文章核心观点 - 消费者趋于谨慎,Discover信用卡销售额同比下降3% [1][2] - Discover的借记卡交易量增加18%,显示消费者更倾向于使用借记卡 [2] - Discover的个人贷款增长13%,但公司已谨慎收紧了贷款标准 [6] - Discover同意以高于账面价值的溢价出售100.1亿美元的学生贷款组合 [8][10] 公司经营情况总结 - 信用卡应收账款增长7%,但30天逾期率和净损失率均有所上升,反映消费者谨慎态度 [3][4] - 存款余额同比增长15%至103亿美元 [3] - 学生贷款组合的净损失率从1.3%上升至1.9%,受到宏观经济压力的影响 [9] - 公司正在简化业务结构,与Capital One的并购交易正在推进中 [10][11]

文章核心观点 - 2024年上半年,主要指数表现出现分化,其中道琼斯指数创新高,而纳斯达克指数和标普500指数下跌[1] - 过去一个月来,罗素2000指数涨幅最大,达10%,而纳斯达克指数涨幅不到1%[2] - 半导体股票如ASML、AMD和英伟达等遭到抛售,与总统候选人对中国和台湾政策的言论有关[2] - 发现金融服务公司(DFS)和联合航空公司(UAL)的二季度财报表现不一[3][4] - 达德餐饮公司(DRI)宣布以6.05亿美元收购Chuy's Holdings公司[5] 行业总结 - 主要指数表现分化,其中科技股和半导体股遭到抛售[1][2] - 金融和航空等行业公司二季度财报表现不一[3][4] - 餐饮行业出现并购活动[5] 公司总结 - 发现金融服务公司二季度财报大幅超预期,净利润达6.06美元/股[3] - 联合航空公司二季度财报次季指引下调,但全年指引维持不变[4] - 达德餐饮公司以6.05亿美元收购Chuy's Holdings公司[5]

For the quarter ended June 2024, Discover (DFS) reported revenue of $4.54 billion, up 17% over the same period last year. EPS came in at $6.06, compared to $3.54 in the year-ago quarter.The reported revenue represents a surprise of +9.09% over the Zacks Consensus Estimate of $4.16 billion. With the consensus EPS estimate being $3.06, the EPS surprise was +98.04%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next m ...

Discover (DFS) came out with quarterly earnings of $6.06 per share, beating the Zacks Consensus Estimate of $3.06 per share. This compares to earnings of $3.54 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 98.04%. A quarter ago, it was expected that this credit card issuer and lender would post earnings of $2.98 per share when it actually produced earnings of $1.10, delivering a surprise of -63.09%.Over the last four quarter ...

Exhibit 10.1 PURCHASE AGREEMENT by and between DISCOVER BANK and SANTIAGO HOLDINGS, LP Dated as of July 17, 2024 TABLE OF CONTENTS ARTICLE I DEFINITIONS | --- | --- | --- | --- | |--------------|--------------------------------------------------|--------------------------|-------| | Section 1.1 | Definitions | | 2 | | | | ARTICLE II | | | | | PURCHASE AND SALE | | | Section 2.1 | Purchase and Sale of Purchased Assets | | 19 | | Section 2.2 | Excluded Assets | | 20 | | Section 2.3 | Assumption of Assumed Lia ...

Discover Financial Services plans to sell its $10.1 billion private student loan portfolio.The company’s Discover Bank entered into an agreement to sell the portfolio to one or more strategic partnerships made up of funds and accounts managed by global investment firms Carlyle and KKR, Discover said in a Wednesday (July 17) press release.The purchase price is expected to be up to $10.8 billion, according to the release.Subject to customary closing conditions, the transaction is expected to be completed by t ...

RIVERWOODS, ILLINOIS - FEBRUARY 19: A sign sits at the entrance of the Discover Financial Services ... [+] corporate headquarters campus on February 19, 2024 in Riverwoods, Illinois. (Photo by Scott Olson/Getty Images)Getty ImagesDiscover Financial (NYSE: DFS) stock gained 22% YTD, as compared to the 18% rise in the S&P500 index. Notably, Discover Financial’s peer American Express (NYSE: AXP) is up 30% YTD. Overall, DFS is scheduled to report its fiscal Q2 2024 results on Thursday, July 18, 2024. We expect ...

Discover Financial Services (DFS) is expected to post an earnings beat in its second-quarter 2024 results, scheduled to be released on Jul 17, after the closing bell.The Zacks Consensus Estimate for earnings per share is pegged at $3.06, which witnessed 10 upward estimate revisions compared with none down over the past 60 days. During this time, the estimate gained 4.8%. However, the estimate indicates a decline of 13.6% from the prior-year quarter’s reported figure.  On the other hand, the consensus estima ...

In its upcoming report, Discover (DFS) is predicted by Wall Street analysts to post quarterly earnings of $3.06 per share, reflecting a decline of 13.6% compared to the same period last year. Revenues are forecasted to be $4.16 billion, representing a year-over-year increase of 7.3%.The current level reflects an upward revision of 2.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial project ...

JHVEPhoto While up 10% over the past year, shares of Discover Financial (NYSE:DFS) have had a volatile journey. Management turnover and rising credit losses weighed on shares in mid-2023 and January 2024, but this was upset by the surprising news that Capital One Financial (COF) would acquire DFS, sending shares rallying. I last covered DFS before Q4 earnings, rating shares a “sell.” While they did indeed fall on the earnings report as expected, the COF bid later caused shares to rally. As such, shares ...