Discover (DFS) Q1 Earnings Lag Estimates

Discover (DFS) came out with quarterly earnings of $1.10 per share, missing the Zacks Consensus Estimate of $2.98 per share. This compares to earnings of $3.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -63.09%. A quarter ago, it was expected that this credit card issuer and lender would post earnings of $2.50 per share when it actually produced earnings of $1.54, delivering a surprise of -38.40%.Over the last four quarte ...