Can Synchrony Navigate Lower Purchase Volume in Q3 Earnings?

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 ...