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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Discover

Discover Financial Services is a holding company, which engages in the provision of direct banking and payment services. It operates through the Direct Banking and Payment Services segments. The Direct Banking segment offers Discover-branded credit cards issued to individuals on the Discover Network and other consumer products and services, including private student loans, personal loans, home loans, and other consumer lending and deposit products. The Payment Services segment includes PULSE, Diners Club, and the company's network partners business, which includes credit, debit, and prepaid cards issued on the Discover Network. The company was founded in 1986 and is headquartered in Riverwoods, IL.

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Discover reports strong Q4 earnings, eyes digital growth opportunities

Discover (DFS) delivered strong financial results in Q4 2022, with robust earnings, asset growth, and strategic investments in digital capabilities and new product launches.
Despite facing challenges from a less favorable macroeconomic environment, the company's focus on efficiency, credit performance, and revenue growth positions it well for future success.
Opportunities lie in capitalizing on consumer trends, optimizing operational efficiency, and leveraging strong credit performance to drive growth and enhance shareholder value.
Overall, Discover's performance highlights resilience, strategic foresight, and a commitment to delivering value to shareholders amidst evolving market conditions.

Discover reports robust Q1 earnings and invests in tech for growth

Discover Financial Services delivered a strong performance in Q1 2023, driven by robust financial results, technological advancements, and strategic initiatives to enhance shareholder value.
While facing challenges such as spend growth slowdown and inflation pressures, Discover's focus on credit normalization, expense management, and innovation positions it well for future growth.
With a solid financial foundation, strong market position, and a commitment to technology and customer experience, Discover is poised to capitalize on opportunities for expansion and sustained success in the financial services industry.

Discover reports solid Q2 earnings, focuses on compliance and growth

Discover's Q2 performance reflects a mix of positives and challenges, with a strong focus on compliance, risk management, and sustainable growth. The company is committed to addressing compliance issues, investing in talent and technology, and aligning business decisions with customer needs. Discover remains confident in its business model despite competitive pressures and compliance challenges.

Discover reports robust Q3 earnings, invests in tech for growth

Discover's Q3 performance reflects strong revenue growth and strategic focus on customer experience and compliance.
While facing challenges with credit performance and rising expenses, the company is leveraging tech investments for future growth.
Opportunities lie in enhancing digital capabilities, driving loan growth, and capitalizing on positive spending trends.

Discover Financial Services reports strong Q4 performance and navigates challenges

Discover Financial Services delivered a solid performance in Q4 2023, focusing on compliance, customer experience, and financial strength. The company faces challenges in managing expenses and cautious loan growth due to changing consumer behavior. Opportunities lie in reaccelerating growth and effective net interest margin management.

Discover reports Q1 net income decline but showcases revenue growth

Discover's Q1 2024 earnings call highlighted a decline in net income due to increased reserves, offset by strong financial performance and revenue growth driven by loan expansion. The company's emphasis on risk management, compliance, and decision-making aims to maximize shareholder value. While facing challenges such as higher charge-offs and increased expenses, Discover remains focused on growth opportunities and credit performance expectations.

Discover reports stellar Q2 earnings amidst strategic portfolio realignment

Discover's Q2 2024 performance reflects robust financial growth driven by improved net income and operational efficiencies.
While facing challenges such as rising expenses and pending mergers, the company maintains a strong capital position and strategic focus.
Opportunities lie in portfolio optimization, merger synergies, and operational enhancements, positioning Discover for sustained growth.

Discover (DFS) reports robust Q3 earnings and strategic achievements

Discover's Q3 earnings call highlights strong financial results, strategic achievements, and regulatory updates. The company's focus on customer satisfaction, employee engagement, and financial performance positions it for continued success.

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Discover Financial Services is a holding company. It operates under the Digital Banking and Payment Services segments. The Digital Banking segment focuses on consumer banking and lending products, specifically Discover-branded credit cards issued to individuals on the Discover Network and other consumer banking products and services including private student loans, personal loans, home loans, and deposit products. The Payment Services segment includes PULSE, Diners Club, and the Network Partners business, which provides payment transaction processing and settlement services on the Discover Global Network. The company was founded in 1960 and is headquartered in Riverwoods, IL.

NEW YORK , Aug. 1, 2023 /PRNewswire/ -- The Klein Law Firm announces that it is investigating allegations that Discover Financial Services ("Discover") (NYSE: DFS) violated federal securities laws. CURRENT INVESTIGATION DETAILS:On July 20, 2023, pre-market, Discover revealed it was in discussions with regulators about how it misclassified certain credit card products for about 15 years.

DFS NEWS: The Klein Law Firm Initiates an Investigation Involving Possible Securities Fraud Violations by Officers of Discover Financial Services

NEW YORK , July 31, 2023 /PRNewswire/ -- Attention Discover Financial Services ("Discover") (NYSE: DFS) shareholders: The Law Offices of Vincent Wong announce that an investigation has commenced into Discover and certain of its officers and directors regarding potential securities fraud. The investigation concerns, in part, the below: On July 20, 2023, pre-market, Discover revealed it was in discussions with regulators about how it misclassified certain credit card products for about 15 years.

DFS ALERT: The Law Offices of Vincent Wong Investigate Discover Financial Services for Potential Violations of Securities Laws

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Bipartisan support for the Credit Card Competition Act has surged since it was introduced last year.

The fight over a bill targeting credit card fees pits payment companies against retailers

LOS ANGELES, CA / ACCESSWIRE / July 29, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Discover Financial Services ("Discover" or "the Company") (NYSE: DFS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Discover Financial Services and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm

NEW YORK , July 28, 2023 /PRNewswire/ -- Jakubowitz Law announces that an investigation into potential securities fraud allegations has commenced on behalf of shareholders of Discover Financial Services (NYSE: DFS) To be contacted by a member of our team, fill out the form: https://claimyourloss.com/securities/discover-class-action-loss-submission-form/?id=42680&from=4 Further details on the investigation: On July 20, 2023, pre-market, Discover revealed it was in discussions with regulators about how it misclassified certain credit card products for about 15 years. The company incorrectly classified certain credit card accounts into its highest merchant and merchant acquirer pricing tier, beginning around mid-2007.

DFS FRAUD ALERT: Jakubowitz Law is Investigating Discover Financial Services in Connection with Potential Violations of Federal Securities Laws

NEW YORK , July 26, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Discover Financial Services: On July 20, 2023, pre-market, Discover revealed it was in discussions with regulators about how it misclassified certain credit card products for about 15 years. The company incorrectly classified certain credit card accounts into its highest merchant and merchant acquirer pricing tier, beginning around mid-2007.

INVESTIGATION ALERT: The Gross Law Firm Notifies Shareholders of Discover Financial Services of an Investigation and Potential Class Action Lawsuit - (NYSE: DFS)

NEW YORK--(BUSINESS WIRE)-- #Action--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Discover Financial Services (“Discover” or the “Company”) (NYSE: DFS) on behalf of Discover stockholders. Our investigation concerns whether Discover has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On July 20, 2023, pre-market, Discover revealed that it was.

DISCOVER ALERT: Bragar Eagel & Squire, P.C. is Investigating Discover Financial Services on Behalf of Discover Stockholders and Encourages Investors to Contact the Firm

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Discover Financial Services (“Discover” or the “Company”) (NYSE: DFS) investors concerning the Company's possible violations of the federal securities laws. If you suffered a loss on your Discover investments or would like to inquire about potentially pursuing claims to recover your loss under the federal secur.

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Discover Financial Services (DFS) on Behalf of Investors

NEW YORK , July 21, 2023 /PRNewswire/ -- Levi & Korsinsky notifies investors that it has commenced an investigation of Discover Financial Services ("Discover") (NYSE: DFS) concerning possible violations of federal securities laws. On July 20, 2023, pre-market, Discover revealed it was in discussions with regulators about how it misclassified certain credit card products for about 15 years.

DFS INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Officers of Discover Financial Services

BENSALEM, Pa.--(BUSINESS WIRE)--Law Offices of Howard G. Smith announces an investigation on behalf of Discover Financial Services (“Discover” or the “Company”) (NYSE: DFS) investors concerning the Company's possible violations of federal securities laws. On July 19, 2023, Discover disclosed that it incorrectly classified certain credit card accounts into its highest merchant and merchant acquirer pricing tier since mid-2007. The Company further disclosed that, as of June 30, 2023, the Company'.

INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Discover Financial Services (DFS) on Behalf of Investors

RADNOR, Pa.--(BUSINESS WIRE)-- #classaction--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Discover Financial Services (NYSE: DFS) (“Discover Financial”). On July 19, 2023, Discover Financial disclosed in a statement that the company had misclassified some of its credit cards. Specifically, Discover Financial revealed that it misclassified certain credit card accounts into its highe.

DFS Investigation Notice: Kessler Topaz Meltzer & Check, LLP is Investigating Securities Fraud Claims on Behalf of Discover Financial Services (NYSE: DFS) Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Discover Financial Services (“Discover” or the “Company”) (NYSE: DFS) on behalf of investors concerning the Company's possible violations of federal securities laws. If you are a shareholder who suffered a loss, click here to participate. On July 19, 2023, Discover disclosed that it incorrectly classified certain credit card accounts into its highest merchant and merchant acquirer pricing tier since mid.

The Law Offices of Frank R. Cruz Announces Investigation of Discover Financial Services (DFS) on Behalf of Investors

Discover Financial has fallen over 15% on an accounting issue combined with compliance concerns with the FDIC. The business remains strong with the financial still producing a $14+ annual EPS rate. The stock is cheap at 7x EPS targets, but Discover could fall further under the weight of the accounting and compliance issues.

Discover Financial: Don't Panic

Shares of Discover Financial Services DFS are providing those buy-the-dip traders with an opportunity on Thursday, but it doesn't come without risk.

How To Earn $500 A Month From Discover Financial Stock Amid Regulatory Scrutiny - Discover Finl (NYSE:DFS)

Discover Financial's (DFS) Q2 results reflect poor performance in the Digital Banking segment and rising total expenses. Improving Payment Services segment partially offset the negatives.

Discover Financial (DFS) Q2 Earnings Miss, Revenues Up Y/Y

Discover Financial Services (DFS) stock fell as much 15% in trading on Thursday after it disclosed regulatory issues involving the misclassification of its credit cards in its second quarter earnings report.

Discover Shares Tumble As It Suspends Buybacks on Regulatory Issues

Discover Financial Services (NYSE:DFS ) Q2 2023 Earnings Conference Call July 20, 2023 8:00 AM ET Company Participants Eric Wasserstrom - Head of IR Roger Hochschild - CEO John Greene - CFO Conference Call Participants Rick Shane - JPMorgan Jeff Adelson - Morgan Stanley Ryan Nash - Goldman Sachs John Hecht - Jefferies Don Fandetti - Wells Fargo Sanjay Sakhrani - KBW Kevin Barker - Piper Sandler Mihir Bhatia - Bank of America Nick Holowko - UBS Bob Napoli - William Blair Arren Cyganovich - Citi Dominick Gabriele - Oppenheimer Bill Ryan - Seaport Research Partners Operator Good morning. My name is Todd, and I will be your conference operator today.

Discover Financial Services (DFS) Q2 2023 Earnings Call Transcript

Discover Financial Services DFS, -16.58% stock was down 16.5% to $101.61 in recent trades, after the company disclosed an investigation by the Federal Deposit Insurance Corp. The stock is headed for its largest single-day loss since March 18, 2020, when the stock fell by 26.77%, according to Dow Jones Market Data. Discover Financial also said it booked a $365 million liability to provide refunds to merchants after a misclassification of some credit-card accounts.

Discover Financial's one-day percentage drop most since March, 2020

The company said that it has been overcharging merchants on certain fees since 2007. Management also said it has received a proposed consent order from the FDIC.

Why Shares of Discover Financial Services Are Plunging Today

Discover Financial (NYSE: DFS ) stock is falling on Thursday after the financial services company revealed it's undergoing a regulatory review. According to a press release from Discover Financial, this review is connected to how the company classified certain merchant cards.

Why Is Discover Financial (DFS) Stock Down 13% Today?

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Shares of United Airlines Holdings Inc. UAL, +0.02% rose 3% in premarket trade after the air carrier raised its full-year profit outlook, following strong second-quarter results.

Netflix shares slump on revenue outlook, Tesla stock slips on margin fears and other stocks on the move

Discover (DFS) came out with quarterly earnings of $3.54 per share, missing the Zacks Consensus Estimate of $3.66 per share. This compares to earnings of $3.96 per share a year ago.

Discover (DFS) Q2 Earnings Lag Estimates

Although the revenue and EPS for Discover (DFS) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Discover (DFS) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Shares in Discover Financial Services tumbled more than 13% in after-hours trading on Wednesday after its quarterly earnings fell short of expectations and it announced a share repurchase pause as it investigates incorrect classification of credit card accounts from around mid-2007.

Discover Financial shares sink after profit miss, buyback pause

Shares of Discover Financial Services DFS, +0.12% dropped more than 8% in the after-hours trading Wednesday after the company reported better-than-expected quarterly earnings but disclosed a Federal Deposit Insurance Corp. probe and that it had made accounting missteps going back years. Discovery earned $901 million, or $3.54 a share, in the second quarter, compared with $1.1 billion, or $3.93 a share, in the year-ago quarter.

News for Discover Stock (DFS)