Discover reports Q1 EPS $4.25, consensus $3.30

Reports Q1 revenue $4.25B, consensus $4.21B. “Discover’s (DFS) solid first quarter financial performance benefited from a strong net interest margin and positive credit trends,” said Michael Shepherd, Discover’s Interim CEO and President. “These results reflect our good execution and the strength of our business model. We are pleased that Capital One has received all required approvals and look forward to completing our merger.”