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These Analysts Raise Their Forecasts On Discover Financial After Strong Q2 Earnings
DFSDiscover Financial Services(DFS) Benzinga·2024-07-19 17:57

Loading...Loading...Discover Financial Services DFS reported better-than-expected second-quarter earnings results, after the closing bell on Wednesday.Discover reported GAAP earnings of 6.06pershare,beatingtheestimateof6.06 per share, beating the estimate of 3.07 per share, and quarterly Net Interest Income (NII) of 3.524billion,accordingtodatafromBenzingaPro.Netinterestincomeforthequarterincreasedby3.524 billion, according to data from Benzinga Pro.Net interest income for the quarter increased by 347 million, or 11% year-over-year, driven by higher average receivables and net interest margin expansion. Net interest ma ...