Why Is Synchrony (SYF) Down 9.7% Since Last Earnings Report?

A month has gone by since the last earnings report for Synchrony (SYF) . Shares have lost about 9.7% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Synchrony due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Synchrony Q2 Earnings Beat Estimates on Expense Manageme ...