Synchrony Reports Second Quarter Net Earnings of $48 Million or $0.06 Per Diluted Share
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Synchrony Financial (SYF) Misses Q2 EPS by 9c
July 21, 2020 6:34 AM EDTSynchrony Financial (NYSE: SYF) reported Q2 EPS of $0.06, $0.09 worse than the analyst estimate of $0.15.
Loan receivables decreased 4% to $78.3 billion, or 3% on a Core** basisInterest and fees on loans decreased 18% to $3.8 billion, or 7% on a Core basisPurchase volume decreased 19% to $31.2 billion, or 13% on a Core basisAverage active accounts decreased 14% to 65 million, or 5% on a Core basisDeposits decreased $1.5 billion, or 2%, to... More