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Synovus Financial (SNV) Earnings Date, Estimates & Call Transcripts

$45.09
+0.10 (+0.22%)
(As of 07/19/2024 08:56 PM ET)

Earnings Summary

Upcoming
Earnings Date
Oct. 16Estimated
Actual EPS
(Jul. 17)
$1.16 Beat By $0.20
Consensus EPS
(Jul. 17)
$0.96
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SNV Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

SNV Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Synovus Financial Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$1.03$1.05$1.04 
Q2 20242$0.99$1.07$1.03 
Q3 20242$1.11$1.11$1.11 
Q4 20241$1.10$1.10$1.10 
FY 20247$4.23$4.33 $4.28

SNV Earnings Date and Information

Synovus Financial last issued its quarterly earnings data on July 17th, 2024. The bank reported $1.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.96 by $0.20. The company earned $563.60 million during the quarter, compared to the consensus estimate of $543.52 million. Its revenue for the quarter was down .7% on a year-over-year basis. Synovus Financial has generated $2.92 earnings per share over the last year ($2.92 diluted earnings per share) and currently has a price-to-earnings ratio of 15.4. Earnings for Synovus Financial are expected to grow by 16.58% in the coming year, from $3.92 to $4.57 per share. Synovus Financial has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, October 16th, 2024 based off prior year's report dates.

Synovus Financial Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
10/16/2024
(Estimated)
------- 
7/17/2024Q2 2024$0.96$1.16+$0.20$2.48$543.52 million$563.60 million    
4/18/2024Q1 2024$0.99$0.79($0.20)$0.80$547.62 million$537.73 million    
1/17/2024Q4 2023$0.94$0.80($0.14)$1.19$527.60 million$488.68 million
10/19/2023Q3 2023$0.84$0.84-$1.08$539.16 million$550.30 million    
7/19/2023Q2 2023$1.14$1.16+$0.02$1.19$570.82 million$567.81 million
4/19/2023Q1 2023$1.22$1.33+$0.11$1.34$589.40 million$613.90 million  
1/18/2023Q4 2022$1.37$1.35($0.02)$1.35$602.02 million$603.79 million
10/20/2022Q3 2022$1.28$1.34+$0.06$1.35$570.52 million$582.22 million    
7/21/2022Q2 2022$1.10$1.17+$0.07$1.18$518.64 million$522.60 million    
4/21/2022Q1 2022$1.03$1.08+$0.05$1.05$497.35 million$498.50 million    
1/20/2022Q4 2021$1.10$1.35+$0.25$1.39$492.24 million$509.38 million    
10/18/2021Q3 2021$1.07$1.20+$0.13$1.19$491.33 million$499.87 million    
7/19/2021Q2 2021$1.03$1.20+$0.17$1.21$486.99 million$488.95 million    
4/19/2021Q1 2021$0.93$1.21+$0.28$1.23$483.00 million$485.60 million  
1/25/2021Q4 2020$0.82$1.08+$0.26$1.20$483.82 million$500.69 million  
10/20/2020Q3 2020$0.52$0.89+$0.37$1.22$472.62 million$491.40 million  
7/21/2020Q2 2020$0.15$0.23+$0.08($0.11)$450.30 million$472.80 million  
4/24/2020Q1 2020$0.31$0.21($0.10)$0.22$456.99 million$477.90 million  
1/24/2020Q4 2019$0.97$0.94($0.03)$0.91$484.72 million$498.00 million  
10/22/2019Q3 2019$1.00$0.97($0.03)$1.11$486.74 million$490.86 million  

Synovus Financial Earnings - Frequently Asked Questions

When is Synovus Financial's earnings date?

Synovus Financial has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, October 16th, 2024 based off last year's report dates. Learn more on SNV's earnings history.

What guidance has Synovus Financial issued on next quarter's earnings?

Synovus Financial issued an update on its FY 2024 earnings guidance on Friday, July, 19th. The company issued revenue guidance of $2.2 billion-$2.3 billion, compared to the consensus revenue estimate of $2.1 billion.

Did Synovus Financial beat their earnings estimates last quarter?

In the previous quarter, Synovus Financial (NYSE:SNV) reported $1.16 earnings per share (EPS) to beat the analysts' consensus estimate of $0.96 by $0.20. Learn more on analysts' earnings estimate vs. SNV's actual earnings.

How can I listen to Synovus Financial's earnings conference call?

The conference call for Synovus Financial's latest earnings report can be listened to online. Listen to Conference Call

How can I read Synovus Financial's conference call transcript?

The conference call transcript for Synovus Financial's latest earnings report can be read online. Read Transcript

How much revenue does Synovus Financial generate each year?

Synovus Financial (NYSE:SNV) has a recorded annual revenue of $3.45 billion.

How much profit does Synovus Financial generate each year?

Synovus Financial (NYSE:SNV) has a recorded net income of $543.71 million. SNV has generated $2.92 earnings per share over the last four quarters.

What is Synovus Financial's price-to-earnings ratio?

Synovus Financial (NYSE:SNV) has a trailing price-to-earnings ratio of 15.44 and a forward price-to-earnings ratio of 11.50. The price/earnings-to-growth ratio is 3.69.

What is Synovus Financial's EPS forecast for next year?

Synovus Financial's earnings are expected to grow from $3.92 per share to $4.57 per share in the next year, which is a 16.58% increase.


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This page (NYSE:SNV) was last updated on 7/22/2024 by MarketBeat.com Staff

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