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It has been about a month since the last earnings report for Synchrony (SYF). Shares have added about 6.6% in that time frame, outperforming the S&P 500. Will the recent positive trend continue ...
Synchrony's quarterly purchase volume - a measure of customer spending - fell 2%. Its revenue came in at $3.65 billion in the second quarter, compared with $3.71 billion a year ago.
Synchrony’s total revenue or net interest income for the second quarter increased by 2.6% year-over-year to $4.52 billion, surpassing the consensus analyst estimate of $4.51 billion.
We have seen 437 institutional investors add shares of SYNCHRONY FINANCIAL stock to their portfolio, and 356 decrease their positions in their most recent quarter.