Ally Financial (NYSE:ALLY) reported its Q3 earnings results on Thursday, October 21, 2021 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
Ally Financial beat their estimated earnings by 10.77%, which surprised analysts.
Revenue was up $430,000,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.87, which was followed by a 3.18% increase in the share price the next day.
Here's a look at Ally Financial's past performance and the resulting price change:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 1.46 | 1.15 | 1.05 | 0.68 |
| EPS Actual | 2.33 | 2.09 | 1.60 | 1.25 |
| Revenue Estimate | 1.87B | 1.74B | 1.67B | 1.55B |
| Revenue Actual | 2.15B | 1.93B | 1.88B | 1.68B |
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