Ally Financial (NYSE:ALLY) reported its Q1 earnings results on Wednesday, April 19, 2023 at 07:25 AM.
Here’s what investors need to know about the announcement.
Earnings
Ally Financial missed estimated earnings by 5.75%, reporting an EPS of $0.82 versus an estimate of $0.87.
Revenue was down $163.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 20.01% increase in the share price the next day.
Here’s a look at Ally Financial’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1 | 1.77 | 1.86 | 1.95 |
| EPS Actual | 1.08 | 1.12 | 1.76 | 2.03 |
| Revenue Estimate | 2.05B | 2.17B | 2.19B | 2.13B |
| Revenue Actual | 2.16B | 2.09B | 2.22B | 2.21B |
To track all earnings releases for Ally Financial visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
