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Synchrony Financial posts Q2 beat-and-raise earnings as purchase volume exceeds consensus

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Synchrony Financial posts Q2 beat-and-raise earnings as purchase volume exceeds consensus

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Synchrony Financial (SYF) boosted its full-year earnings guidance on Tuesday after Q2 earnings flew past the consensus estimate as increased customer engagement pushed up purchase volume and credit quality remained solid. Net interest income, though, didn't meet the Wall Street consensus.


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