Ally Financial Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
22 Jan
Ally Financial Inc reports results for the quarter ended December 31 - Earnings Summary
  • Ally Financial Inc ALLY.N reported quarterly adjusted earnings of 78 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 45 cents. The mean expectation of nineteen analysts for the quarter was for earnings of 57 cents per share. Wall Street expected results to range from 31 cents to 95 cents per share.

  • Revenue fell 2% to $2.03 billion from a year ago; analysts expected $2.02 billion.

  • Ally Financial Inc's reported EPS for the quarter was 26 cents​.

  • The company reported quarterly net income of $81 million.

  • Ally Financial Inc shares had risen by 6.0% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 7.1% in the last three months.​

  • In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 8 "hold" and 1 "sell" or "strong sell."

  • The average consensus recommendation for the consumer lending peer group is also "buy"

Wall Street's median 12-month price target for Ally Financial Inc is $41.00

This summary was machine generated from LSEG data January 22 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

0.57

0.78

Beat

Sep. 30 2024

0.53

0.95

Beat

Jun. 30 2024

0.64

0.97

Beat

Mar. 31 2024

0.33

0.45

Beat

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