Kaspi.kz (KSPI) reported Q1 net income Monday of 252 billion Kazakhstani tenge ($526 million), down from 254.0 billion tenge a year earlier.

Three analysts polled by FactSet expected 237.67 billion tenge.

Revenue for the quarter ended March 31 was 1.1 trillion tenge ($2.3 billion), up from 821.85 billion tenge a year earlier.

Three analysts surveyed by FactSet expected 1.032 trillion tenge.

Shares of the company were up 2.9% in recent premarket activity.