Earnings Preview: Discover Financial Services Reports Q4 Results Thursday

| About: Discover Financial (DFS)
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Discover Financial Services (NYSE:DFS) is anticipated to report earnings before the opening bell on December 15, 2011.

DFS trades an average of 5.1 million shares per day.

  • 52 Week High: $27.92
  • 52 Week Low: $17.86
  • Book Value: $14.88
  • Float Short: 1.77%

On average, 17 analysts are expecting a drop of $-0.28 in earnings per share compared to last quarter's results of $1.18. Investors will be looking to top $0.90 per share, based on the estimated mean earnings. Analyst estimates range between $0.73 and $1.04 per share.

The bottom line has falling earnings year-over-year of $764.79 million for 2010 vs. $1.28 billion for 2009.

Gross reported revenue compared to the mean estimate (rounded).

Fiscal Quarter Ending Month-Year Revenue Estimates Actual $ Difference Difference %
Aug-11 $ 1.77 B $ 1.79 B $ 19.61 M 1.11%
May-11 $ 1.67 B $ 1.74 B $ 69.84 M 4.19%
Feb-11 $ 1.63 B $ 1.73 B $ 99.49 M 6.09%
Nov-10 $ 1.63 B $ 1.60 B $ -38.39 M -2.35%
Aug-10 $ 1.63 B $ 1.71 B $ 80.90 M 4.96%

M = millions, B = billions

Differences are rounded. (Some onetime items are often excluded in reported EPS.)

paid2trade.com Quarterly Estimates And Actual EPS results DFS

Reported earnings per share compared to the mean estimate. Differences are rounded.

The total short interest number of shares for DFS:

paid2trade.com short interest tool. The total short interest number of shares for DFS

The number of days to cover short interest based on average daily trading volume for DFS.

paid2trade.com number of days to cover short interest based on average daily trading volume for DFS

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I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the "confirmed" symbols from earnings.com that I believe to be of the most interest.

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