Ally Financial (NYSE:ALLY) reported its Q2 earnings results on Tuesday, July 19, 2022 at 07:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Ally Financial missed estimated earnings by 5.38%, reporting an EPS of $1.76 versus an estimate of $1.86.
Revenue was up $77.00 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 4.96% drop in the share price the next day.
Here’s a look at Ally Financial’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.95 | 1.95 | 1.95 | 1.46 |
| EPS Actual | 2.03 | 2.02 | 2.16 | 2.33 |
| Revenue Estimate | 2.13B | 2.05B | 2.02B | 1.87B |
| Revenue Actual | 2.21B | 2.20B | 2.11B | 2.15B |
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.
