Consumer financial services company Synchrony Financial (NYSE:SYF) will be announcing earnings results this Tuesday before market hours. Here’s what you need to know.
Synchrony Financial missed analysts’ revenue expectations last quarter, reporting revenues of $3.79 billion, flat year on year. It was a mixed quarter for the company, with but a slight miss of analysts’ revenue estimates.
Is Synchrony Financial a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting Synchrony Financial’s revenue to grow 2% year on year, a reversal from the 22.5% decrease it recorded in the same quarter last year.
Synchrony Financial Total Revenue
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the…
