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Barchart
Rashmi Kumari

Discover Financials' Q3 2024 Earnings: What to Expect

Discover Financial DFS Discover Financial Services

Discover Financial Services (DFS) is a direct banking and payment services company based in Riverwoods, Illinois. With a market cap of $34.92 billion, DFS offers a variety of financial products and services, including credit cards, personal loans, student loans, and deposit products. It is also known for its Discover Network, which processes transactions for millions of businesses. The company is set to announce its Q3 earnings after the market closes on Wednesday, Oct. 16.

Ahead of the event, analysts expect DFS to report a profit of $3.40 per share, up 31.3% from $2.59 in the year-ago quarter. In the last four quarters, the company has missed Wall Street’s bottom-line estimates in three and surpassed on another occasion.

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