STAMFORD, Conn. (AP) _ Synchrony Financial (SYF) on Tuesday reported third-quarter net income of $313 million.

On a per-share basis, the Stamford, Connecticut-based company said it had profit of 52 cents. Earnings, adjusted for restructuring costs and non-recurring costs, came to 72 cents per share.

The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share.

The consumer credit company posted revenue of $3.84 billion in the period. Its adjusted revenue was $3.46 billion.

Synchrony shares have dropped 19% since the beginning of the year. The stock has dropped 14% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SYF at https://www.zacks.com/ap/SYF

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