WASHINGTON (dpa-AFX) - 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.
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