04:53 PM EDT, 04/17/2024 (MT Newswires) -- Discover Financial Services ( DFS ) reported Q1 earnings late Wednesday of $1.10 per diluted share, down from $3.55 a year earlier.

Analysts surveyed by Capital IQ expected $2.95.

Revenue, expressed as the sum of net interest income and total noninterest income, rose to $4.21 billion in the three months ended March 31 from $3.74 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.09 billion.

The board maintained a quarterly dividend of $0.70 per share, payable June 6 to holders of record May 23.

Shares of the company rose 1.6% in recent after-hours trading.