Investing.com - Discover reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Discover announced earnings per share of $5.04 on revenue of $2.80B. Analysts polled by Investing.com anticipated EPS of $2.81 on revenue of $2.78B.
Discover shares are up 8% from the beginning of the year and are trading at $100.50 , down-from-52-week-high.They are under-performing the S&P 500 which is up 11.11% from the start of the year.
Discover shares gained 2.09% in after-hours trade the report.
Discover follows other major Financial sector earnings this month
Discover's report follows an earnings beat by JPMorgan on April 14, who reported EPS of $4.5 on revenue of $33.12B, compared to forecasts EPS of $3.1 on revenue of $30.49B.
UnitedHealth had beat expectations on April 15 with first quarter EPS of $5.31 on revenue of $70.2B, compared to forecast for EPS of $4.39 on revenue of $69.07B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar