Discover Financial Services (NYSE:DFS) closed at $72.12. The stock exchanged hands average trading capacity of 2.47 Million shares. It has a market cap of $23.69 Billion.

Wall Street analysts are predicting that Discover Financial Services (NYSE:DFS) will report earnings per share of $2.02 in their quarterly report. For the current quarter Discover Financial Services (NYSE:DFS) has high EPS estimates of $2.2 in contradiction of low EPS estimates of $1.89. However a year ago for the same quarter the company has reported $1.82 EPS. Average estimation for the current quarter has been provided by 21 analysts.

Investors as well as the sell-side will be paying close attention to how the actual numbers compare with the estimates. Earnings surprises can have a huge impact on a company’s stock price. Several studies suggest that positive earnings surprises not only lead to an immediate hike in a stock’s price, but also to a gradual increase over time. Hence, it’s not surprising that some companies are known for routinely beating earning projections. A negative earnings surprise will usually result in a decline in share price.

A large surprise factor in either direction typically can lead to a significant swing in the stock price in the hours and days after the report. Previously Discover Financial Services (NYSE:DFS) reported $2.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.06 by $-0.03 with surprise factor of -1.5%.

Discover Financial Services (NYSE:DFS) has average revenue estimates of $2.76 Billion, compared to low analyst estimates of $2.69 Billion and high estimates of $2.81 Billion for the current quarter. A total number of 15 analysts provided estimations over revenues. For the current year the company’s revenue estimates are $11.43 Billion compared to low analyst estimates of $11.24 Billion and high estimates of $11.59 Billion according to the prediction of 18 analysts.

Taking a broader look at the analyst consensus, according to 19 analysts Discover Financial Services (NYSE:DFS)’s price will reach at $77.79 during 52 weeks. Its minimum price target estimates has been figured out at $68 while the maximum price target forecast is established at $91.

On the other hand Discover Financial Services (NYSE:DFS) has Relative Strength Index (RSI 14) of 66.48 along with Average True Range (ATR 14) of 1.16. Where the relative strength index (RSI) is a technical momentum indicator that compares the magnitude of recent gains to recent losses in an attempt to determine excess buying & selling conditions of an asset, it is one of the most popular technical indicators, computed on the basis of the speed and direction of a stock’s price movement. The RSI value will always move between 0 and 100; the value will be 0 if the stock falls on all 14 days, and 100, if the price moves up on all the days) as suggested by J Welles Wilder. In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. The level of 50 represents neutral market momentum and corresponds with the center line in other oscillators such as MACD (Moving Average Convergence/Divergence). The average true range (ATR) is a measure of volatility introduced by Welles Wilder.

Consequently Discover Financial Services (NYSE:DFS)’s weekly and monthly volatility is 1.46%, 1.58% respectively.