ALLY's Post Q3 Earnings Review: Time to Hold or Bet on the Stock?
Ally(ALLY) ZACKS·2024-10-29 21:21
Ally Financial Inc. (ALLY) , a leading auto lender and provider of other consumer loans, announced thirdquarter 2024 results on Oct. 18, before the opening bell. The company's top and bottom lines outpaced the Zacks Consensus Estimate and grew year over year. Yet, since the announcement of the quarterly numbers, Ally Financial's shares have been down 2%. On the conference call, the company noted that the current "dynamic operating environment" including high interest rates, volatility and "cumulative inflat ...