Top Wall Street Forecasters Revamp Ally Financial Expectations Ahead Of Q1 Earnings

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Ally Financial Inc. (NYSE:ALLY) will release earnings for its first quarter before the opening bell on Friday, April 17.

Analysts expect the Detroit, Michigan-based company to report quarterly earnings of 94 cents per share. That’s up from 58 cents per share in the year-ago period. The consensus estimate for Ally Financial’s quarterly revenue is $2.14 billion (it reported $1.54 billion last year), according to Benzinga Pro.

On April 15, the board of directors of Ally Financial declared a quarterly cash dividend of 30 cents per share of the company’s common stock.

Shares of Ally Financial fell 0.7% to close at $41.96 on Thursday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look …

Full story available on Benzinga.com

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