Synchrony Financial Q4 Income Retreats, but beats estimates

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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