Benzinga | Jul 17, 2020 07:34AM EDT

Ally Financial Q2 Adj. EPS $0.61 May Not Compare To $0.18 Estimate, Sales $1.61B Beat $1.50B Estimate

Ally Financial (NYSE:ALLY) reported quarterly earnings of $0.61 per share which beat the analyst consensus estimate of $0.18 by 238.89 percent. This is a 37.11 percent decrease over earnings of $0.97 per share from the same period last year. The company reported quarterly sales of $1.61 billion which beat the analyst consensus estimate of $1.50 billion by 7.33 percent. This is a 3.74 percent increase over sales of $1.55 billion the same period last year.