Investors with an interest in Financial - Miscellaneous Services stocks have likely encountered both Synchrony (SYF) and Virtu Financial (VIRT) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank puts an emph ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use fundamental analysis and traditional valuation metrics to fin ...

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J. Michael Jones Synchrony Financial (NYSE:SYF), a bank that specializes in consumer loans, announced its fourth quarter earnings on Tuesday. Last May, I wrote about how Synchrony's long-term debt, which yielded above 9% at the time, was a good investment. In November, I examined Synchrony's preferred shares (SYF.PR.A) which also yielded nearly 9%. While each of these investments has rallied in price, the company's preferred shares are still trading at an 8% yield and the longest-dated debt is trading at a ...

Synchrony Financial (SYF) reported fourth-quarter 2023 adjusted earnings per share (EPS) of $1.03, which beat the Zacks Consensus Estimate by 7.3%. However, the bottom line declined 18.3% year over year. Net interest income improved 8% year over year to $4,466 million, beating the consensus mark by 0.3%. SYF reported better-than-expected quarterly results benefiting from higher interest earned, thanks to a high- interest rate environment, expanding average loan receivables and elevated benchmark rates. Howe ...

Synchrony Financial (NYSE:SYF) Q4 2023 Earnings Call Transcript January 23, 2024 8:00 AM ET Company Participants Kathryn Miller - SVP of IR Brian Doubles - President and CEO Brian Wenzel - EVP and CFO Conference Call Participants Terry Ma - Barclays Rick Shane - JPMorgan Ryan Nash - Goldman Sachs Moshe Orenbuch - TD Cowen John Hecht - Jefferies Mihir Bhatia - Bank of America Sanjay Sakhrani - KBW Jeff Adelson - Morgan Stanley John Pancari - Evercore ISI Mark DeVries - Deutsche Bank Operator Good morning, an ...

Synchrony Financial posted fourth-quarter results that showed charge-offs increasing as management pointed to credit normalization in the months ahead, and said the firm was also gaining traction in Pay Later options offered at checkout.Supplemental materials released alongside earnings on Tuesday (Jan. 23) indicated that purchase volumes, overall, gained 3% to $49.3 billion.Loan receivables surged 11% to $103 billion.And the company noted that average active accounts were 5% higher at 71.5 million.Average ...

For the quarter ended December 2023, Synchrony (SYF) reported revenue of $4.47 billion, up 8.8% over the same period last year. EPS came in at $1.03, compared to $1.26 in the year-ago quarter.The reported revenue represents a surprise of +0.34% over the Zacks Consensus Estimate of $4.45 billion. With the consensus EPS estimate being $0.96, the EPS surprise was +7.29%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their n ...

January 23, 2024 4Q'23 FINANCIAL RESULTS Cautionary Statement Regarding Forward-Looking Statements This presentation contains certain forward-looking statements as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the "safe harbor" created by those sections. Forward-looking statements may be identified by words such as "expects," "intends," "anticipates," "plans," "believes," "seeks," "targets," "outlook ...

Synchrony (SYF) came out with quarterly earnings of $1.03 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $1.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.29%. A quarter ago, it was expected that this consumer credit company would post earnings of $1.44 per share when it actually produced earnings of $1.48, delivering a surprise of 2.78%.Over the last four quarters, the c ...