— Synchrony Financial (NYSE: SYF) reported Q3 2019 earnings of $1.60 per share vs. $1.13 per share expected.
— Net interest income grew 4% to $4.4 billion vs. $4.3 billion expected.
— Average active accounts grew 2% to 76.7 million.
— Deposits grew 6% to $66 billion.
— Return on assets was 3.9% and return on equity was 28.3%.
— Net interest margin was 16.29%.
— Efficiency ratio was 30.8%.
— Net charge-offs, as a percentage of total average loan receivables, were 5.35% compared to 4.97% last year.
— Shares were up 0.12% in premarket hours on Friday.
Thermo Fisher Scientific Inc. (NYSE: TMO) announced fourth-quarter 2022 financial results, reporting a double-digit fall in adjusted earnings and an increase in revenues. Fourth-quarter revenues increased 7% annually to $11.5
Altria Group Inc. (NYSE: MO) reported fourth quarter 2022 earnings results today. Net revenues decreased 2.3% year-over-year to $6.1 billion. Net earnings attributable to Altria increased 65.6% to $2.6 billion
Semiconductor company Advanced Micro Devices, Inc. (NASDAQ: AMD) reported a decline in fourth-quarter earnings, despite an increase in revenues. Earnings, excluding special items, dropped to $0.69 per share in the