A number of big-name dividend stocks announced their earnings after market close on Monday. Below, we highlight the information that investors need to know about these quarterly reports.
Discover Posts Lower Quarterly Earnings
Credit card issuer and electronics payment company Discover Financial Services (DFS
) announced earnings of $593 million, or $1.20 per diluted share, which was down from last year’s Q3 earnings of $637 million, or $1.24 per diluted share. The company’s revenues were up slightly from Q3 2012, coming in at $2.06 billion, compared to $2.0 billion in the prior year’s third quarter. Discover beat analysts’ EPS estimates of $1.19, but missed on the revenue estimate of $2.07 billion.
Texas Instruments Posts Lower Q3 Earnings; Beats Estimates
Technology company Texas Instruments (TXN
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