HALISTER1: Synchrony 1Q EPS Misses Lowest Est.

Synchrony 1Q EPS Misses Lowest Est.

(Bloomberg) -- Synchrony 1Q EPS 61c, est. 73c (range 67c-76c)
  • 1Q net interest margin 16.2%, est. 16.05%
  • 1Q purchase volume +7%
  • 1Q efficiency ratio 30.3%
  • 1Q loan receivables growth +11%
  • 1Q deposit growth +15%
  • 1Q net charge-offs $974m, est. $929.7m
  • 1Q provision for loan losses $1.31b, est. $1.03b
NOTE:
  • 23 buys, 4 holds, 0 sells before today
  • Call 8:30am (NY time), (888)-424-8151 pw 12017
Statement

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
SYF US (Synchrony Financial)

People
Brian Doubles (Synchrony Financial)
Margaret Keane (Synchrony Financial)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283