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Discover Financial Services Reports $1.3 Billion Quarterly Profit

By USinMinutes - Jan 22, 2025, 04:19 PM ET
Last Updated - Jan 22, 2025, 04:20 PM EST
Discover Financial Services Reports $1.3 Billion Quarterly Profit

The company records $4.8 billion revenue for Q4 ended Dec 31, 2024

Discover Financial Services [DFS] reported $1.3 billion profit   for Q4 ended Dec 31, 2024, showing an increase of $934 million.

The company revealed in its 8-K filing to the SEC dated Jan 22, 2025 that it generated revenue of $4.8 billion   for the period, showing an increase of $579 million from the last quarter.

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Based in Riverwoods, IL, the company reported $5.1   earnings per share for the period, compared to $1.5 in the last quarter.

The company's profit increased by 255.19% from $366 million in the last quarter.

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