Evercore ISI Remains Bullish on Discover Financial Services (DFS) Following 2Q EPS Miss

Oppenheimer Reiterates Outperform on Discover Financial Services (DFS) Following 2Q Report

July 20, 2016 10:45 AM EDT

Oppenheimer 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

After-Hours Stock Movers 07/19: (ISRG) (CTAS) (MANH) (MSFT) Higher; (ZFGN) (DFS) (IBKR) Lower (more...)

July 19, 2016 6:01 PM EDT

After-Hours Stocks Movers

Zafgen (NASDAQ: ZFGN) 41.8% LOWER; to Suspend Beloranib Development; Will Refocus on MetAP2 Inhibitor ZGN-1061

Intuitive Surgical (NASDAQ: ISRG) 6.7% HIGHER; reported Q2 EPS of $5.62, $0.65 better than the analyst estimate of $4.97. Revenue for the quarter came in at $670 million versus the consensus estimate of $640.69 million.

Blackhawk Network Holdings, Inc. (NASDAQ: HAWK)... More

Discover Financial Services (DFS) Tops Q2 EPS by 5c

July 19, 2016 4:19 PM EDT

Discover 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

Trading Radar for 7/19: Microsoft (MSFT), Goldman Sachs (GS), J&J (JNJ), UnitedHealth (UNH), United Air (UAL), Intuitive Surgical (ISRG) Report

July 18, 2016 2:30 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Building Permits - Street sees 1.150MHousing Starts - Street sees 1.165M

Earnings:

Belden (NYSE: BDC) - consensus EPS $1.26
Comerica (NYSE: CMA) - consensus EPS $0.69
Ericsson (Nasdaq: ERIC) - consensus EPS $0.12
Genuine Parts (NYSE: GPC) - consensus EPS... More

Discover (DFS) weekly volatility increases as shares trade up into Q2 and outlook

July 18, 2016 1:09 PM EDT

Discover Financial Services (NYSE: DFS) July weekly call option implied volatility is at 44, September is at 23; compared to its 52-week range of 18 to 37 into the expected release of Q2 on July 19.

... More