Shares of Ally Financial Inc (ALLY) soared over 9% in Wednesday’s pre-market session after the company’s fourth-quarter earnings topped Wall Street estimates and net income more than doubled. Adjusted revenue stood at $2.
DETROIT (AP) — DETROIT (AP) — Ally Financial Inc. (ALLY) on Wednesday reported fourth-quarter earnings of $108 million. On a per-share basis, the Detroit-based company said it had net income of 26 cents. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were 78 cents per share.
Ally Financial (NYSE: ALLY) became a standalone company in 2014 when it was spun off from General Motors (NYSE: GM). This is actually pretty important because it speaks to Ally Financial's business model of making auto loans.
KBW analyst Sanjay Sakhrani maintained a Buy rating on Ally Financial (ALLY – Research Report) today and set a price target of $56.00. The
Ally Financial (ALLY) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus ...
CardWorks agreed to buy the business, including a $2.3 billion credit-card loan portfolio with 1.3 million active cardholders as of the end of last year, Ally said. Additional terms of the deal weren’t disclosed in a Wednesday statement, but Ally paid around $750 million for the business in 2021. Bloomberg reported on the pending sale in November.
Wall Street analysts expect Ally Financial (ALLY) to post quarterly earnings of $0.59 per share in its upcoming report, which indicates a year-over-year increase of 31.1%. Revenues are expected to ...
In a report released today, Brian Foran from Truist Financial maintained a Buy rating on Ally Financial (ALLY – Research Report). The company’s
JPMorgan analyst Richard Shane raised the firm’s price target on Ally Financial (ALLY) to $43 from $40 and keeps an Overweight rating on the
Ally Financial (ALLY) stock jumped 8.6%in Wednesday premarket trading after the lender posted stronger-than-expected Q4 results and announced an agreement to sell its card business.
For the quarter ended December 2024, Ally Financial (ALLY) reported revenue of $2.03 billion, down 2% over the same period last year. EPS came in at $0.78, compared to $0.45 in the year-ago quarter. The reported revenue represents a surprise of -1.
For its fourth fiscal quarter ended Dec. 31, Capital One posted adjusted earnings of $3.09 per share, beating Wall Street ... One Financial, Discover Financial, American Express and Ally Financial ...