Discover Finl: Q1 Earnings Insights

Discover Finl (NYSE:DFS) reported its Q1 earnings results on Wednesday, April 19, 2023 at 04:19 PM. Here’s what…

Discover Finl (NYSE:DFS) reported its Q1 earnings results on Wednesday, April 19, 2023 at 04:19 PM.

Here’s what investors need to know about the announcement.

Earnings

Discover Finl missed estimated earnings by 8.44%, reporting an EPS of $3.58 versus an estimate of $3.91.

Revenue was up $851.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.11 which was followed by a 0.43% drop in the share price the next day.

Here’s a look at Discover Finl’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 3.66 3.73 3.78 3.62
EPS Actual 3.77 3.54 3.96 4.22
Revenue Estimate 3.66B 3.37B 3.18B 2.98B
Revenue Actual 3.73B 3.48B 3.22B 2.90B

To track all earnings releases for Discover Finl visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Total
0
Shares
Related Posts
Read More

S&P 500, Nasdaq Futures Search For Direction As Key Fed Rate Decision Awaited Today — AMD, Qualcomm And These Stocks In Focus

Trading in the U.S. index futures suggests a mixed start on Wednesday, although the Fed rate decision and the signals coming out from the central bank will ultimately decide which direction the market would take.

AMD