The all-stock transaction will be at a premium of 26.6% based on Discover's closing price of $110.49 on Feb. 16, with Discover shareholders set to receive 1.0192 Capital One shares for each ...

Discover Financial Services DFS is slated to report first-quarter 2023 earnings on Apr 19, after market close. The company’s earnings beat estimates in the last reported quarter.

Discover Financial’s Net Revenues have grown at an average annual rate of 8.5% from $9.1 billion in 2016 to $10.7 billion in 2018 and are expected to have grown at a similar pace in 2019 ...

Update 3:55pm: Adds Capital One comment. Discover Financial (NYSE: DFS) and Capital One (CFO) quickly fell after a report that Dept. of Justice staff has concerns about the $35.3 billion deal.

That is because Discover Financial Services is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising ...

Capital One Financial Corp. and Discover Financial Services shares fell after a report that staff at the US Department of Justice had concerns about their $35 billion merger.

Discover Financial has fallen over 15% on an accounting issue combined with compliance concerns with the FDIC. The business remains strong with the financial still producing a $14+ annual EPS rate.