Discover Financial Services (DFS) Misses Q1 EPS by 1c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/18/2026
- Tech selloff weighs down Wall Street as bond yields climb
- Baidu slips as Q2 results miss estimates despite growth in AI cloud business
- Nvidia or Sandisk? BofA reveals which stock is under-owned and which is crowded
- Home Depot beats estimates, reaffirms fiscal 2026 guidance
- Citi says positioning risk is shifting from short squeezes to profit-taking
- Wall Street indexes slip as oil prices rise, retail results awaited
- Tech selloff weighs down Wall Street as bond yields climb
- Micron rises as White House presses Apple to avoid Chinese memory chips
- BofA sees Micron EPS topping $230 by FY30, calls peak fears overblown
- Francisco Partners to acquire Weave Communications for $650M
Discover Financial Services Reports First Quarter Net Income of $564 Million or $1.43 Per Diluted Share
April 25, 2017 4:18 PM EDTRIVERWOODS, Ill.--(BUSINESS WIRE)-- Discover Financial Services (NYSE: DFS) today reported net income of $564 million or $1.43 per diluted share for the first quarter of 2017, as compared to $575 million or $1.35 per diluted share for the first quarter of 2016. The companys return on equity for the first quarter of 2017 was 20%.
First Quarter Highlights
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 year.... More