Discover Financial Services (DFS): FQ3 EPS of $1.07, not comparable to consensus of -$0.11. Net...

|About: Discover Financial Services (DFS)|By:, SA News Editor
Discover Financial Services (DFS): FQ3 EPS of $1.07, not comparable to consensus of -$0.11. Net charge-off rate +60bps from the previous quarter to 8.39%. Loan loss provision +23% ($170M) Y/Y. Maintains "a very cautious view of credit due to the mixed signals in the US economy." Shares +5.2% premarket. (PR)