Earnings Preview For Ally Financial
Portfolio Pulse from Benzinga Insights
Ally Financial (NYSE:ALLY) is set to release its quarterly earnings report on July 19, 2023. Analysts estimate an EPS of $0.93. The company's past performance shows a pattern of share price changes following earnings reports. Last quarter, the company missed EPS by $0.05, resulting in a 3.9% drop in share price. The stock is currently trading at $27.6, down 16.57% over the last 52-week period.
July 18, 2023 | 3:03 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Ally Financial's upcoming earnings report could impact its stock price. Last quarter's EPS miss led to a 3.9% drop in share price. The stock is currently down 16.57% over the last 52-week period.
Ally Financial's stock price has shown to be sensitive to its earnings reports. Given the company's recent history of missing EPS estimates and the subsequent negative impact on its share price, there is a potential for a similar outcome if the company fails to meet the estimated EPS of $0.93 for the upcoming report. The stock's negative performance over the past year also suggests a bearish sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100