Discover Financial Services Reports Fourth Quarter Net Income of $387 Million or $0.99 Per Diluted Share

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Discover Financial (DFS) PT Raised to $88 at Oppenheimer Following 4Q

January 25, 2018 9:22 AM EST

Oppenheimer raised its price target on Discover Financial (NYSE: DFS) to $88.00 (from $84.00) while maintaining a Outperform rating following the company's 4Q earnings report. Adjusted EPS was $1.55, in line with estimates. Total revenues of $2.61B compared to $2.59B estimates driven by fees.

With new guidance of... More

Discover Financial Services (DFS) Reports Q4 EPS of 99c

January 24, 2018 4:28 PM EST

Discover Financial Services (NYSE: DFS) reported Q4 EPS of $0.99, $0.55 worse than the analyst estimate of $1.54.

Net income included non-recurring charges of $189 million resulting from actions taken by the company in connection with the Tax Cuts and Jobs Act ("Tax Act"). These... More