Ally Financial Reports Non-GAAP EPS of $1.21, Misses Estimates by $0.01; Revenue Beats Expectations
Ally Financial (ALLY) reported Q2 non-GAAP earnings per share of $1.21, missing estimates by $0.01, but revenue came in at $2.28 billion, beating expectations by $60 million and rising 10.7% year-over-year. The company's return on common equity increased to 11.0%, up approximately 20 basis points from the prior year.
Tickers: $ALLY
Topics: Earnings Financials