Actionable news
0
All posts from Actionable news
Actionable news in DFS: DISCOVER FINANCIAL SERVICES,

Discover Financial (DFS) Stock Slumps on Q2 Revenue Miss

NEW YORK (TheStreet) -- Shares of Discover Financial Services (DFS) are slipping 0.32% to $56.80 in after-hours trading on Tuesday after reporting mixed results for the 2016 second quarter.

After the market close, the payment services company reported adjusted earnings of $1.47 per share, beating analysts' projections of $1.42 per share.

Revenue came in at $2.216 billion for the quarter, which was below analysts' expectations of $2.228 billion.

"During the second quarter, we achieved loan growth within our target range and delivered strong profitability," CEO...


More