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Synchrony Reports Third Quarter 2024 Results
Prnewswire· 2024-10-16 10:00
STAMFORD, Conn., Oct. 16, 2024 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) today announced its third quarter 2024 results for the period ending September 30, 2024. The earnings news release and presentation can be found on the company's investor relations website at https://investors.synchrony.com/financial-results. Today at 8 a.m. ET, Brian Doubles, President and Chief Executive Officer, and Brian Wenzel Sr., Executive Vice President and Chief Financial Officer, will host a conference call to review th ...
Can Synchrony Navigate Lower Purchase Volume in Q3 Earnings?
ZACKS· 2024-10-14 19:05
Synchrony Financial (SYF) is set to report its third-quarter 2024 results on Oct. 16, before the opening bell. The Zacks Consensus Estimate for third-quarter earnings is currently pegged at $1.77 per share, implying growth of 19.6% from the year-ago reported number. The estimate was revised upward by one analyst in the past week against no movement in the opposite direction, resulting in an increase of 1 cent from $1.76 per share. The Zacks Consensus Estimate for third-quarter revenues is currently pegged a ...
Gear Up for Synchrony (SYF) Q3 Earnings: Wall Street Estimates for Key Metrics
ZACKS· 2024-10-11 14:20
Wall Street analysts forecast that Synchrony (SYF) will report quarterly earnings of $1.77 per share in its upcoming release, pointing to a year-over-year increase of 19.6%. It is anticipated that revenues will amount to $4.52 billion, exhibiting an increase of 3.5% compared to the year-ago quarter. The consensus EPS estimate for the quarter has undergone an upward revision of 3.5% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed t ...
Synchrony Streamlines Pet Care Payments With CareCredit Integration
ZACKS· 2024-10-09 18:15
Synchrony Financial (SYF) recently introduced a groundbreaking technology that connects its CareCredit health and wellness credit card with Pets Best pet insurance. This move is aimed at streamlining the pet care payment process. This first-of-its-kind integration allows pet parents to receive direct reimbursements for insurance claims on their CareCredit card, simplifying the traditionally complex process of paying for veterinary services. SYF and Independence Pet Holdings, Inc. aim to further expand this ...
Synchrony (SYF) Reports Next Week: Wall Street Expects Earnings Growth
ZACKS· 2024-10-09 15:03
Wall Street expects a year-over-year increase in earnings on higher revenues when Synchrony (SYF) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on October 16, 2024, might help the stock move higher if these key numbers are better than e ...
Synchrony Introduces First-of-its-Kind Technology Connecting Pet Insurance and CareCredit, Simplifying Pet Care Payment Process
Prnewswire· 2024-10-09 12:00
Industry innovation means CareCredit and Pets Best Pet Insurance work seamlessly together to provide pet parents with easy and flexible financial solution New reimbursement process to scale to additional IPH insurers in coming months STAMFORD, Conn., Oct. 9, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a leading consumer financing company, today announced the launch of a first-of-its-kind payment experience for pet parents. For consumers who have both CareCredit and Pets Best pet insurance, this simple and s ...
Here's Why You Should Retain Synchrony Financial Stock Now
ZACKS· 2024-10-07 18:26
Synchrony Financial (SYF) is well positioned for growth, driven by increasing net interest income, higher average loan receivables, and a decline in delinquencies. However, softer consumer spending could somewhat temper this progress. Synchrony Financial — with a market cap of $20.5 billion — is a premier consumer financial services company that offers a wide range of credit products. Courtesy of solid prospects, this Zacks Rank #3 (Hold) stock is worth retaining in your portfolio at the moment. SYF's Price ...
Synchrony Continues Commitment to Supporting Independent Veterinary Practices Through Partnership with PSIvet
Prnewswire· 2024-10-01 13:00
CareCredit Named Preferred Financing Solution for PSIvet Members, Extending Access to Convenient Financing Options STAMFORD, Conn., Oct. 1, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer finance company, is a strong supporter of independent veterinary practices and their roles in the communities they serve. Today, the company has announced that its CareCredit health and wellness credit card was selected as the preferred financing solution for PSIvet, a group purchasing organization (GPO) tha ...
Synchrony and DICK'S Sporting Goods Extend Partnership to Boost Growth
ZACKS· 2024-09-27 18:16
Synchrony Financial (SYF) recently announced a multi-year extension of its partnership with DICK'S Sporting Goods, Inc. (DKS) . This move highlights that both companies will continue enhancing services and experiences for the athlete community. Synchrony has been in partnership with DKS for the past two decades. This partnership is expected to build on the success of the DKS's ScoreRewards Credit Card program. This credit card program is intended to improve athletes' loyalty toward DKS's products by offerin ...
Synchrony to Announce Third Quarter 2024 Financial Results on October 16, 2024
Prnewswire· 2024-09-25 12:00
STAMFORD, Conn., Sept. 25, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) plans to report its third quarter 2024 results on Wednesday, October 16, 2024. The earnings release and presentation materials are scheduled to be released and posted to the Investor Relations section of the Company's website, www.investors.synchrony.com, at approximately 6:00 a.m. Eastern Time. A conference call to discuss Synchrony's results will be held at 8:00 a.m. Eastern Time on that day; the live audio webcast and replay can be acc ...