Capital One Financial (COF) Posts Q4 Earnings, Revenue Beats

Capital One Financial COF just released their fourth quarter fiscal 2015 earnings results, posting earnings of $1.67 per share and revenue of $6.2 billion.

Currently, COF has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.

Capital One:                           

1. Beat earnings estimates. The company posted $1.67, beating/missing our Zacks Consensus Estimate of $1.61. This number excludes $0.09 from nonrecurring items.

2. Beat revenue estimates. The company saw revenue figures of $6.2 billion, beating our estimate of $6.082 billion, a 5% increase.

3. Reported net income of $920 million, compared to the third quarter of 2015 with net income of $1.1 billion.

4. “The headline for 2015 was industry-leading growth in Domestic Card loans and purchase volumes,” said Richard D. Fairbank, Chairman and Chief Executive Officer. “Our 2015 results and the choices that drove them have put us in a strong position to deliver attractive shareholder returns, driven by growth and sustainable returns at the higher end of banks, as well as significant capital distribution, subject to regulatory approval.”

5. COF was down $0.04, or 0.07%, to $xx.xx as of 4:25 PM ET in after hours trading shortly after its earnings report was released.

Here’s a graph that looks at Capital One’s long-term quarterly reported EPS:

Capital One Financial is a holding company whose subsidiaries provide a variety of products and services to consumers using its proprietary information-based strategy. The corporation's principal subsidiary, Capital One Bank offers credit card products. Capital One Services, Inc., another subsidiary of the corporation, provides various operating, administrative and other services to the corporation and its subsidiaries. Capital One is headquartered in Tysons Corner, Virginia and was founded in 1994.

Check back later for our full analysis on Capital One’s fourth quarter earnings report!

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