Capital One beats second-quarter earnings and revenue estimates

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

Capital One reported quarterly earnings of $5.81 per share, beating the Zacks Consensus Estimate of $4.85 per share and marking a 19.79% earnings surprise. Revenue came in at $15.85 billion, surpassing the consensus estimate by 0.96% and up from $12.49 billion a year ago. The company has topped consensus EPS estimates twice in the last four quarters and revenue estimates three times. Capital One shares have lost about 14.7% year to date, underperforming the S&P 500's 8.7% gain. The current consensus EPS estimate for the coming quarter is $5.50 on $16.05 billion in revenues.

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