Ally Financial Inc. Q1 Earnings Summary

Below are the earnings highlights for Ally Financial Inc. (ALLY):

Earnings: -$253 million in Q1 vs. $115 million in the same period last year.
EPS: -$0.82 in Q1 vs. $0.37 in the same period last year.
Excluding items, Ally Financial Inc. reported adjusted earnings of $179 million or $0.58 per share for the period.

Analysts projected $0.42 per share
Revenue: $1.541 billion in Q1 vs. $1.998 billion in the same period last year.

The company recorded first-quarter insurance written premiums of $385 million, up 9 percent year over year.

Retail deposits stood at $146.1 billion, up $0.9 billion year over year. Total deposits were $151.4 billion.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com