Synchrony Financial Stock News

Synchrony Financial reported Friday fourth-quarter profit that matched expectations while net interest income rose above forecasts, boosted by by record purchase volume and loan growth across all sales platforms. The consumer financial services company''s stock was still inactive in premarket trading. Net income rose to $803 million, or $1.48 a share, from $728 million, or $1.24 a share, in the year-ago period. The results included a per-share 14 cent post-tax benefit of 14 cents due to reserve reductions. The FactSet consensus for earnings per share was $1.48. Net interest income grew 4.7% to $3.83 billion, above the FactSet consensus of $3.74 billion, as net interest margin of 15.77% topped expectations of 15.45%. Purchase volume increased 18% to $47.1 billion and loans grew 4% to $85.1 billion. New accounts increased 20% to 7.3 million. The stock has lost 5.2% over the past three months, while the SPDR Financial Select Sector ETF has declined 5.4% and the S&P 500 has dropped 5.9%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.

Synchrony Financial press release (SYF): Q4 Non-GAAP EPS of $1.34 misses by $0.07.Revenue of $2.73B (+1.5% Y/Y) beats by $130M.Purchase volume increased 18% to $47.1 billionLoans

Synchrony (SYF) delivered earnings and revenue surprises of 0.68% and 2.36%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Synchrony Financial SYF, -2.09% reported Friday fourth-quarter profit that matched expectations while net interest income rose above forecasts, boosted by by record purchase volume and loan growth acr

Synchrony Financial (NYSE:SYF) is scheduled to announce Q4 earnings results on Friday, January 28th, before market open.The consensus EPS Estimate is $1.41 (+13.7% Y/Y) and the…

Synchrony Financial's (SYF) fourth-quarter results are likely to reflect higher revenues and better purchase volumes.

Synchrony (SYF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Synchrony Financial (SYF) forms a relationship with Pawlicy Advisor to provide simple financing options to pet parents for their pets' medical needs.

Synchrony Financial has seen a complete rebound from 2020 lows.

Synchrony is seeing strong business metrics and is benefitting from higher interest rates and robust demand for consumer credit.

Investors need to pay close attention to Synchrony Financial (SYF) stock based on the movements in the options market lately.

With so many investors piling into purely growth-focused entities, it's time to rotate into value stocks to buy for January 2022. The post 7 Best Value Stocks to Buy for January appeared first on Inve

STAMFORD, Conn., Jan. 4, 2022 /PRNewswire/ -- Synchrony (NYSE: SYF) plans to report its fourth quarter 2021 results on Friday, January 28, 2022.

Synchrony Financial (SYF) is well-poised for growth, attributable to several growth-related initiatives, a strong CareCredit platform, reduced operating costs and prudent capital-deployment efforts.

Investors can plug into these solid, resilient companies for little more than a song.