Synovus Finl Q3 2024 Adj. EPS $1.23 Beats $1.08 Estimate, Sales $564.720M Beat $559.198M Estimate
Portfolio Pulse from Benzinga Newsdesk
Synovus Financial reported Q3 2024 earnings per share of $1.23, surpassing the analyst estimate of $1.08 and marking a 46.43% increase from the previous year. Sales reached $564.72 million, exceeding the $559.198 million estimate and showing a 2.62% year-over-year growth.
October 16, 2024 | 9:57 pm
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POSITIVE IMPACT
Synovus Financial's Q3 2024 earnings and sales exceeded analyst expectations, with EPS up 46.43% year-over-year and sales up 2.62%.
The significant beat on both EPS and sales, along with strong year-over-year growth, suggests positive investor sentiment and potential upward movement in SNV's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100