Ally Financial Q3 Earnings Beat on Higher Revenues but Stock Dips 2.3%
ALLYAlly(ALLY) ZACKS·2024-10-21 22:45

Ally Financial’s (ALLY) third-quarter 2024 adjusted earnings of 95 cents per share surpassed the Zacks Consensus Estimate of 81 cents. Also, the bottom line reflected a rise of 14.5% from the year-ago quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the reported quarter, the company witnessed an increase in revenues and lower expenses. Also, capital ratios increased, which was a positive. However, a decline in net finance receivables and loans and deposits were the undermi ...