Synchrony Finl (NYSE:SYF) will release its quarterly earnings report on Wednesday, 2024-10-16. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Synchrony Finl to report an earnings per share (EPS) of $1.79.
Anticipation surrounds Synchrony Finl's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Historical Earnings Performance
During the last quarter, the company reported an EPS beat by $0.20, leading to a 2.66% drop in the share price on the subsequent day.
Synchrony Finl Share Price Analysis
Shares of Synchrony Finl were trading at $53.69 as of October 14. Over the last 52-week period, shares are up 80.9%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analyst Observations about Synchrony Finl
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Synchrony Finl.
The consensus rating for Synchrony Finl is Neutral, based on 9 analyst ratings. With an average one-year price target of $54.22, there's a potential 0.99% upside.
Peer Ratings Comparison
The below comparison of the ...
