Discover Financial Services shares drop 13% on Q2 EPS miss

Discover Financial Services (NYSE:) shares dropped more than 13% after-hours following the company’s reported , 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.