Discover Financial Services Future Growth
Future criteria checks 2/6
Discover Financial Services is forecast to grow earnings and revenue by 5.8% and 12.8% per annum respectively. EPS is expected to grow by 7.2% per annum. Return on equity is forecast to be 18.3% in 3 years.
Key information
5.8%
Earnings growth rate
7.2%
EPS growth rate
| Consumer Finance earnings growth | 12.6% |
| Revenue growth rate | 12.8% |
| Future return on equity | 18.3% |
| Analyst coverage | Good |
| Last updated | 10 Apr 2024 |
Recent future growth updates
Recent updates
Capital One Makes A Brilliant Step Forward With Discover
Mar 05Discover Financial Services: High-Yielding Digital Bank And Payment Network
Feb 05Discover Financial Services: Down But Far From Out
Jan 26Discover Financial Q4 Earnings Preview: Credit Losses Are The Primary Concern
Jan 15Discover Financial Services' (NYSE:DFS) Price Is Right But Growth Is Lacking After Shares Rocket 29%
Dec 22
Discover Financial Services: Harvesting Low-Hanging Fruit
Nov 19Discover: Q3 Results Worsen The Uncertainties Weighing On Shares
Oct 20Discover Financial: Growing Dividend, No Margin Of Safety
Oct 09Discover Financial Is An Attractive, Yet Risky Play
Sep 19Discover Financial: Credit Card Delinquencies May Soon Rise Above Normal Levels
Aug 23Discover Financial: CEO Departure And FDIC Probe Beginning (Rating Downgrade)
Aug 16Discover Financial: Don't Panic
Jul 20Discover Financial: A Modest Buy Opportunity With A Leading Global Card Network
Jun 26Taking My Discover Financial Gains Off The Table
Feb 03Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 12/31/2026 | 17,184 | 3,568 | N/A | N/A | 7 |
| 12/31/2025 | 16,363 | 3,161 | N/A | N/A | 14 |
| 12/31/2024 | 16,447 | 2,797 | N/A | N/A | 15 |
| 12/31/2023 | 9,842 | 2,859 | 8,260 | 8,563 | N/A |
| 9/30/2023 | 10,437 | 3,510 | 7,569 | 7,862 | N/A |
| 6/30/2023 | 10,790 | 3,837 | 6,797 | 7,092 | N/A |
| 3/31/2023 | 10,881 | 4,039 | 6,936 | 7,197 | N/A |
| 12/31/2022 | 10,934 | 4,286 | 6,904 | 7,140 | N/A |
| 9/30/2022 | 10,769 | 4,329 | 6,081 | 6,307 | N/A |
| 6/30/2022 | 10,666 | 4,410 | 6,113 | 6,309 | N/A |
| 3/31/2022 | 11,446 | 5,001 | 6,041 | 6,245 | N/A |
| 12/31/2021 | 11,833 | 5,323 | 5,825 | 6,019 | N/A |
| 9/30/2021 | 11,489 | 5,084 | 6,109 | 6,310 | N/A |
| 6/30/2021 | 10,861 | 4,780 | 5,780 | 5,985 | N/A |
| 3/31/2021 | 8,033 | 2,728 | 5,781 | 6,024 | N/A |
| 12/31/2020 | 5,954 | 1,104 | 5,935 | 6,196 | N/A |
| 9/30/2020 | 5,769 | 1,014 | 5,749 | 6,027 | N/A |
| 6/30/2020 | 5,906 | 1,012 | 5,264 | 5,550 | N/A |
| 3/31/2020 | 7,355 | 2,125 | 5,280 | 5,541 | N/A |
| 12/31/2019 | 8,228 | 2,908 | 5,912 | 6,196 | N/A |
| 9/30/2019 | 8,127 | 2,884 | 5,204 | 5,493 | N/A |
| 6/30/2019 | 8,008 | 2,834 | 5,993 | 6,280 | N/A |
| 3/31/2019 | 7,804 | 2,748 | 6,010 | 6,288 | N/A |
| 12/31/2018 | 7,674 | 2,689 | 4,937 | 5,191 | N/A |
| 9/30/2018 | 7,602 | 2,367 | 5,820 | 6,054 | N/A |
| 6/30/2018 | 7,471 | 2,257 | 5,767 | 6,000 | N/A |
| 3/31/2018 | 7,389 | 2,126 | 5,204 | 5,433 | N/A |
| 12/31/2017 | 7,318 | 2,031 | 4,990 | 5,208 | N/A |
| 9/30/2017 | 7,163 | 2,222 | N/A | 4,876 | N/A |
| 6/30/2017 | 7,168 | 2,258 | N/A | 4,641 | N/A |
| 3/31/2017 | 7,193 | 2,328 | N/A | 4,280 | N/A |
| 12/31/2016 | 7,240 | 2,339 | N/A | 4,425 | N/A |
| 9/30/2016 | 7,181 | 2,277 | N/A | 4,177 | N/A |
| 6/30/2016 | 7,181 | 2,251 | N/A | 4,007 | N/A |
| 3/31/2016 | 7,246 | 2,235 | N/A | 3,949 | N/A |
| 12/31/2015 | 7,227 | 2,246 | N/A | 3,854 | N/A |
| 9/30/2015 | 7,263 | 2,150 | N/A | 3,810 | N/A |
| 6/30/2015 | 7,239 | 2,181 | N/A | 3,718 | N/A |
| 3/31/2015 | 7,182 | 2,225 | N/A | 3,760 | N/A |
| 12/31/2014 | 7,034 | 2,270 | N/A | 3,826 | N/A |
| 9/30/2014 | 7,225 | 2,466 | N/A | 3,808 | N/A |
| 6/30/2014 | 7,124 | 2,415 | N/A | 3,201 | N/A |
| 3/31/2014 | 7,114 | 2,373 | N/A | 3,154 | N/A |
| 12/31/2013 | 7,139 | 2,414 | N/A | 3,517 | N/A |
| 9/30/2013 | 6,352 | 2,047 | N/A | 2,673 | N/A |
| 6/30/2013 | 6,490 | 2,099 | N/A | 3,239 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: DFS's forecast earnings growth (5.8% per year) is above the savings rate (2.3%).
Earnings vs Market: DFS's earnings (5.8% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: DFS's earnings are forecast to grow, but not significantly.
Revenue vs Market: DFS's revenue (12.8% per year) is forecast to grow faster than the US market (8.1% per year).
High Growth Revenue: DFS's revenue (12.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: DFS's Return on Equity is forecast to be low in 3 years time (18.3%).