Discover reports Q3 EPS $2.59, consensus $3.18

Reports Q3 NII $3.32B vs. $2.84B last year. “The quarter was characterized by strong growth in revenues, receivables and deposits, while credit continued to season with charge-offs within expected ranges,” said John Owen, CEO. “These results underscore the strength of our business model, the power of our brand, and our commitment to providing best-in-class customer service while enhancing our compliance and risk management capabilities, which remains our top priority.”