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Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Discover

Discover Financial Services is a holding company, which engages in the provision of direct banking and payment services. It operates through the Direct Banking and Payment Services segments. The Direct Banking segment offers Discover-branded credit cards issued to individuals on the Discover Network and other consumer products and services, including private student loans, personal loans, home loans, and other consumer lending and deposit products. The Payment Services segment includes PULSE, Diners Club, and the company's network partners business, which includes credit, debit, and prepaid cards issued on the Discover Network. The company was founded in 1986 and is headquartered in Riverwoods, IL.

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Discover reports strong Q4 earnings, eyes digital growth opportunities

Discover (DFS) delivered strong financial results in Q4 2022, with robust earnings, asset growth, and strategic investments in digital capabilities and new product launches.
Despite facing challenges from a less favorable macroeconomic environment, the company's focus on efficiency, credit performance, and revenue growth positions it well for future success.
Opportunities lie in capitalizing on consumer trends, optimizing operational efficiency, and leveraging strong credit performance to drive growth and enhance shareholder value.
Overall, Discover's performance highlights resilience, strategic foresight, and a commitment to delivering value to shareholders amidst evolving market conditions.

Discover reports robust Q1 earnings and invests in tech for growth

Discover Financial Services delivered a strong performance in Q1 2023, driven by robust financial results, technological advancements, and strategic initiatives to enhance shareholder value.
While facing challenges such as spend growth slowdown and inflation pressures, Discover's focus on credit normalization, expense management, and innovation positions it well for future growth.
With a solid financial foundation, strong market position, and a commitment to technology and customer experience, Discover is poised to capitalize on opportunities for expansion and sustained success in the financial services industry.

Discover reports solid Q2 earnings, focuses on compliance and growth

Discover's Q2 performance reflects a mix of positives and challenges, with a strong focus on compliance, risk management, and sustainable growth. The company is committed to addressing compliance issues, investing in talent and technology, and aligning business decisions with customer needs. Discover remains confident in its business model despite competitive pressures and compliance challenges.

Discover reports robust Q3 earnings, invests in tech for growth

Discover's Q3 performance reflects strong revenue growth and strategic focus on customer experience and compliance.
While facing challenges with credit performance and rising expenses, the company is leveraging tech investments for future growth.
Opportunities lie in enhancing digital capabilities, driving loan growth, and capitalizing on positive spending trends.

Discover Financial Services reports strong Q4 performance and navigates challenges

Discover Financial Services delivered a solid performance in Q4 2023, focusing on compliance, customer experience, and financial strength. The company faces challenges in managing expenses and cautious loan growth due to changing consumer behavior. Opportunities lie in reaccelerating growth and effective net interest margin management.

Discover reports Q1 net income decline but showcases revenue growth

Discover's Q1 2024 earnings call highlighted a decline in net income due to increased reserves, offset by strong financial performance and revenue growth driven by loan expansion. The company's emphasis on risk management, compliance, and decision-making aims to maximize shareholder value. While facing challenges such as higher charge-offs and increased expenses, Discover remains focused on growth opportunities and credit performance expectations.

Discover reports stellar Q2 earnings amidst strategic portfolio realignment

Discover's Q2 2024 performance reflects robust financial growth driven by improved net income and operational efficiencies.
While facing challenges such as rising expenses and pending mergers, the company maintains a strong capital position and strategic focus.
Opportunities lie in portfolio optimization, merger synergies, and operational enhancements, positioning Discover for sustained growth.

Discover (DFS) reports robust Q3 earnings and strategic achievements

Discover's Q3 earnings call highlights strong financial results, strategic achievements, and regulatory updates. The company's focus on customer satisfaction, employee engagement, and financial performance positions it for continued success.

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Discover Financial Services is a holding company. It operates under the Digital Banking and Payment Services segments. The Digital Banking segment focuses on consumer banking and lending products, specifically Discover-branded credit cards issued to individuals on the Discover Network and other consumer banking products and services including private student loans, personal loans, home loans, and deposit products. The Payment Services segment includes PULSE, Diners Club, and the Network Partners business, which provides payment transaction processing and settlement services on the Discover Global Network. The company was founded in 1960 and is headquartered in Riverwoods, IL.

Johnson & Johnson

UnitedHealth Group

Earnings season is always an exciting time for investors, with companies finally revealing what's transpired behind closed doors. And concerning next week's docket, these three notable companies are scheduled to report.

3 Quarterly Releases to Watch Next Week

Discover Financial's (DFS) first-quarter results are expected to show growth in net interest income and PULSE and Diners Club volume.

Can Growing Costs Hurt Discover Financial's (DFS) Q1 Earnings?

Evaluate the expected performance of Discover (DFS) for the quarter ended March 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Countdown to Discover (DFS) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS

Discover Financial (DFS) will leverage Vertex AI, Google Cloud's AI platform, to equip its around 10,000 contact center agents with gen AI-driven tools.

Discover (DFS), Google Cloud Team Up to Boost Customer Service

Discover (DFS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Discover (DFS) Q1 Earnings Expected to Decline

Discover Financial Services has collaborated with Google Cloud to provide generative artificial intelligence (AI) tools to Discover's contact center agents. The rollout of the GenAI tools began in early 2024 and will continue across Discover, the companies said in a Tuesday (April 9) press release.

Discover and Google Cloud Develop GenAI Tools for Contact Centers

Nearly 10,000 customer care agents will be empowered with AI-driven capabilities, leading to faster resolution times and better customer experience RIVERWOODS, Ill. , April 9, 2024 /PRNewswire/ -- Cloud Next '24, LAS VEGAS -- Discover today announced a strategic collaboration with Google Cloud to introduce generative AI (gen AI) technology into its customer care centers.

Discover Financial Services Deploys Google Cloud's Generative AI to Transform Customer Service

Capital One

Capital One's proposed acquisition of Discover Financial currently offers a 15.2% merger arbitrage premium (plus dividends) in DFS shares for investors willing to wait for the deal to close. Merger arbitrage allows investors to profit from the price difference between the announcement of a deal and its closing. With higher rates and a healthy amount of M&A activity, some solid merger arb opportunities currently exist in the market for investors willing to bear antitrust risk.

Capitalizing On Capital One: Potential Merger Arb Returns With Discover Acquisition

RIVERWOODS, Ill.--(BUSINESS WIRE)--Discover Financial Services (NYSE: DFS) plans to report its First quarter 2024 results after the market closes on Wednesday, April 17, 2024. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com. A conference call to discuss the firm's results, outlook and related matters will be held on Thursday, April 18, 2024, at 7:00 a.m. Central Time. The live audio webcast will be accessible to the.

Discover Financial Services Announces First Quarter 2024 Earnings Release On April 17, 2024, and Conference Call on April 18, 2024

Discover said Michael Rhodes is resigning as CEO and president of the company, shortly after taking over both positions. Rhodes has been tapped as CEO of Ally Financial.

Discover Financial CEO Michael Rhodes Resigns

Discover Financial Services said on Wednesday its CEO Michael Rhodes will step down from his role, effective April 1, 2024.

Discover Financial says CEO Michael Rhodes will step down

Ally Financial

Discover Financial Services DFS, +2.06% said Wednesday that it had accepted the resignation of Chief Executive Michael G. Rhodes, who is moving on to become CEO at Ally Financial Inc. ALLY, +1.61% Rhodes's resignation from Discover takes effect Monday, April 1, and he starts at Ally on April 29.

Discover CEO resigns to take top job at Ally Financial

New York Community Bancorp

A freshened-up review process for bank mergers, proposed by federal regulators, may only go into effect if President Joe Biden is re-elected in November, analysts said Friday.

New bank-merger regulations could be undone if Biden loses in November

Capital One says its planned $35.3 billion purchase of Discover will boost competition. That's according to a report Thursday (March 21) by Reuters, citing information shared by a source who had seen the bank's regulatory application.

Capital One to Regulators: Discover Deal Will Increase Competition

190 million Americans have a credit card, and in 2022, 91 million of those cardholders paid interest on a revolving balance.

A Capital One - Discover Merger Could Raise Card Interest Rates

JPMorgan Chase & Co

Berkshire Hathaway is keeping one or more recent transactions confidential. Buffett probably bought a financial services stock because of hints in Berkshire's quarterly filings.

Warren Buffett Bought a Mystery Stock in Q4. Here Are 3 Good Candidates.

Coalition of advocacy groups warn that deal would ‘further concentrate risk' in the financial system and ‘must be stopped'

Capital One and Discover merger ‘dangerous', consumer groups tell Fed

We've also got a look at Home Depot earnings and other investing chat.

Breaking Down the Proposed Capital One-Discover Financial Services Deal

Becoming the next Visa or Mastercard is a tall order, but isn't necessary for Discover's network to pay off.

How Discover's Network Helps Capital One Take On Card and Banking Giants

““No matter your business, you cannot stay still for any length of time or your competitors will scratch and claw all over you.” Those are the words of Home Depot co-founder Arthur Blank.

Capital One-Discover Is About Finding the Future, Not Dominating the Present

Capital One's $35 billion acquisition of Discover could kick-start M&A activity in the industry. The combined entity would have over 100 million cardholders and nearly $250 billion of outstanding card loans. Regulatory scrutiny may increase due to the combined entity's market share leadership and potential unfair advantage.

Capital One + Discover, Does 1 + 1 = 3?

Dimon acknowledged that if regulators approve the Capital One-Discover deal, his bank will be eclipsed as the nation's biggest credit-card lender.

Jamie Dimon on Capital One's $35.3 billion Discover acquisition: 'Let them compete'

Mastercard

Visa

Capital One's acquisition of Discover would make it one of the largest credit card issuers in the U.S. The deal could help boost Discover's payment network and better compete with Visa and Mastercard. Visa and Mastercard could see their payment volume take a modest hit if Capital One moves its cards to Discover's network.

What Does the Capital One-Discover Deal Mean for Visa and Mastercard Investors?

NVIDIA

AT&T

Here are some of the major companies whose stocks moved on the week's news.

The Score: Discover Financial Services, Nvidia, AT&T and More Stocks That Defined the Week

Capital One's proposed purchase of Discover Financial is expected to face pushback from regulators, who are already being pressured by lawmakers to block the deal.

News for Discover Stock (DFS)