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DFS — Discover Financial Services News Story

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Discover Financial Services reports results for the quarter ended March 31 - Earnings Summary

Discover Financial Services DFS.N reported quarterly adjusted earnings of $4.25​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.10.  The mean expectation of eighteen analysts for the quarter was for earnings of $3.37 per share. Wall Street expected results to range from $2.93  to $4.16 per share.

Revenue rose 1% to $4.25 billion from a year ago; analysts expected $4.22 billion.

Discover Financial Services's reported EPS for the quarter was $4.25​.

The company reported quarterly net income of $1.07 billion.

Discover Financial Services shares had risen by 1.0% this quarter and lost 0.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 4% in the last three months.​

In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "buy"

Wall Street's median 12-month price target for Discover Financial Services is $212.00

This summary was machine generated from LSEG data April 23 at 10:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20253.374.25Beat
Dec. 31 20243.255.11Beat
Sep. 30 20243.423.69Beat
Jun. 30 20243.076.06Beat

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