WASHINGTON (dpa-AFX) - Synchrony Financial (SYF) revealed a profit for its third quarter that Increased, from the same period last year and beat the Street estimates.
The company's bottom line totaled $1.057 billion, or $2.86 per share. This compares with $768 million, or $1.94 per share, last year.
Analysts on average had expected the company to earn $2.21 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 0.2% to $3.823 billion from $3.814 billion last year.
Synchrony Financial earnings at a glance (GAAP) :
-Earnings: $1.057 Bln. vs. $768 Mln. last year. -EPS: $2.86 vs. $1.94 last year. -Revenue: $3.823 Bln vs. $3.814 Bln last year.
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