Picture of Ally Financial logo

ALLY Ally Financial News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsBalancedLarge CapSuper Stock

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

Ally Financial Inc ALLY.N reported quarterly adjusted earnings of 58 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 45 cents.  The mean expectation of twenty analysts for the quarter was for earnings of 42 cents per share. Wall Street expected results to range from 29 cents to 58 cents per share.

Revenue fell 22.4% to $1.54 billion from a year ago; analysts expected $1.99 billion.

Ally Financial Inc's reported EPS for the quarter was a loss of 82 cents​.

The company reported a quarterly loss of $253 million.

Ally Financial Inc shares had fallen by 11.8% this quarter and lost 10.6% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 25.1% in the last three months.​

In the last 30 days, fourteen analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 6 "hold" and 2 "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 April 17 at 01:31 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.420.58Beat
Dec. 31 20240.570.78Beat
Sep. 30 20240.530.95Beat
Jun. 30 20240.640.97Beat

Recent news on Ally Financial

See all news