Synchrony Financial (NYSE: SYF) is scheduled to reveal its financial results for the third quarter on Wednesday 16th October 2024. This disclosure will take place before market open, providing investors with significant information regarding the company's performance in the last three months period.
The latest projections from financial analysts on Wall Street suggest that the firm is likely to reveal an estimated $1.79 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $4.49 billion for the period.
Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $17.82 billion. Additionally, they expect the company to reach profit of $7.79 per share for the fiscal year.
In comparison to the same quarter of the prior year, the company's financial statement showcased a per share of income of $1.48. This was credited to the company's total revenue, which reached an impressive $4362 million in that particular timeframe.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.55 | +17.4% | 4.41 B | +6.9% |
| Q1 2024 | $1.18 | -12.6% | 4.41 B | +8.7% |
| Q4 2023 | $1.03 | -18.3% | 4.47 B | +8.8% |
| Q3 2023 | $1.48 | +0.7% | 4.36 B | +11.0% |
| Q2 2023 | $1.32 | -17.5% | 4.12 B | +8.4% |
| *Growth on year-over-year basis | ||||
SYF will host a conference call with investment community on 16th October 2024 at 08:00 AM eastern time to discuss the financial results.
Throughout Monday's trading, Synchrony Financial (SYF) shares fluctuated between $52.63 and $53.92, with a trading volume of 3.13 million shares. The stock ended the regular trading session at $53.69, indicating a rise of 1.02 percent.