Discover Financial ServicesNYSE: DFS

Discover Financial (DFS) accelerates its footprint in Singapore with NETS and enhances cardholder experience.

Discover (DFS) released their earnings report a month ago. What can we expect for the stock going forward?

The acquisition of Discover Financial Services by Capital One for $35 billion is proceeding as planned. During a brief first-quarter earnings call, Discover's management mentioned that consumer loans are increasing.

Discover Financial (DFS) anticipates low-single digit loan growth in 2024.

While the financial results of Discover (DFS) for the quarter ending in March 2024 provide an overview of the company's performance, it may be beneficial to examine how certain key metrics stack up against analyst predictions and previous year's figures.

Discover (DFS) reported earnings of $1.10 per share for the quarter, falling short of the Zacks Consensus Estimate of $2.98 per share. This is lower than the earnings of $3.58 per share reported in the same quarter last year.

Discover Financial (NYSE: DFS) is set to announce its fiscal Q1 2024 earnings on Wednesday, April 17, 2023, after the market closes. We anticipate that Discover Financial will surpass the consensus estimates for both revenue and earnings.

Investors eagerly anticipate earnings season as companies unveil their financial results, and next week three significant companies are set to announce.

It is anticipated that Discover Financial's (DFS) first-quarter earnings will demonstrate an increase in net interest income as well as higher volume for PULSE and Diners Club transactions.