Discover Financial Services Reports First Quarter Net Income of $564 Million or $1.43 Per Diluted Share
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Discover Financial (DFS) PT Lowered to $86 at Instinet Following 1Q Report
April 26, 2017 10:00 AM EDTInstinet lowered its price target on Discover Financial (NYSE: DFS) to $86.00 (from $88.00) while maintaining a Buy rating. DFS reported EPS of $1.43, missing consensus estimates of $1.44. results were characterized by lower-than-expected expenses, which were more than offset by lower revenues and higher provision.
The... More
Discover Financial Services (DFS) Misses Q1 EPS by 1c
April 25, 2017 4:20 PM EDTDiscover Financial Services (NYSE: DFS) reported Q1 EPS of $1.43, $0.01 worse than the analyst estimate of $1.44.
Total loans grew $5.5 billion (8%) from the prior year to $75.9 billion.Credit card loans grew $4.1 billion (7%) to $59.8 billion and Discover card sales volume increased 6% from the prior... More