Brace yourselves for the unveiling of Ally Financial's (NYSE: ALLY) third quarter financial results on Friday 18th October 2024. This eagerly awaited announcement will take place before market open.
According to financial analysts on Wall Street, the firm is likely to announce an estimated per share $0.53 profit for the quarter. Additionally, the company is anticipated to reveal a total revenue of $2.03 billion during this period.
The company's full-year performance has been analyzed by wall street analysts, who have shared their projections. According to the analysis, it is expected that the company will generate a total revenue of $8.09 billion. Additionally, the earnings per share for the company are also anticipated to reach profit of $2.74 over the course of the fiscal year.
The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.83. This notable figure was achieved due to the company's impressive total revenue of $2.04 billion recorded during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.97 | +1.0% | 2.04 B | -1.2% |
| Q1 2024 | $0.45 | -45.1% | 1.99 B | -2.8% |
| Q4 2023 | $0.45 | -58.3% | 2.01 B | -7.3% |
| Q3 2023 | $0.83 | -25.9% | 2.04 B | -2.5% |
| Q2 2023 | $0.96 | -45.5% | 2.07 B | -7.0% |
| *Growth on year-over-year basis | ||||
ALLY will host a conference call with investment community on 18th October 2024 at 09:00 AM eastern time to discuss the financial results.
During the trading day, Ally Financial (ALLY) shares reached a low of $35.20 and a high of $36.00, along with a total volume of 3.35 million shares. The stock ended the regular trading session at $35.94, reflecting a rise of 2.77 percent.
