Synchrony Q3: Profit Soars, Revenue Sags

Synchrony Financial's Q3 results: Profit soars 29% past estimates, but revenue growth remains sluggish. Despite beating profit expectations and a rising net interest margin, sales were flat, and efficiency metrics disappointed, causing a slight dip in share price. Is Synchrony's long-term potential enough to outweigh the mixed results?The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.