Seeking Alpha

Discover Financial Services beats by $0.05, beats on revenue

  • Discover Financial Services (NYSE:DFS): Q2 EPS of $1.35 beats by $0.05.
  • Revenue of $2.17B (+6.4% Y/Y) beats by $10M.
  • Press Release
Comments (5)
  • db313706
    , contributor
    Comments (213) | Send Message
     
    Excellent news.... now when can I expect a dividend increase?
    22 Jul 2014, 04:31 PM Reply Like
  • ls1gto
    , contributor
    Comments (131) | Send Message
     
    It was just recently increased by 20%. What more do you want?
    22 Jul 2014, 04:38 PM Reply Like
  • db313706
    , contributor
    Comments (213) | Send Message
     
    Hmmm must have missed that one. Payout still sits below 20% I failed to make the connection.
    22 Jul 2014, 04:41 PM Reply Like
  • tomlos
    , contributor
    Comments (1163) | Send Message
     
    Yea, what else do you want from them? They're performing fantastically and we should be able to expect double digit increases for some time to come.
    22 Jul 2014, 05:03 PM Reply Like
  • devlau20
    , contributor
    Comments (165) | Send Message
     
    The customer service quality at Discover Card is on par with or better than that offered by AMEX. Discover has done a superb job with creating card services that appeal to the consumer. Discover's cash back offers & product purchase discounts trounce BAC's offensive coupon offers which expire after 6 months. Discover 2-3% fee on balance transfers; BAC's 4-5%; Chase 12mos compared to Discover's 18 mos. Other cards are out of touch with the consumer,
    while Discover leads the pack. Expect to see further growth over the next three years! I see this card competing with American Express easily (not that it needs to), and taking market share from VISA/Mastercard/Chase & BAC (dreadful) with great ease.
    22 Jul 2014, 05:53 PM Reply Like
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