Discover Finl Q4 2023 GAAP EPS $1.54 Misses $2.52 Estimate
Portfolio Pulse from Benzinga Newsdesk
Discover Financial Services (NYSE:DFS) reported a Q4 2023 GAAP EPS of $1.54, which fell short of the analyst consensus estimate of $2.52 by 38.89%.
January 17, 2024 | 9:17 pm
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Discover Financial Services reported a significant earnings miss for Q4 2023, with GAAP EPS at $1.54 compared to the expected $2.52.
Earnings misses typically result in negative investor sentiment and can lead to a decrease in stock price in the short term. Given the significant miss of 38.89%, it is likely that there will be a negative impact on DFS's stock price.
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