-=Ally Financial (ALLY) reported earnings on Tue 15 Oct 2019 (a/h)

Ally Financial beats by $0.03, beats on revs

Reports Q3 (Sep) earnings of $1.01 per share, excluding non-recurring items, $0.03 better than the S&P Capital IQ Consensus of $0.98; revenues rose 6.5% yr/yr to $1.62 bln vs the $1.57 bln S&P Capital IQ Consensus.

Consumer auto originations were $9.3 bln, up 14% yr/yr, sourced from a third quarter record 3.2 mln applications, up 11%yr/yr.

Insurance written premiums were $357 mln, up 11%yr/yr.