Discover Financial Services shares drop 13% on Q2 EPS miss
Discover Financial Services shares drop 13% on Q2 EPS miss
DFS
+0.12%
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Discover Financial Services (NYSE:DFS) shares dropped more than 13% after-hours following the company’s reported Q2 results, with EPS of $3.54 coming in worse than the consensus estimate of $3.72.
Revenue came in at $3.88 billion, in line with the consensus estimate. Total loans ended the quarter at $117.9B, representing a 19% year-over-year and a 5% quarter-over-quarter growth.
