Discover Financial Services Earnings Climb 3% In Q2

(RTTNews) - Discover Financial Services (DFS) announced a profit for its second quarter that advanced from last year.

The company said its bottom line came in at $602 million, or $1.47 per share. This was higher than $586 million, or $1.33 per share, in last year's second quarter.

Analysts had expected the company to earn $1.42 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.3% to $2.22 billion. This was up from $2.17 billion last year.

Discover Financial Services earnings at a glance:

-Earnings (Q2): $602 Mln. vs. $586 Mln. last year. -Earnings Growth (Y-o-Y): 2.7% -EPS (Q2): $1.47 vs. $1.33 last year. -EPS Growth (Y-o-Y): 10.5% -Analysts Estimate: $1.42 -Revenue (Q2): $2.22 Bln vs. $2.17 Bln last year. -Revenue Change (Y-o-Y): 2.3%