Synchrony (SYF) came out with quarterly earnings of $1.03 per share, beating the Zacks Consensus Estimate of $0.96 per share. This compares to earnings of $1.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.29%. A quarter ago, it was expected that this consumer credit company would post earnings of $1.44 per share when it actually produced earnings of $1.48, delivering a surprise of 2.78%.Over the last four quarters, the c ...

STAMFORD, Conn., Jan. 23, 2024 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) today announced its fourth quarter 2023 results for the period ending December 31, 2023. The earnings news release, financial tables and related materials can be found on the company's investor relations website at https://investors.synchrony.com/financial-results. Today at 8:00 AM ET, Brian Doubles, President and Chief Executive Officer, and Brian Wenzel Sr., Executive Vice President and Chief Financial Officer, will host a conf ...

In an age where consumers are grappling with ways to manage debt, but also finance the purchases they need, point-of-sale financing is gaining ground.To that end, and as announced last week, Synchrony will acquire Ally Financial’s point-of-sale financing arm. In terms of reach, Synchrony gets $2.2 billion of loan receivables, where the POS financing is already available at 2,500 merchant locations, and with 450,000 borrowers already in place.Specifically, the deal will give Synchrony greater scale in home i ...

Synchrony Financial (SYF) is set to acquire Ally Financial’s ALLY point-of-sale financing business. The deal encompasses a substantial portfolio, including $2.2 billion in loan receivables. It will establish Synchrony as a key player in the home improvement services and healthcare financing sectors. The acquired portfolio boasts connections with nearly 2,500 merchant locations and serves over 0.45 million active borrowers.The transaction, subject to customary closing conditions, is projected to be concluded ...

Synchrony Financial (SYF) has announced that it is pursuing a browser extension test for bringing about a streamlined checkout experience for its cardholders. This innovative idea was conceived during a “Bolt Session” with the Product Incubation Team of SYF, which is entrusted with the responsibility to make use of strategy, design and technology for devising products and solutions that accelerate business transformation. Its shares declined 1.9% on Jan 18, replicating declines in broader markets.A browser ...

Acquisition Enhances Synchrony's Reach and Scale in Home Improvement and Health and Wellness Financing; Sale Enables Ally To Invest Its Resources in Growing Scale Businesses and Strengthening Relationships with Dealer Customers and ConsumersSTAMFORD, Conn. and CHARLOTTE, N.C., Jan. 19, 2024 /PRNewswire/ -- Synchrony (NYSE: SYF) and Ally Financial Inc. (NYSE: ALLY), today announced that they have entered into a definitive agreement for Synchrony to acquire Ally's point of sale financing business including $2 ...

浏览器扩展 - Synchrony公司正在测试一款浏览器扩展，该扩展会在结账过程中自动提示持卡人使用Synchrony信用卡，并为该购买提供一个虚拟卡片[1] - 浏览器扩展的目标是为了增加Synchrony持卡人在Synchrony商家完成的销售额，同时简化顾客的在线购物体验，使其更快速、更便捷，最终为消费者提供最佳价值、奖励和忠诚度[1] 孵化团队 - Synchrony的孵化团队专注于构建产品和解决方案，以满足加速业务转型的高影响趋势的需求，通过数据驱动的方法和智能工作流程，团队快速设计、构建和测试最小可行产品(MVP)[3]

Synchrony (SYF) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on January 23. ...

Synchrony Financial (SYF) recently expanded its multi-year partnership with the leading California-based high-quality, personally fitted arch support manufacturer and retailer, The Good Feet Store. As a result of the renewal, SYF’s CareCredit health and wellness credit card can be availed as a payment option across the 250-plus retail outlets of The Good Feet Store.Customers will get access to varied and flexible financing options while purchasing products related to dental care, sleep care and personalized ...

合作协议 - Synchrony Financial与Destination Pet达成合作协议，为宠物主人提供CareCredit健康和健康卡[1] 收入增长预期 - SYF计划通过扩大CareCredit的使用范围来增加收入，预计2023年贷款应收款项将增长超过10%[2] 服务扩展 - CareCredit卡将允许宠物主人为服务如托儿所、寄养、训练、美容和兽医护理获得融资，扩大支付选项[3]