Synchrony Beats Q2 Earnings Estimates, Raises 2026 EPS Outlook

Earnings
โดย Zacks Investment Research·US·Read original
Summary · why it matters

Synchrony reported second-quarter 2026 adjusted earnings per share of $2.59, beating the Zacks Consensus Estimate by 24.5% and rising 3.6% year over year. Net interest income increased 1.9% to $4.6 billion, while total loan receivables grew 2.4% to $102.2 billion and purchase volume rose 8.1% to $49.8 billion. The company narrowed its 2026 EPS guidance to $9.25 to $9.50 from $9.10 to $9.50, raising the lower end. Synchrony returned $950 million to shareholders through buybacks and dividends, with $5.7 billion remaining under its repurchase authorization. Since the earnings release, the consensus estimate has shifted down 6.95%, and the stock carries a Zacks Rank of 3, indicating a hold.

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