DFS Stock Recent News

Discover's Pulse Network has settled a 10-year-old antitrust suit against Visa. Pulse had accused Visa of preventing competition in the debit card network services market, thus raising fees for merchants.

RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Global Network®, a leading global payment network, released the first portion of the 2024 Payment State of the Union (PSOU), one of the most comprehensive studies of its kind in the industry, providing global perspectives from merchants and consumers. The research study, commissioned by Discover Global Network with S&P Global Market Intelligence's 451 Research, uncovers key insights into merchant payment trends in response to customer payment prio.

Discover Finl DFS has outperformed the market over the past 15 years by 6.81% on an annualized basis producing an average annual return of 19.25%. Currently, Discover Finl has a market capitalization of $31.23 billion. Buying $100 In DFS: If an investor had bought $100 of DFS stock 15 years ago, it would be worth $1,401.69 today based on a price of $124.61 for DFS at the time of writing. Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine and reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

With the equities sector generally flying higher, the concept of undervalued long-term stocks might seem a foreign one. Nevertheless, if you're willing to step away from the spotlight, you can still find compelling deals.

Discover Financial (DFS) expects 2024 loan growth in low-single digits.

The $35 billion deal for Capital One to buy Discover Financial Services remains on track. And in a truncated first-quarter earnings call — where the usual question-and-answer session was not part of the proceedings — Discover's management noted that consumer loans are on the upswing.

Discover Financial Services (NYSE:DFS ) Q1 2024 Results Conference Call April 18, 2024 8:00 AM ET Company Participants Eric Wasserstrom - Senior Vice President of Corporate Strategy and Investor Relations Michael Shepherd - Interim CEO John Greene - Chief Financial Officer Operator Good morning. My name is Todd, 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 March 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 $1.10 per share, missing the Zacks Consensus Estimate of $2.98 per share. This compares to earnings of $3.58 per share a year ago.

Discover Financial (NYSE: DFS) is scheduled to report its fiscal Q1 2024 results on Wednesday, April 17, 2023 (after market close). We expect Discover Financial to edge past the consensus estimates of revenues and earnings.