Synchrony Financial (SYF) revealed a profit for its third quarter that Increased, from the same period last year and beat the Street estimates.
The company's bottom line totaled $1.057 billion, or $2.86 per share. This compares with $768 million, or $1.94 per share, last year.
Analysts on average had expected the company to earn $2.21 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 0.2% to $3.823 billion from $3.814 billion last year.
Synchrony Financial earnings at a glance (GAAP) :
-Earnings: $1.057 Bln. vs. $768 Mln. last year.-EPS: $2.86 vs. $1.94 last year.-Revenue: $3.823 Bln vs. $3.814 Bln last year.
For comments and feedback contact: editorial@rttnews.com
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.