STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Synchrony Financial (SYF) on Wednesday reported third-quarter net income of $768 million.
On a per-share basis, the Stamford, Connecticut-based company said it had net income of $1.94.
The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.77 per share.
The consumer credit company posted revenue of $5.79 billion in the period. Its adjusted revenue was $4.61 billion, also topping Street forecasts. Nine analysts surveyed by Zacks expected $4.51 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SYF at https://www.zacks.com/ap/SYF
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