Synchrony Financial Q2 Income Advances, Beats Estimates

(RTTNews) - Synchrony Financial (SYF) released a profit for its second quarter that increased from the same period last year and beat the Street estimates.

The company's earnings came in at $624 million, or $1.55 per share. This compares with $559 million, or $1.32 per share, in last year's second quarter.

Analysts on average had expected the company to earn $1.35 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Synchrony Financial earnings at a glance (GAAP) :

-Earnings (Q2): $624 Mln. vs. $559 Mln. last year. -EPS (Q2): $1.55 vs. $1.32 last year.