WASHINGTON (dpa-AFX) - Discover Financial Services (DFS) released earnings
for first quarter that decreased from last year and missed the Street
estimates.

The company's bottom line came in at $274 million, or $1.10 per share. This
compares with $931 million, or $3.55 per share, in last year's first quarter.

Analysts on average had expected the company to earn $2.95 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 12.6% to $4.21 billion from $3.74
billion last year.

Discover Financial Services earnings at a glance (GAAP) :

-Earnings (Q1): $274 Mln. vs. $931 Mln. last year.
-EPS (Q1): $1.10 vs. $3.55 last year.
-Revenue (Q1): $4.21 Bln vs. $3.74 Bln last year.


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