Ally Financial Inc. Reports Advance In Q4 Profit

(RTTNews) - Ally Financial Inc. (ALLY) revealed a profit for its fourth quarter that increased from last year

The company's earnings totaled $81 million, or $0.26 per share. This compares with $35 million, or $0.11 per share, last year.

Excluding items, Ally Financial Inc. reported adjusted earnings of $0.78 per share for the period.

The company's revenue for the period rose 3.6% to $2.088 billion from $2.015 billion last year.

Ally Financial Inc. earnings at a glance (GAAP) :

-Earnings: $81 Mln. vs. $35 Mln. last year. -EPS: $0.26 vs. $0.11 last year. -Revenue: $2.088 Bln vs. $2.015 Bln last year.