Capital One Financial Earnings, Revenue beat in Q3
Investing.com - Capital One Financial (NYSE:COF) reported third quarter earnings that beat analyst's expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $2.99 on revenue of $6.96B. Analysts polled by Investing.com anticipated EPS of $2.85 on revenue of $6.93B. That compared to EPS of $2.48 on revenue of $7.71B in the same period a year earlier. The company had reported EPS of $3.22 on revenue of $7.19B in the previous quarter.
Capital One Financial shares gained 0.01% to trade at $87.05 in after-hours trade following the report.
For the year, Capital One Financial shares are down 13.03%, under-performing the S&P 500 which is up 2.12% year to date.
Capital One Financial follows other major Financial sector earnings this month
On October 12, JPMorgan (NYSE:JPM) reported third quarter EPS of $2.34 on revenue of $27.82B, compared to forecasts of EPS of $2.26 on revenue of $27.44B.
Bank of America (NYSE:BAC) earnings beat analyst's expectations on October 15, with third quarter EPS of $0.66 on revenue of $22.78B. Investing.com analysts expected EPS of $0.62 on revenue of $22.62B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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