Synchrony Q4 Earnings Beat Estimates on Improved Efficiency

Synchrony Financial (SYF) reported fourth-quarter 2024 adjusted earnings per share (EPS) of $1.91, which beat the Zacks Consensus Estimate of $1.90. The bottom line also increased from $1.03 per share a year ago.See the Zacks Earnings Calendar to stay ahead of market-making news. Net interest income improved 2.7% year over year to $4.6 billion in the fourth quarter. However, it missed the consensus mark by a whisker.The strong quarterly earnings were supported by increased interest and fees on loans and an  ...