Quartz·1 min read·medium
Ally Financial posted higher net income but missed earnings estimates
✦AI Summary
Ally Financial reported a 13% year-over-year increase in net income but failed to meet analyst earnings expectations. The company's adjusted earnings per share reached $1.21, falling short of the projected $1.23.
The auto lender and digital bank reported adjusted EPS of $1.21, below analyst estimates of $1.23, though net income rose 13% year over year
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