STAMFORD, Conn. (AP) — STAMFORD, Conn. (AP) — Synchrony Financial (SYF) on Tuesday reported second-quarter earnings of $885 million.
On a per-share basis, the Stamford, Connecticut-based company said it had profit of $2.59.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.08 per share.
The consumer credit company posted revenue of $5.58 billion in the period. Its adjusted revenue was $4.61 billion, which missed Street forecasts. Five analysts surveyed by Zacks expected $4.66 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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