Capital One: Q2 Earnings Snapshot
In this article:
MCLEAN, Va. (AP) — MCLEAN, Va. (AP) — Capital One Financial Corp. (COF) on Tuesday reported second-quarter earnings of $597 million.
The McLean, Virginia-based company said it had profit of $1.38 per share. Earnings, adjusted for non-recurring costs, were $3.14 per share.
The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.28 per share.
The credit card issuer and bank posted revenue of $9.51 billion in the period, which matched Street forecasts.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COF at https://www.zacks.com/ap/COF