Investing.com - Synovus reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Synovus announced earnings per share of $1.08 on revenue of $500.7M. Analysts polled by Investing.com anticipated EPS of $0.8123 on revenue of $480.61M.
Synovus shares are up 13.31% from the beginning of the year and are trading at $36.68 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Synovus follows other major Financial sector earnings this month
Synovus's report follows an earnings beat by JPMorgan on January 15, who reported EPS of $3.79 on revenue of $30.16B, compared to forecasts EPS of $2.62 on revenue of $28.67B.
UnitedHealth had beat expectations on January 20 with fourth quarter EPS of $2.52 on revenue of $65.47B, compared to forecast for EPS of $2.41 on revenue of $64.96B.
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