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

Ally Financial

22/01/2025 14:31

* 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