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Synchrony Collaborates With Pet Paradise, Expands CareCredit Offering
ZACKS· 2025-01-16 15:51
Synchrony Financial (SYF) recently announced its partnership with Pet Paradise, a pet care provider, to expand access to a plethora of care for pets. Through this partnership, SYF’s CareCredit health and wellness credit card can be used to pay for services like day camp packages, dog training, and extended boarding stays at 60 Pet Paradise locations by 2025-end.With this partnership, SYF is solidifying its position as the preferred financing solution for pet parents by expanding its reach with Pet Paradise. ...
Paradise for Pets, Peace of Mind for Pet Parents: Synchrony's CareCredit Expands to Pet Paradise Resorts Nationwide
Prnewswire· 2025-01-15 14:00
CareCredit can be used to pay for services from dog training to vet care at Pet Paradise resorts.STAMFORD, Conn., Jan. 15, 2025 /PRNewswire/ -- Synchrony (NYSE: SYF), a leading consumer financial services company, and Pet Paradise, a premium pet care provider, today announced a new partnership designed to make access to an assortment of care easier for pet parents.  By the end of year, the CareCredit health and wellness credit card will be available to be used at all 60 Pet Paradise locations nationwide to ...
Why Synchrony (SYF) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-01-10 18:15
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Synchrony (SYF) , which belongs to the Zacks Financial - Miscellaneous Services industry, could be a great candidate to consider.This consumer credit company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 12.21%.For the las ...
Synchrony to Announce Fourth Quarter 2024 Financial Results on January 28, 2025
Prnewswire· 2025-01-07 13:00
STAMFORD, Conn., Jan. 7, 2025 /PRNewswire/ -- Synchrony (NYSE: SYF) plans to report its fourth quarter 2024 results on Tuesday, January 28, 2025. 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 acces ...
Synchrony Financial: An Attractive Play On Positive Catalysts
Seeking Alpha· 2024-12-27 18:49
I have always been interested in the financial sector. But up until a couple of years ago, I only dipped my toes in it slightly. Over time, I have gotten much more comfortable with the industry and, while I do believe that it has certainCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth c ...
Synchrony Extends Consumer Credit Card Issuing Agreement with Chevron, Celebrates 17 Years of Innovative Financial Solutions for Consumers
Prnewswire· 2024-12-18 14:00
Synchrony Continues as Exclusive Issuer of the Techron Advantage Credit Card for Chevron and Texaco Customers STAMFORD, Conn., Dec. 18, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, today announced the extension of their collaboration with Chevron U.S.A. Inc., a wholly owned subsidiary of Chevron Corporation (NYSE: CVX), on the Techron Advantage Credit Card program. The amendment by the parties of their existing agreement to extend the term builds upon the succes ...
Synchrony Collaborates With Daybreak, Expands CareCredit Offering
ZACKS· 2024-12-04 19:05
Partnership Overview - Synchrony Financial (SYF) announced a three-year partnership with Daybreak, a provider of at-home sleep health solutions, allowing customers to use Synchrony's CareCredit card for flexible financing of Daybreak's FDA-cleared sleep apnea devices and diagnostic kits [1] - The partnership aligns with Synchrony's strategy to expand its health and wellness offerings, tapping into a growing market that prioritizes sleep health as a foundation for overall well-being [3] Market Opportunity - Sleep disorders affect approximately 50-70 million Americans, creating a significant market opportunity for accessible and cost-effective solutions [2] - Traditional in-lab sleep studies often involve high out-of-pocket expenses, making Daybreak's at-home solutions combined with CareCredit financing a more accessible option for consumers [2] Financial Impact - Health and Wellness accounted for 17.3% of Synchrony's total interest and fees on loans in Q3 2024 [4] - The partnership is expected to aid Synchrony in increasing period-end loan receivables and interest and fees on loans, especially as the Health and Wellness segment's purchase volumes declined 3% year-over-year in Q3 2024 [5] Stock Performance - Synchrony's shares have gained 56.9% in the past six months, outperforming the industry's 22.5% growth [6] Industry Context - Synchrony currently holds a Zacks Rank 1 (Strong Buy), indicating strong market confidence in its performance [7] - Other top-ranked stocks in the finance space include ProAssurance Corporation (PRA), Kemper Corporation (KMPR), and CNO Financial Group, Inc (CNO), with PRA also holding a Zacks Rank 1 and KMPR and CNO carrying a Zacks Rank 2 (Buy) [7]
Synchrony's CareCredit and Daybreak Partner to Provide Better Sleep for Americans
Prnewswire· 2024-12-03 14:00
CareCredit health and wellness credit card now accepted as a payment option for Daybreak's sleep testing-kits and sleep apnea deviceSTAMFORD, Conn., Dec. 3, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, and Daybreak, a top-provider of full at-home sleep testing kits and custom-fit sleep apnea devices, have extended flexible financing to customers interested in Daybreak's products. With an estimated 50-70 million Americans currently living with ongoing sleep disor ...
Synchrony to Participate in the 2024 Goldman Sachs Financial Services Conference
Prnewswire· 2024-12-03 13:00
STAMFORD, Conn., Dec. 3, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) President and Chief Executive Officer, Brian D. Doubles, and Chief Financial Officer, Brian J. Wenzel, will participate in a fireside chat at the 2024 Goldman Sachs Financial Services Conference on Tuesday, December 10, 2024 at 8:00 a.m. (Eastern Time).A live webcast and replay will be made available on the Synchrony Investor Relations website at www.investors.synchrony.com. About SynchronySynchrony (NYSE: SYF) is a premier consumer financi ...
Synchrony (SYF) Is Up 1.87% in One Week: What You Should Know
ZACKS· 2024-11-22 18:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...