Discover Financial Services (DFS) shares slide despite topping earnings expectations

Go back to Discover Financial Services (DFS) shares slide despite topping earnings expectations

After-hours movers: Veris Residential falls as deal in peril, Alcoa lower on EPS

January 18, 2023 5:54 PM EST

After-Hours Stock Movers:

Veris Residential, Inc. (NYSE: VRE) 9% LOWER; Kushner Companies said it is not interested in proceeding with takeover at this time.

Discover Financial Services (NYSE: DFS) 6% LOWER;... More

Discover Financial Services (DFS) Tops Q4 EPS by 12c

January 18, 2023 4:18 PM EST

Discover Financial Services (NYSE: DFS) reported Q4 EPS of $3.77, $0.12 better than the analyst estimate of $3.65. Revenue for the quarter came in at $3.73 billion versus the consensus estimate of $3.67 billion.

For earnings history and earnings-related data on Discover Financial Services (DFS) click here.

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Producer prices, retail sales, financial earnings: 3 things to watch

January 17, 2023 4:15 PM EST

By Liz Moyer

Investing.com -- Blue chip stocks were weighed down by Goldman Sachs (NYSE: GS) on Tuesday while tech stocks were able to hold their own.

The news out of the bank sector so far in the quarter has been one of caution. Goldman missed expectations after reporting rising costs and more provisions for credit losses, a warning sign that credit quality could diminish in coming months as the economy cools.

Other banks have also set aside more... More