Synchrony Raised FY24 EPS Outlook To $8.45 - $8.55 From $7.60 – $7.80 Vs. $7.25 Est.
Portfolio Pulse from Benzinga Newsdesk
Synchrony Financial has raised its FY24 EPS outlook to a range of $8.45 - $8.55, up from the previous range of $7.60 - $7.80, and above the estimated $7.25.
October 16, 2024 | 10:04 am
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Synchrony Financial has increased its FY24 EPS guidance to $8.45 - $8.55, which is higher than both its previous guidance and market estimates. This suggests strong financial performance and could positively impact the stock price.
The increase in EPS guidance indicates that Synchrony Financial expects better-than-anticipated financial performance. This is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100