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Discover Financial Services Announces Rise In Q4 Earnings

Discover Financial Services (DFS) released earnings for its fourth quarter that rose from the same period last year.

The company's earnings came in at $794 million, or $2.59 per share. This compares with $704 million, or $2.25 per share, in last year's fourth quarter.

Analysts had expected the company to earn $2.42 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 4.1% to $2.82 billion from $2.94 billion last year.

Discover Financial Services earnings at a glance:

-Earnings (Q4): $794 Mln. vs. $704 Mln. last year.
-EPS (Q4): $2.59 vs. $2.25 last year.
-Analysts Estimate: $2.42
-Revenue (Q4): $2.82 Bln vs. $2.94 Bln last year.

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