: Synchrony Finl Q2 Earnings

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Synchrony Finl SYF reported its Q2 earnings results on Monday, July 18, 2022 at 06:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Synchrony Finl beat estimated earnings by 8.84%, reporting an EPS of $1.6 versus an estimate of $1.47.

Revenue was up $490.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.22 which was followed by a 1.67% increase in the share price the next day.

Here’s a look at Synchrony Finl’s past performance:

 








Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.55 1.47 1.52 1.39
EPS Actual 1.77 1.48 2 2.12
Revenue Estimate 3.59B 3.73B 3.57B 3.46B
Revenue Actual 3.79B 3.83B 3.66B 3.31B

To track all earnings releases for Synchrony Finl visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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Image and article originally from www.benzinga.com. Read the original article here.