Analyst Expects Discover Financial To Further Narrow FY24 Guidance This Year: Details
Analyst Expects Discover Financial To Further Narrow FY24 Guidance This Year: Details
Discover Financial Services (NYSE:DFS) shares are trading higher today after the company reported better-than-expected second-quarter EPS results yesterday.
昨天公司公佈的第二季度每股收益結果超出預期，因此發現金融服務（紐交所：DFS）的股票今天交易較高。
The company reported GAAP earnings of $6.06 per share, beating the estimate of $3.07 per share, and quarterly Net Interest Income (NII) of $3.524 billion.
該公司報告的每股普通股收益爲6.06美元，超過每股3.07美元的預期，並盈利了每股35.24億美元的淨利息收入。
RBC Capital Markets analyst Jon G. Arfstrom says the stock's performance (Sector Perform, with a $140 price target) is likely to be influenced primarily by the pending merger with Capital One Financial Corporation (NYSE:COF), with the expectation that the acquisition will eventually be completed.
RBC資本市場分析師Jon G. Arfstrom表示，隨着與第一資本信貸公司（紐交所：COF）的成合並不久，該股票的表現（板塊表現，目標價140美元）將主要受到影響，預計併購最終將完成。
Concurrently, Discover is progressing independently by addressing regulatory and compliance issues, simplifying operations focused on core consumer banking and everyday card products, divesting student lending, and achieving peak credit costs, writes the analyst.
同時，分析師寫道，發現公司正在獨立地解決監管和合規問題，並簡化業務，專注於核心消費者銀行和日常信用卡產品，剝離學生貸款，並實現峯值信貸成本。
Arfstrom anticipates these strategic actions to position the company well as it moves forward in the year.
Arfstrom預計，這些戰略舉措將有助於使公司在今年繼續前進。
The company now projects an FY24 margin of 11.1% to 11.4%, up from 10.7% to 11.0% previously, with the student loan sale expected to boost the NIM by around 10 basis points.
該公司現在預計2024年淨利率爲11.1%-11.4%，較之前的10.7%-11.0%有所提高。學生貸款的出售預計將使網息收入率提高約10個點子。
The analyst anticipates management will narrow the guidance range further as 2024 progresses. Additionally, the buyback remains on hold due to the pending merger.
分析師預計，隨着2024年的到來，管理層會進一步縮小指導範圍。此外，由於待併購的原因，回購計劃仍處於停頓狀態。
Seperately, the company disclosed a deal to sell its $10.1 billion private student loan portfolio to investment vehicles managed by The Carlyle Group Inc. (NASDAQ:CG) and KKR & Co. Inc. (NYSE:KKR), with servicing to be handled by Firstmark Services, a division of Nelnet, Inc.(NYSE:NNI).
另外，該公司披露了一項交易，將其101億美元的私人學生貸款組合出售給由凱雷公司(NASDAQ: CG)和KKR & Co. Inc. (納斯達克: KKR)管理的投資工具，由Nelnet，Inc.(紐交所: NNI)分部Firstmark Services處理服務。
The portfolio is set to be sold for approximately $10.8 billion, reflecting a premium of around $700 million or about 7%, says the analyst.
分析師表示，這一組合預計將以約108億美元的價格出售，折價約7000萬美元，相當於7%左右。
Arfstrom writes that the robust premium on the portfolio reflects its high quality and attractiveness, aligning with management's expectations upon announcing the business exit several quarters ago.
Arfstrom寫道，該組合的高質量和吸引力反映在其高額的溢價上，與管理層數個季度前宣佈的業務退出的預期相一致。
Investors can gain exposure to the stock via BlackRock ETF Trust BlackRock Future Financial And Technology ETF (NYSE:BPAY) and Amplify ETF Trust Amplify Mobile Payments ETF (NYSE:IPAY).
投資者可以通過BlackRock ETF Trust BlackRock Future Financial和Technology ETF (紐交所: BPAY)和Amplify ETF Trust Amplify Mobile Payments ETF(NYSE: IPAY)獲得該股票的投資回報。
Price Action: DFS shares are up 0.28% at $141.81 at the last check Thursday.
截至上週四最後一次查詢，DFS股票上漲0.28%，報141.81美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
免責聲明：本內容部分使用人工智能工具生成，並經Benzinga編輯審核發佈。
譯文內容由第三人軟體翻譯。