Discover Financial Services (NYSE:DFS) recently reported earnings for its third quarter of Fiscal Year 2022. Earnings per share came in at $3.54, which missed analysts’ consensus estimate of $3.71 per share. In the past nine quarters, the company has beaten estimates seven times.
Sales increased 25.3% year-over-year, with revenue hitting $3,479 billion compared to $ 2.777 billion. This was also higher than the $3.397 billion that analysts were looking for.
Is DFS a Good Stock to Buy?
DFS has a Moderate Buy consensus rating based on five Buys, three Holds, and zero Sells assigned in the past three months. The average DFS stock price target of $115.13 implies 20% upside potential.
