25.10.2016 22:24:15
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Discover Financial Services Q3 Profit Advances 4%
(RTTNews) - Discover Financial Services (DFS) released earnings for its third quarter that gained ground from last year.
The company said its bottom line climbed to $625 million, or $1.56 per share. This was higher than $599 million, or $1.38 per share, in last year's third quarter.
Analysts had expected the company to earn $1.47 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 5.0% to $2.30 billion. This was up from $2.19 billion last year.
Discover Financial Services earnings at a glance:
-Earnings (Q3): $625 Mln. vs. $599 Mln. last year. -Earnings Growth (Y-o-Y): 4.3% -EPS (Q3): $1.56 vs. $1.38 last year. -EPS Growth (Y-o-Y): 13.0% -Analysts Estimate: $1.47 -Revenue (Q3): $2.30 Bln vs. $2.19 Bln last year. -Revenue Change (Y-o-Y): 5.0%
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