Categories Earnings, Finance

Ally Financial (ALLY): Q4 2019 Earnings Snapshot

— Ally Financial Inc. (NYSE: ALLY) reported Q4 2019 earnings of $0.95 per share, vs. $0.93 expected.

— Revenues grew 14% to $1.6 billion, vs. $1.6 billion expected.

— Retail auto application flow was 2.9 million, up 7% year-over-year.  

— Consolidated cash and cash equivalents totaled $3.6 billion at quarter-end.

— ALLY shares were up 3% in premarket hours on Wednesday.

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Also Read:  Key factors to watch when Snap (SNAP) reports Q4 results

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