DFS Stock Recent News

The 2024 Q4 earnings season has entered full swing, with this week's reporting docket stacked with many notable companies. Two financial giants, Discover Financial Services DFS and American Express AXP, are among the bunch.

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Rising interest and non-interest income might have favored DFS' fourth-quarter earnings, partially offset by higher operating expenses.

Beyond analysts' top -and-bottom-line estimates for Discover (DFS), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.

Discover (DFS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Primary endpoint of DFS met at first prespecified interim analysis, showing a 68% reduction in the risk of disease recurrence or death in patients with high-risk CSCC after surgery compared to placebo

Discover (DFS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Discover Financial Services shows strong financial performance with a 41% increase in net income and a 42% rise in EPS, driven by higher interest margins. The planned merger with Capital One will create the largest U.S. credit card issuer, enhancing synergies and operational efficiencies and boosting the credit card and payment business. While the P/E ratio of 12.5 suggests a reasonable valuation with potential upside, cautious investors may wait as the stock's P/B ratio of 2.8 indicates it is historically fully valued.

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Discover Financial Services (NYSE: DFS) to Capital One Financial Corporation (NYSE: COF). Under the terms of the proposed transaction, shareholders of Discover will receive 1.0192 shares of Capital One for each share of Discover that they own. KSF is seeking to determine whether this consideration and the proc.

RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS) plans to report its Fourth quarter 2024 results after the market closes on Wednesday, January 22, 2025. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com. A conference call to discuss the firm's results and related matters will be held on Thursday, January 23, 2025, at 7:00 a.m. Central Time and will be limited to prepared remarks. The live audi.