UPDATE: Discover Reports Upbeat FQ2 Results

Discover Financial Services DFS reported upbeat fiscal second-quarter results on Thursday. Discover's quarterly profit surged to $600 million, or $1.09 per share, from a year-ago profit of $258 million, or $0.33 per share. Its revenue net of interest expense climbed 4.6% to $1.74 billion. Analysts were expecting earnings of $0.75 per share on revenue of $1.7 billion. Discover shares gained 1.53% to $23.95 in pre-market trading. Read more from Benzinga's Company news.