Recap: Synchrony Finl Q1 Earnings

  Synchrony Finl (NYSE:SYF) reported its Q1 earnings results on Monday, April 18, 2022 at 06:00 AM. Here's what investors need to know about the announcement.

 

Synchrony Finl (NYSE:SYF) reported its Q1 earnings results on Monday, April 18, 2022 at 06:00 AM.

Here’s what investors need to know about the announcement.

Earnings

Synchrony Finl beat estimated earnings by 14.19%, reporting an EPS of $1.77 versus an estimate of $1.55.

Revenue was up $350.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 6.75% drop in the share price the next day.

Here’s a look at Synchrony Finl’s past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 1.47 1.52 1.39 1.38
EPS Actual 1.48 2 2.12 1.73
Revenue Estimate 3.73B 3.57B 3.46B 3.62B
Revenue Actual 3.83B 3.66B 3.31B 3.44B

To track all earnings releases for Synchrony Finl visit their earnings calendar here..

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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