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COF Capital One Financial Corporation

141.81
0.00 (0.00%)
Pre Market
Last Updated: 09:45:32
Delayed by 15 minutes
Share Name Share Symbol Market Type
Capital One Financial Corporation NYSE:COF NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 141.81 13 09:45:32

Capital One Profit Falls, But Revenue and Adjusted Earnings Top Estimates

21/01/2020 9:51pm

Dow Jones News


Capital One Financial (NYSE:COF)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Capital One Financial Charts.
   By Allison Prang 
 

Capital One Financial Corp.'s earnings (COF) fell, despite higher revenue.

Capital One's earnings were $2.25 a share, down from $2.48 a share the comparable quarter a year earlier. The company's results a year earlier included a $21 million income tax benefit, while the company recorded $270 million in income tax costs for the most recent fourth quarter.

Adjusted earnings were $2.49 a share. Analysts polled by FactSet were expecting $2.37 a share.

Total net revenue was $7.43 billion, up 5.9% from the comparable quarter a year ago. Analysts polled by FactSet were expecting $7.35 billion.

 

Write to Allison Prang at allison.prang@wsj.com

 

(END) Dow Jones Newswires

January 21, 2020 16:36 ET (21:36 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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