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via finance.yahoo.comBusiness & Companies

Capital One tops third-quarter estimates with EPS of $5.61

FROM THE WIRE · FINANCE.YAHOO.COM

MCLEAN, Va. (AP) — MCLEAN, Va. (AP) — Capital One Financial Corp. (COF) on Tuesday reported third-quarter net income of $3.54 billion. The McLean, Virginia-based company said it had profit of $5.61 per share. Earnings, adjusted for non-recurring costs, came to $6.69 per share.…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishResults above consensus for a large US bank, relevant for the stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Capital One reported third-quarter net income of $3.54 billion.
  2. 02Adjusted earnings were $6.69 per share, versus an estimate of $5.45.
  3. 03Adjusted revenue was $16.34 billion, also above forecasts.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Capital One Financial CorporationCOFStock201.56 USDMarket closedtoday +0.87%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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