Discover Financial Services ($DFS) Q3 Profit Grows, Outshines Wall Street View

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Discover Financial Services (NYSE: DFS) unveiled its earnings report, allowing investors to assess the company’s performance in the third quarter, after the closing bell.

 

Key figures and crucial information

  • In the report for the third quarter, the company disclosed income of $3.69 per share, which corresponded with total revenues of $4.45 billion during the same three-month interval.
  • The results surpassed the street projected $3.39 profit per share based on the revenue of $4.35 billion.
  • The diluted earnings grew 42.47 percent, and revenues accelerated 10.11 percent in contrast to the third quarter of previous year.
  • Discover Financial Services (DFS) closed Wednesday’s regular trading session at $147.53, indicating a 0.27 percent upturn. The stock fluctuated between $147.42 and $149.87 during the day, with a volume of 1.19 million shares.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Q3 2024 $3.69 +42.5% 4.45 B +10.1%
Historical Earnings Insight
Q2 2024 $6.06 +71.2% 4.54 B +17.0%
Q1 2024 $1.10 -69.3% 4.21 B +12.2%
Q4 2023 $1.54 -59.2% 4.20 B +12.4%
Q3 2023 $2.59 -26.8% 4.04 B +16.2%
Q2 2023 $3.54 -10.6% 3.88 B +20.3%
*Growth on year-over-year basis