Discover Financial Services Reports First Quarter Net Income of $564 Million or $1.43 Per Diluted Share

Go back to Discover Financial Services Reports First Quarter Net Income of $564 Million or $1.43 Per Diluted Share

Discover Financial (DFS) PT Lowered to $86 at Instinet Following 1Q Report

April 26, 2017 10:00 AM EDT

Instinet 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 EDT

Discover 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