Discover Financial Services Reports Second Quarter Net Loss of $368 Million or ($1.20) Per Diluted Share

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Go back to Discover Financial Services Reports Second Quarter Net Loss of $368 Million or ($1.20) Per Diluted Share

Discover Financial Services (DFS) Misses Q2 EPS by 92c

July 22, 2020 4:35 PM EDT

Discover Financial Services (NYSE: DFS) reported Q2 EPS of ($1.20), $0.92 worse than the analyst estimate of ($0.28). Revenue for the quarter came in at $2.66 billion versus the consensus estimate of $2.66 billion.

The current quarter results included a $1.3 billion addition to the allowance for credit... More