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Discover Reports Better-Than-Expected Q3 Results, Higher Delinquency Rates YOY: Details

Discover Financial Services (NYSE:DFS) reported its third-quarter financial results after Wednesday's closing bell. Here's a look at the details from the report. 

The Details: Discover reported quarterly earnings of $3.69 per share, which beat the analyst consensus estimate of $3.44. Quarterly revenue came in at $4.453 billion, which beat the analyst consensus estimate of $4.346 billion and is a 10.11% increase over sales of $4.044 billion from the same period last year.

The company reported third-quarter 30 or more days delinquency rates of 3.84%, up from 3.41% from the same quarter last year and 90 or more days delinquency rates of 1.87%, up from 1.57%.

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