Wall Street analysts expect Synchrony (SYF) to post quarterly earnings of $1.66 per share in its upcoming report, which indicates a year-over-year increase of 40.7%. Revenues are expected to be $4.55 billion, up 3.4% from the year-ago quarter.Over the last 30 days, there has been a downward revision of 6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Pr ...

Core Viewpoint - Synchrony Financial has extended its partnership with Ashley, North America's largest furniture store brand, to continue providing exclusive financing options for Ashley customers, enhancing customer experience and driving growth [1][2][5]. Group 1: Partnership Details - The renewed agreement allows Synchrony to remain the exclusive financing provider for Ashley, offering various promotional financing options including deferred interest plans and fixed monthly payment solutions with terms from six to 72 months [2][4]. - The partnership extends to over 750 independent Ashley licensee locations, ensuring broad access to Synchrony's financing program [2]. Group 2: Benefits and Growth Potential - The partnership is expected to leverage advanced data analytics to improve insights into consumer behavior and promotional effectiveness, which can enhance overall program performance [3]. - Synchrony plans to invest in technology to provide a seamless credit application experience across both physical and digital shopping platforms, catering to evolving consumer needs [4]. - The renewal is anticipated to strengthen customer relationships, potentially leading to increased credit lines, repeat sales, and higher customer lifetime value [5]. Group 3: Financial Impact - Increased utilization of the Ashley Advantage Credit Card may result in growth in interest and fees from Synchrony's Home & Auto sales platform, which accounted for 27% of SYF's total interest and fees on loans for 2024 [6]. - Synchrony Financial's shares have increased by 17.7% over the past year, outperforming the industry average growth of 0.1% [7].

Core Insights - Synchrony and Ashley have renewed their strategic partnership to enhance retail growth and provide flexible financing options for consumers [1][4][6] - The partnership, which began in 2010, has enabled millions of Ashley customers to finance their purchases through the Ashley Advantage™ Credit Card [2][3] - Synchrony remains the exclusive financing provider for Ashley, offering various promotional financing terms ranging from six to 72 months [3][4] Partnership Benefits - The renewed partnership aims to improve customer accessibility to home furnishings through innovative financing solutions and data-driven marketing initiatives [4][8] - Synchrony will continue to invest in technology to ensure a seamless credit application process across Ashley's in-store and digital platforms [8] - Advanced data and analytics will empower Ashley's corporate and licensee networks to make strategic decisions that enhance customer retention and conversion [8] Company Profiles - Ashley is the largest furniture store brand in North America, with over 1,100 store locations in 70 countries [7] - Synchrony is a premier consumer financial services company, providing a comprehensive suite of digitally enabled products across various industries [9]

Synchrony Financial (NYSE: SYF ), once spun off from General Electric, is known for its store credit cards and payment solutions for retailers. The current economic climate with high interest rates, high expected inflation, and cautious consumers makes it a challenging situationI'm a passionate investor from the Netherlands with 12 years of stock market experience. My articles usually contain a good overview of important investment criteria. A stock for my portfolio is of interest to me if the company has t ...

Consumer financial services company Synchrony Financial (SYF) is gaining attention as its earnings estimates for 2025 and 2026 have moved higher over the past week. The company delivered a strong fourth-quarter 2024 performance, driven by increased interest and fees on loans and an expanding loan receivables portfolio. Lower expenses also benefited the results, leading to an improved efficiency ratio in the fourth quarter.Analysts Turn Bullish on SynchronyWall Street analysts are turning bullish on the stoc ...

STAMFORD, Conn., April 8, 2025 /PRNewswire/ -- Synchrony, (NYSE: SYF), a premier consumer financial services company, today announced a new integration with Adobe Commerce to help merchants grow their business by offering more flexibility and choice in financing to their customers. In today's competitive market, the ability to provide customers with longer-duration, convenient payment options is essential. With this integration, thousands of merchants that host websites on Adobe Commerce can offer the Synch ...

Core Insights - Synchrony, a leading consumer financial services company, celebrated the blooming of daffodils in Downtown Stamford, reflecting its commitment to community engagement and beautification efforts [1][2] - The company announced over $1.5 million in grants to local nonprofits aimed at enhancing parks, supporting youth education, and providing health and human services, thereby improving the quality of life for Stamford residents [2][3] - Synchrony has been recognized as the number 2 Best Company to Work For in the U.S. by Fortune magazine and Great Place to Work, highlighting its impact on employees and local communities [4] Community Engagement - The daffodil planting initiative is part of Synchrony's broader strategy to give back to the city where its employees live and work, showcasing its dedication to community development [1][5] - Mayor Caroline Simmons expressed gratitude for Synchrony's contributions, emphasizing the lasting impact of the company's support on local parks and small businesses [5] Financial Contributions - The grants provided by Synchrony are intended to enhance local parks, support educational initiatives, and offer essential health and human services, demonstrating the company's commitment to improving community welfare [3][5] - Synchrony also engages in various initiatives, such as the "Doubles Dive" polar plunge, to raise funds for local nonprofits, further illustrating its active role in community support [5] Company Overview - Synchrony offers a comprehensive suite of digitally-enabled financial products across various industries, including retail, health, and telecommunications, connecting partners and consumers through a dynamic financial ecosystem [7] - The company focuses on delivering tailored financing solutions and innovative digital capabilities to meet the specific needs of its diverse clientele [7]

Employee Co-Design Spurs Innovation and Business Success 94% of U.S. Employees Say Synchrony is a Great Place to WorkSTAMFORD, Conn., April 2, 2025 /PRNewswire/ -- Celebrating its people-centric culture that expands access to credit for consumers and helps businesses thrive, Synchrony (NYSE: SYF) was named today by Fortune magazine and Great Place to Work® as the number 2 Best Company to Work For® in the U.S. Hear from Synchrony employees. Synchrony celebrates its people-centric culture that expa ...

About Synchrony Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry's most complete digitally-enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoor, pet and more. We have an established and diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare ser ...

U.S. consumers are pulling back on spending due to persistent inflation and growing concerns about the broader economic outlook, according to consumer financial services company Synchrony Financial (SYF) . Max Axler, the company’s chief credit officer, told Reuters thatpurchase volumes have declined across the industry as individuals, regardless of income level, become more selective about their spending habits.While consumers' finances remain generally stable, they are accumulating more debt, and delinquen ...