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Stock impact report

Ally Shares Jump 6.5% After Earnings Beat [TheStreet.com]

Ally Financial Inc. (ALLY) 
Last ally financial inc. earnings: 4/20 07:30 am Check Earnings Report
US:NYSE Investor Relations: ally.com/about/investor
Company Research Source: TheStreet.com
Ally Shares Jump 6.5% After Earnings Beat Ally Financial, ( ALLY Get Report Net income surged to $582 million from $349 million a year earlier, the Detroit company said Thursday. per share were $1.46, or 97 cents excluding certain tax benefits. On that basis, the results exceeded Wall Street analysts' average estimate of 89 cents a share. The stock jumped 6.5% in New York Stock Exchange trading to close at $33.49, placing the shares up some 47% year to date. Retail auto loans climbed to $72.3 billion from $69.9 billion in the year-earlier period, the lender said. And the average yield on the retail auto loans increased to 6.58% from 6.08%. Retail deposits increased by $3.2 billion, the best for a second quarter in Ally Bank's history. (This article has been updated.) Show less Read more
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