Synchrony Financial (SYF) released earnings for fourth quarter that decreased from last year but beat the Street estimates.
The company's bottom line came in at $567 million, or $1.26 per share. This compares with $803 million, or $1.48 per share, in last year's fourth quarter.
Analysts on average had expected the company to earn $1.12 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
Synchrony Financial earnings at a glance (GAAP) :
-Earnings (Q4): $567 Mln. vs. $803 Mln. last year.
-EPS (Q4): $1.26 vs. $1.48 last year.
-Analyst Estimates: $1.12
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