DFS Stock Recent News

Around 31% of Millennials currently have under $1,000 in savings. Another 21% have between $1,000-$5,000, and then 9% of Millennials have $5,001-$10,000. Does that seem bleak? Yes. Absolutely. The neutral news is that this percentage mirrors their Generation Z and Generation X neighbors. Coming out on top are the 17% of Baby Boomers who have over $500,000 in savings, followed by 20% of Baby Boomers having under $1,000. Key Points High-yield savings accounts can be one of the most useful tools for millennials to earn extra money. High-yield savings accounts often come with more restrictions than traditional savings account, however. The best high-yield savings accounts are paying way more than most Americans realize, with some offering cash bonuses for new accounts. Click here to see our top pick today. (Sponsored) If we are talking about the entire American population, 28% currently have less than $1,000 in savings. This includes personal savings, emergency funds, non-workplace retirem

Does Discover (DFS) have what it takes to be a top stock pick for momentum investors? Let's find out.

Discover Financial Services is experiencing significant growth, nearly doubling in price over the past year, driven by a merger with Capital One Financial. Despite the merger plans, Discover has shown strong independent performance, beating EPS estimates consistently and maintaining a P/E ratio below the sector median. Risks include potential interest rate cuts and legislative changes that could impact the credit card market, but Discover's banking operations provide some stability.

Paytm Postpaid, PayPal, Affirm, Klarna, and Splitit Account for the Majority of Global Revenue Shares Paytm Postpaid, PayPal, Affirm, Klarna, and Splitit Account for the Majority of Global Revenue Shares

Discover Financial Services posted earnings results on Thursday morning (Jan. 23) that indicated improving credit quality metrics tied to its credit cards, as well as an outlook that includes loan growth and a “stable” consumer.

DFS' fourth-quarter results benefit from personal and credit card loan growth, margin expansion, and lower provision for credit losses, partially offset by rising expenses.

Discover Financial Services (NYSE:DFS ) Q4 2024 Earnings Conference Call January 23, 2025 8:00 AM ET Company Participants Erin Stieber - IR Michael Shepherd - Interim CEO and President John Greene - CFO Operator Good morning. My name is Madison, and I will be your conference operator today.

While the top- and bottom-line numbers for Discover (DFS) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Discover (DFS) came out with quarterly earnings of $5.11 per share, beating the Zacks Consensus Estimate of $3.17 per share. This compares to earnings of $1.54 per share a year ago.

Financial services industry player Discover Financial Services (DFS 4.35%) reported fourth quarter 2024 earnings on Wednesday, Jan. 22, that topped analyst consensus estimates. Discover noted a significant rise in net income to $1.3 billion or $5.11 per diluted share, far exceeding the analyst estimate of $3.61 per share.