A Preview Of Discover Finl's Earnings
Portfolio Pulse from Benzinga Insights
Discover Financial Services (NYSE:DFS) is set to release its quarterly earnings report on October 18, 2023. Analysts estimate an earnings per share (EPS) of $3.15. The company's past performance shows a trend of EPS misses, followed by share price drops. The stock was trading at $90.82 as of October 16, with a 52-week return of -1.43%.
October 17, 2023 | 4:01 pm
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Discover Financial Services is expected to report an EPS of $3.15 for Q3 2023. The company's past performance shows a trend of EPS misses, followed by share price drops. The stock was trading at $90.82 as of October 16, with a 52-week return of -1.43%.
Given the company's past performance of missing EPS estimates and subsequent share price drops, there is a high likelihood of a negative impact on the stock price if the company fails to meet the EPS estimate of $3.15 for Q3 2023. The 52-week return of -1.43% also indicates a bearish sentiment among long-term shareholders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100