Ally Financial Inc. (ALLY) Soars to 52-Week High, Time to Cash Out?
Ally Financial (ALLY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Why Ally Financial (ALLY) is a Top Value Stock for the Long-Term
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Ally Financial (ALLY) Upgraded to Buy: What Does It Mean for the Stock?
Ally Financial (ALLY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Ally Financial (ALLY) is a Top-Ranked Momentum Stock: Should You Buy?
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Should Value Investors Buy Ally Financial (ALLY) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Ally Financial Analyst Sees 'Consistent Margin Expansion' Ahead: Q2 Results Breakdown
Shares of Ally Financial Inc ALLY remained under pressure on Thursday, after declining in the prior session amid a broader downturn in Wall Street stocks.
Ally Financial (ALLY) Q2 Earnings Beat, Stock Dips on Cost Hike
Ally Financial (ALLY) records a y/y decline in revenues in the second quarter of 2024.
Ally Reports Net Charge-Offs Rise Due to High-Priced Cars
Ally Financial reported Wednesday (July 17) that its net charge-offs (NCOs) in the second quarter rose in comparison to the same quarter a year earlier, due in part to losses from loans made when the price of cars peaked about two years ago.
Ally Financial: Credit Concerns Likely Limit Upside After Q2 Results (Downgrade)
Ally Financial Inc. shares have risen 60% in the past year but dropped 3% after a solid but imperfect Q2 earnings report. Taxes create noise in EPS due to a tax credit for electric vehicle leases, impacting true earnings. Net interest margin trends are positive, but credit trends are mixed, with delinquencies rising and charge-offs potentially increasing.
Ally Financial Inc. (ALLY) Q2 2024 Earnings Call Transcript
Ally Financial Inc. (NYSE:ALLY ) Q2 2024 Earnings Conference Call July 17, 2024 9:00 AM ET Company Participants Sean Leary - Head of IR Michael Rhodes - CEO Russ Hutchinson - CFO Conference Call Participants Ryan Nash - Goldman Sachs Sanjay Sakhrani - KBW Don Fandetti - Wells Fargo Moshe Orenbuch - TD Cowen Jeff Adelson - Morgan Stanley Rick Shane - JPMorgan Rob Wildhack - Autonomous Research Operator Good day and thank you for standing by. Welcome to the Second Quarter 2024 Ally Financial Earnings Conference call.
Here's What Key Metrics Tell Us About Ally Financial (ALLY) Q2 Earnings
While the top- and bottom-line numbers for Ally Financial (ALLY) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Ally Financial (ALLY) Beats Q2 Earnings Estimates
Ally Financial (ALLY) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.62 per share. This compares to earnings of $0.96 per share a year ago.
