Discover Financial Services (WBO:DFS)

€ 139.58 2.86 (2.09%) Market Cap: 35.06 Bil Enterprise Value: 27.48 Bil PE Ratio: 12.04 PB Ratio: 2.17 GF Score: 83/100

Q1 2020 Discover Financial Services Earnings Call Transcript

Apr 23, 2020 / 12:00PM GMT

Transcript 10-Q8-K

Operator

Good morning. My name is Maria, and I'll be your conference operator today. At this time, I would like to welcome everyone to the First Quarter 2020 Discover Financial 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

Sure. Thanks a lot, Maria. Good morning, everybody, and welcome to our call.

We'll begin on Slide 2 of our earnings presentation, which you can find as always in the financial 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 this morning will include remarks from our CEO, Roger Hochschild; and from John Greene, our Chief Financial

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