Ally Financial Inc. (ALLY) reported first quarter adjusted profit per share of $2.09 compared to a loss of $0.44, prior year. On average, 17 analysts polled by Thomson Reuters expected the company to report profit per share of $1.15, for the quarter. Analysts' estimates typically exclude special items. Core net income was $790 million compared to a loss of $166 million.

Create Account

Dark

chart

exchange

Check out our Level2View

Ally Financial Inc. (ALLY) reported first quarter adjusted profit per share of $2.09 compared to a loss of $0.44, prior year. On average, 17 analysts polled by Thomson Reuters expected the company to report profit per share of $1.15, for the quarter. Analysts' estimates typically exclude special items. Core net income was $790 million compared to a loss of $166 million.

RTTNews | Apr 16, 2021 07:56AM EDT

07:55 Friday, April 16, 2021 (RTTNews.com) - Ally Financial Inc. (ALLY) reported first quarter adjusted profit per share of $2.09 compared to a loss of $0.44, prior year. On average, 17 analysts polled by Thomson Reuters expected the company to report profit per share of $1.15, for the quarter. Analysts' estimates typically exclude special items. Core net income was $790 million compared to a loss of $166 million.

First quarter GAAP net income was $796 million compared to a loss of $319 million, prior year. GAAP earning per share was $2.11 compared to a loss of $0.85.

First quarter adjusted net revenue was $1.93 billion, an increase of 20% from previous year. Analysts expected revenue of $1.74 billion, for the quarter.

Read the original article on RTTNews ( https://www.rttnews.com/3185616/ally-financial-reports-adj-profit-in-q1-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved