Discover Financial Services Q1 Net Income, Revenue Increase; Keeps Dividend at $0.70 Per Share

MT Newswires Live
04-24

Discover Financial Services (DFS) reported Q1 net income late Wednesday of $4.25 per diluted share, up from $3.25 a year earlier.

Analysts polled by FactSet expected $3.61.

Revenue in the quarter ended March 31 rose to $4.25 billion from $4.16 billion a year earlier.

Analysts expected $4.39 billion.

Discover Financial kept its quarterly dividend at $0.70 a share, payable June 5 to investors of record May 23.

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