Ally Financial: Outlook for Fourth Quarter Results
Actions of Allied financial (NYSE:ALLY) rose 2% in pre-market trading after the company released its fourth quarter results.
Earnings per share increased 68.42% year-on-year to $ 1.60, beating the estimate of $ 1.05.
Revenue of $ 1,879,000,000, up 14.36% from the same period last year, which exceeds the estimate of $ 1,670,000,000.
Profit forecasts have not been released by the company at this time.
Ally Financial has not released any revenue forecasts at this time.
Date: January 22, 2021
Time: 9:00 a.m.
Webcast URL AND: https://edge.media-server.com/mmc/p/qqkrkzex
The 52-week company high was $ 41.99
52 week low: $ 10.22
Price action in the last quarter: up 41.93%
Ally Financial Inc is a diversified financial services company serving automobile dealers and their retail customers. The company operates as a financial holding and a banking holding. Its banking subsidiary, Ally Bank, addresses the direct banking market via Internet, mobile and mail. The company has four lines of business, including auto finance operations, insurance operations, mortgage finance operations and corporate finance operations.
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