Ally Financial Q1 Adj $0.58 Beats $0.42 Estimate, Adjusted Total Net Revenue $2.06B Beat $1.99B Estimate

Ally Financial (NYSE:ALLY) reported quarterly earnings of $0.58 per share which beat the analyst consensus estimate of $0.42 by 38.1 percent. This is a 28.89 percent increase over earnings of $0.45 per share from the same period last year. The company reported quarterly sales of $2.06 billion which beat the analyst consensus estimate of $1.99 billion by 3.94 percent. This is a 3.82 percent increase over sales of $1.99 billion the same period last year.