STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Synchrony Financial (SYF) on Tuesday reported second-quarter earnings of $967 million.
On a per-share basis, the Stamford, Connecticut-based company said it had net income of $2.50.
The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.72 per share.
The consumer credit company posted revenue of $5.59 billion in the period. Its adjusted revenue was $4.52 billion, also beating Street forecasts. Thirteen analysts surveyed by Zacks expected $4.5 billion.
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