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Rashmi Kumari

Synchrony Financials' Quarterly Earnings Preview: What You Need to Know

Synchrony Financial Synchrony SYF

Based in Stamford, Connecticut, Synchrony Financial (SYF) is a leading consumer financial services company. With a market cap of $20.03 billion, SYF provides various products, including credit cards, savings accounts, and loans. It partners with different retailers and businesses to offer tailored financial solutions and is known for its Synchrony-branded credit cards. The company is scheduled to announce its Q3 earnings before the market opens on Wednesday, Oct. 16.

Ahead of the event, analysts expect SYF to report a profit of $1.80 per share, up 21.6% from $1.48 in the year-ago quarter. In the last four quarters, the company has surpassed Wall Street’s bottom-line estimates in three and missed on another occasion.

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