RTTNews | Jan 19, 2022 04:25PM EST

16:25 Wednesday, January 19, 2022 (RTTNews.com) - Discover Financial Services (DFS) reported a profit for its fourth quarter that increased from the same period last year but missed the Street estimates.

The company's earnings totaled $1.06 billion, or $3.64 per share. This compares with $0.79 billion, or $2.59 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $3.67 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.3% to $2.94 billion from $2.82 billion last year.

Discover Financial Services earnings at a glance (GAAP) :

-Earnings (Q4): $1.06 Bln. vs. $0.79 Bln. last year.-EPS (Q4): $3.64 vs. $2.59 last year.-Analyst Estimate: $3.67-Revenue (Q4): $2.94 Bln vs. $2.82 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3256001/discover-financial-services-reveals-climb-in-q4-bottom-line-but-misses-estimates.aspx)

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