Discover Finl Q2 2024 GAAP EPS $6.06 vs $3.07 Estimate, Net Interest Income $3.524B
Portfolio Pulse from Benzinga Newsdesk
Discover Financial Services (NYSE:DFS) reported Q2 2024 GAAP EPS of $6.06, significantly beating the analyst consensus estimate of $3.07. The company also reported net interest income of $3.524 billion.
July 17, 2024 | 8:27 pm
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Discover Financial Services reported Q2 2024 GAAP EPS of $6.06, significantly beating the analyst consensus estimate of $3.07 by 97.39%. The company also reported net interest income of $3.524 billion.
The significant beat on EPS and strong net interest income are likely to positively impact the stock price of Discover Financial Services in the short term. Investors typically react favorably to earnings that exceed expectations by such a large margin.
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