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Discover Financial Services (NYSE:DFS) Releases Quarterly Earnings Results, Misses Expectations By $0 26 EPS

Discover Financial Services (NYSE:DFS) released its quarterly earnings results on Thursday. The financial services provider reported $3.58 EPS for the quarter, missing the consensus estimate of $3.84 by ($0.26), Briefing.com reports. Discover Financial Services had a return on equity of 30.68% and a net margin of 24.65%. The company had revenue of $3.75 billion for […]

Q4 2023 Earnings Forecast for Discover Financial Services (NYSE:DFS) Issued By William Blair

Discover Financial Services (NYSE:DFS – Get Rating) – Investment analysts at William Blair lowered their Q4 2023 EPS estimates for Discover Financial Services in a research note issued on Thursday, April 20th. William Blair analyst R. Napoli now expects that the financial services provider will post earnings of $3.62 per share for the quarter, down […]

Stock Buyback Plan Authorized by Discover Financial Services (NYSE:DFS)

Discover Financial Services (NYSE:DFS) declared that its board has authorized a stock buyback program on Wednesday, April 19th, RTT News reports. The company plans to repurchase $2.70 billion in outstanding shares. This repurchase authorization allows the financial services provider to purchase up to 9.8% of its stock through open market purchases. Stock repurchase programs are […]

Vale (NYSE:VALE) Downgraded by Citigroup

Discover Financial Services (NYSE:DFS) had its price objective decreased by JPMorgan Chase & Co. from $111.00 to $102.00 in a research note published on Monday, The Fly reports. JPMorgan Chase & Co. currently has a neutral rating on the financial services provider’s stock. DFS has been the subject of several other research reports. Barclays lowered […]

Everence Capital Management Inc Trims Stock Holdings in Discover Financial Services (NYSE:DFS)

Everence Capital Management Inc. reduced its stake in Discover Financial Services (NYSE:DFS – Get Rating) by 43.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,400 shares of the financial services provider’s stock after selling 4,170 shares during the […]

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