Posts Tagged ‘well-as-gains’

PostHeaderIcon Discover Surpasses Estimates

On June 24, Discover Financial Services (DFS) reported a fiscal second quarter profit of $258 million or 33 cents per share. The earnings were well ahead of the Zacks Consensus Estimate?at 11 cents. The surge in profits was?due to a significant rise in the use of credit cards with reduced defaults, as well as gains from the payments business driven by strong volumes.

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Discover Surpasses Estimates