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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Discover Financial Services | NYSE:DFS | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
4.02 | 2.93% | 141.08 | 141.95 | 136.74 | 137.00 | 1,080,889 | 17:53:09 |
By Robert Barba
Discover Financial Services (DFS) reported third-quarter net income of $720 million, up nearly 20% from a year earlier, as loans grew by 8%.
The credit-card company said Thursday that earnings per share were $2.05 for the quarter, just below FactSet's analyst estimates of $2.06 a share.
Revenue was $2.72 billion, up 7.9% from a year earlier. Analysts expected revenue of $2.71 billion.
Total loans at the end of the quarter were $86.9 billion. The company's net interest margin was 10.28%, flat from a year earlier.
Write to Robert Barba at robert.barba@wsj.com
(END) Dow Jones Newswires
October 25, 2018 17:01 ET (21:01 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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