Ally Financial Q4 Adjusted Earnings Rise, Revenue Declines

MT Newswires Live
22 Jan

Ally Financial (ALLY) reported Q4 adjusted earnings Wednesday of $0.78 per share, up from $0.40 a year earlier.

Analysts polled by FactSet expected $0.57.

Revenue for the quarter, expressed as the sum of net financing revenue and other revenue, was $2.03 billion, compared with $2.08 billion a year earlier.

Analysts surveyed by FactSet expected $2.02 billion.

Shares of Ally were up over 5% in recent Wednesday premarket activity.

Price: 40.40, Change: +2.22, Percent Change: +5.81

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