Synchrony Financial Profit Advances In Q2, Beats Estimates

(RTTNews) - Synchrony Financial (SYF) revealed earnings for its second quarter that Increases, from the same period last year and beat the Street estimates.

The company's bottom line totaled $946 million, or $2.50 per share. This compares with $624 million, or $1.55 per share, last year.

Analysts on average had expected the company to earn $1.79 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 1.8% to $3.647 billion from $3.712 billion last year.

Synchrony Financial earnings at a glance (GAAP) :

-Earnings: $946 Mln. vs. $624 Mln. last year. -EPS: $2.50 vs. $1.55 last year. -Revenue: $3.647 Bln vs. $3.712 Bln last year.