Recap: Synchrony Financial Q3 Earnings

Shares of Synchrony Financial SNV fell 1.7% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share fell 8.25% over the past year to $0.89, which beat the estimate of $0.52.

Revenue of $491,401,000 higher by 0.11% year over year, which beat the estimate of $469,670,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Synovus Finl hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Oct 20, 2020

Time: 08:30 AM

ET Webcast URL: https://services.choruscall.com/links/snv201020.html

Technicals

52-week high: $40.32

Company's 52-week low was at $10.91

Price action over last quarter: Up 19.22%

Company Profile

Synovus Financial operates dozens of community banks throughout Georgia, Alabama, Florida, Tennessee, and South Carolina. Concentrating in commercial loans and commercial real estate, the bank uses its small-town image to establish strong relationships with its small-business customers.