This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Shoe Carnival, Discover: After-Hours Trading (Update 1)

Stocks in this article: SCVL DFS DMND SONC RGR

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Shares of Discover Financial Services (DFS) ticked lower in the extended session despite the credit card company blowing past analyst expectations for its fiscal first quarter.

The Riverwoods, Ill.-based company reported net income of $631 million, or $1.18 a share, for the three months ended in February, ahead of the average estimate of analysts polled by Thomson Reuters for a profit of 94 cents a share. Revenue came in at $1.84 billion, slightly above the consensus view of $1.82 billion.

The stock was last quoted at $31.40, down less than 1%, on volume of 440,000, according to At current levels, the shares are up more than 30% in 2012.

Discover said card sales volume rose 7% year-over-year to $25.6 billion in the quarter, and that the delinquency rate for credit card loans over 30 days past due came in at 2.22%, "an improvement of 137 basis points from the prior year, and 17 basis points from the prior quarter."

Check out TheStreet's quote page for Discover Financial for year-to-date share performance, analyst ratings, earnings estimates and much more.

Other companies making news after the bell included Diamond Foods (DMND), whose stock was off 1.3% to $25.32 on volume of more than 360,000 after the troubled snacks company inked a deal to amend its credit agreement that calls for it to suspend dividend payments; Sonic Corp. (SONC), whose shares fell 5.2% to $7.63 on volume of more than 20,000 after the drive-in restaurant operator missed on the top line with its fiscal second-quarter results, reporting revenue of $115.1 million, below Wall Street's consensus view of $116.8 million; and Sturm, Ruger & Co. (RGR), whose stock advanced 11.1% to $46.98 on volume of nearly 20,000 after the gun maker said it's received orders for more than one million units in the first quarter.

-- Written by Michael Baron in New York.

>To contact the writer of this article, click here: Michael Baron.

Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.
2 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,959.44 +154.64 0.87%
S&P 500 2,078.54 +7.89 0.38%
NASDAQ 4,781.4240 +16.0440 0.34%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs