Discover Financial Services Reports Q4 EPS, Revenue Beat

Discover Financial Services fell 0.7% in Tuesday’s after hours session after the company reported financial results for Q4, with better-than-expected earnings and revenue; it also provided guidance for fiscal 2017.

The direct banking and payment services company posted earnings of $1.40 per share, compared with the prior-year period’s $1.14 per share. Analysts polled by Capital IQ were expecting EPS of $1.39.

Revenue was $2.36 billion, up from $2.34 billion in the same quarter last year. The Street view was for revenue of $2.34 billion.

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