Synchrony Financial Drops 3% Following Q4 Results
From Barchart: 2025-01-28 10:10:00
Synchrony Financial (NYSE:SYF) shares fell over 3% pre-market after announcing fourth-quarter earnings. The company exceeded analyst expectations with adjusted EPS of $1.91 but missed revenue projections at $3.8 billion. Net earnings rose 76% to $774 million, driven by a decrease in credit loss provisions. Synchrony credits its diverse product portfolio and technology for its success moving forward into 2025.
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