Discover Financial Services (LTS:0IBC)

$ 152.36 3.65 (2.45%) Market Cap: 38.13 Bil Enterprise Value: 29.88 Bil PE Ratio: 12.04 PB Ratio: 2.17 GF Score: 83/100

Q2 2020 Discover Financial Services Earnings Call Transcript

Jul 23, 2020 / 12:00PM GMT

Release Date Price: $52.38 (+8.72%)

Transcript 10-Q8-K

Operator

Good morning and my name is Kristelle, and I will be your conference operator today. At this time, I would like to welcome everyone to the Second Quarter 2020 Discover Finance Services Earnings Conference Call. (Operator Instructions)

I will now turn the call over to Mr. Craig Streem, Head of Investor Relations. Please go ahead.

Craig A. Streem

Discover Financial Services - VP of IR

Kristelle, thank you very much, and welcome, everybody, to our call this morning. We will begin on Slide 2 of our earnings presentation, which you can find in the financials section of our Investor Relations website, investorrelations.discover.com.

Our discussion this morning contains certain forward-looking statements that are subject to risks and uncertainties that may cause actual results to differ materially. Please refer to our notices regarding forward-looking statements that appear in today's earnings press release and presentation.

Our call today will include remarks from our CEO, Roger Hochschild; and of course, John Greene, our Chief Financial

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