Discover Financial Q1 Profit Down - Quick Facts

(RTTNews) - Discover Financial Services (DFS) Tuesday reported first-quarter profit of $631 million or $1.31 per share, down from $673 million or $1.33 per share in the same period last year.

On average, 25 analysts polled by Thomson Reuters expected the company to earn $1.25 per share for the quarter. Analysts' estimates typically exclude special items.

Net-interest income improved to $1.56 billion from $1.41 billion last year. Other income amounted to $515 million, down from $582 million last year. Provision for loan losses increased to $272 million from $159 million last year.