The exciting news about Discover Financial Services (NYSE: DFS) will be shared on Wednesday 16th October 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen after market close.
The latest projections from financial analysts on Wall Street suggest that the establishment is likely to reveal an estimated $3.39 profit per share for the quarter. Additionally, the company is expected to announce revenueS of $4.35 billion for the period.
During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share income of $2.59. This significant amount was the outcome of the company's total revenue, which reached an impressive $4.04 billion during that particular timeframe.
Wall Street analysts have provided their insights on the company's performance for the year, forecasting a total revenue of $17.43 billion. Additionally, they anticipate the earnings per share to reach profit of $13.54 during the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| 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 | ||||
DFS has scheduled a conference call on 17th October 2024 at 08:00 AM eastern time to discuss the third quarter financial results and other related information.
Throughout Monday's trading, Discover Financial Services (DFS) shares fluctuated between $144.75 and $147.63, with a trading volume of 875.10 thousand shares. The stock ended the regular trading session at $147.31, showing an upturn of 1.03 percent.
