Synchrony (SYF) Q1 Earnings and Revenues Lag Estimates

Synchrony (SYF) came out with quarterly earnings of $1.18 per share, missing the Zacks Consensus Estimate of $1.37 per share. This compares to earnings of $1.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -13.87%. A quarter ago, it was expected that this consumer credit company would post earnings of $0.96 per share when it actually produced earnings of $1.03, delivering a surprise of 7.29%.Over the last four quarters, the ...