Discover Financial Services (NYSE:DFS) shares dropped more than 13% after-hours following the company’s reported Q2 results, with EPS of $3.54 coming in worse than the consensus estimate of $3.72.
Revenue came in at $3.88 billion, in line with the consensus estimate. Total loans ended the quarter at $117.9B, representing a 19% year-over-year and a 5% quarter-over-quarter growth.