Discover Financial Services (DFS) Misses Q2 EPS by 5c

Discover Financial Services (NYSE: DFS) reported Q2 EPS of $1.40, $0.05 worse than the analyst estimate of $1.45. NII for the quarter came in at $1.94 billion, versus $1.75 billion reported last year.

“We delivered profitable loan growth, strong revenue growth and positive operating leverage, which helped to offset normalizing credit costs,” said David Nelms, chairman and CEO of Discover. “Our new capital plan includes higher dividends and planned share repurchases, and we expect to continue to deliver a leading yield to our shareholders."

For earnings history and earnings-related data on Discover Financial Services (DFS) click here.

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