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Synchrony Financial Q1 Profit beats estimates

Synchrony Financial (SYF) released earnings for first quarter that beat the Street estimates.

The company's bottom line came in at $0.92 billion, or $1.77 per share. This compares with $1.01 billion, or $1.73 per share, in last year's first quarter.

Analysts on average had expected the company to earn $1.55 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Synchrony Financial earnings at a glance (GAAP) :

-Earnings (Q1): $0.92 Bln. vs. $1.01 Bln. last year.
-EPS (Q1): $1.77 vs. $1.73 last year.
-Analyst Estimates: $1.55

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