Synchrony Financial · SYF · Next earnings

Synchrony Financial reports Wednesday, Oct 21, 2026

SYF reports before market open with consensus EPS at $2.38 and revenue at $3.82B. Last quarter: Synchrony Financial Q2 2026: Record $50B Purchase Volume, EPS Beat, Guidance Floor Raised

Reports Before market open31 days awayDate estimated Financial Services

What the street expects

Consensus for the coming report
Consensus EPS $2.38 Calendar consensus
Consensus revenue $3.82B Calendar consensus
Report date Oct 21, 2026 Wednesday, date estimated
Session Before market open 31 days away

Where SYF left off: FY2026 Q2

Full report

Synchrony Financial Q2 2026: Record $50B Purchase Volume, EPS Beat, Guidance Floor Raised

EPS surprise +21.0% Reported $2.59 vs $2.14
Revenue surprise -0.2% Reported $3.72B vs $3.72B
Stock move -1.6% Event window
Subsequent drift +6.9% Up to 20 sessions

Prior 2026 EPS guidance was $9.10 to $9.50. The floor was raised to $9.25, narrowing the range to $9.25 to $9.50. Guidance sentiment remains maintained, reflecting confidence in continued margin recovery and partner growth, partially offset by elevated payment rates and late-fee regulatory headwinds.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • Elevated payment rates could compress net interest margin and pressure future net interest income.
  • Late-fee revenue faces regulatory scrutiny, with potential rule changes affecting fee practices.
  • Higher operational losses and technology investment costs may weigh on expense ratios.
  • Credit risk from potential increase in charge-offs if consumer spending softens.
  • Interest-rate environment affecting funding costs and margin trajectory.

Questions analysts left open

  • Assumptions behind NII and credit performance in the second half of 2026.
  • Impact of payment rate and late-fee trends on net interest margin sustainability.
  • Future trajectory of RSA levels and whether expense guidance adequately reflects technology spend.
  • Potential regulatory actions on late fees and their revenue impact.
  • AI token cost management and its effect on operating expenses.

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Recent SYF quarters

All SYF earnings
-1.6%FY2026 Q2

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2026 Q2

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.