Skip to main content

Ally Financial (ALLY) To Report Earnings Tomorrow: Here Is What To Expect

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

ALLY Cover Image

Digital banking company Ally Financial (NYSE: ALLY) will be reporting earnings this Tuesday before market hours. Here’s what investors should know.

Ally Financial beat analysts’ revenue expectations last quarter, reporting revenues of $2.18 billion, up 5.5% year on year. It was a very strong quarter for the company, with a beat of analysts’ EPS and net interest margin estimates.

Is Ally Financial a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Ally Financial’s revenue to grow 8.1% year on year, improving from its flat revenue in the same quarter last year.

Ally Financial Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Ally Financial has a history of exceeding Wall Street’s expectations.

With Ally Financial being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unfold for consumer finance stocks. However, there has been positive investor sentiment in the segment, with share prices up 6.9% on average over the last month. Ally Financial is up 1.2% during the same time .

WHILE YOU’RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You’ve probably never heard of it.

This is what the early days of Palantir looked like before it became a giant. Same playbook. Different technology. If you missed Palantir, you need to see this. Claim The Stock Ticker for Free HERE.

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

Recent Quotes

View More
Symbol Price Change (%)
AMZN  248.03
-1.96 (-0.78%)
AAPL  327.97
+1.38 (0.42%)
AMD  542.30
+38.73 (7.69%)
BAC  61.40
+0.98 (1.62%)
GOOG  348.53
-2.84 (-0.81%)
META  646.51
+0.66 (0.10%)
MSFT  398.20
-4.09 (-1.02%)
NVDA  205.33
+2.05 (1.01%)
ORCL  126.21
+4.83 (3.98%)
TSLA  380.88
+11.31 (3.06%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.