Discover Financial Services Reports Second Quarter Net Income of $616 Million or $1.47 Per Diluted Share
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Oppenheimer Reiterates Outperform on Discover Financial Services (DFS) Following 2Q Report
July 20, 2016 10:45 AM EDTOppenheimer reiterated an Outperform rating and $75.00 price target on Discover Financial Services (NYSE: DFS) following the company's 2Q earnings report. Total revenues were reported at $2.22B compared to the consensus estimate of $2.23B. EPS came in ahead of estimates at $1.47 vs. $1.40.
Analyst Ben Chittenden... More
Evercore ISI Remains Bullish on Discover Financial Services (DFS) Following 2Q EPS Miss
July 20, 2016 8:22 AM EDTEvercore ISI reiterated a Buy rating and $59.00 price target on Discover Financial Services (NYSE: DFS) following the company's 2Q earnings report. DFS reported EPS of $1.36, below the consensus estimates of $1.40. The miss was attributed to higher than expected expenses, lower NII, and a higher... More
Discover Financial Services (DFS) Tops Q2 EPS by 5c
July 19, 2016 4:19 PM EDTDiscover Financial Services (NYSE: DFS) reported Q2 EPS of $1.47, $0.05 better than the analyst estimate of $1.42.
Second Quarter Highlights
Total loans grew $2.9 billion, or 4%, from the prior year to $71.9 billion.
Credit card loans grew $2.3 billion, or 4%, to $57.2 billion and Discover card sales volume... More
