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Discover (DFS) Q1 Earnings and Revenues Surpass Estimates

Discover (DFS) came out with quarterly earnings of 4.25pershare,beatingtheZacksConsensusEstimateof4.25 per share, beating the Zacks Consensus Estimate of 3.30 per share. This compares to earnings of 1.10pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof28.791.10 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 28.79%. A quarter ago, it was expected that this credit card issuer and lender would post earnings of 3.17 per share when it actually produced earnings of $5.11, delivering a surprise of 61.20%. Over the last four quart ...