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Capital One: Q2 Earnings Snapshot
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MCLEAN, Va. (AP) — MCLEAN, Va. (AP) — Capital One Financial Corp. (COF) on Tuesday reported second-quarter earnings of $3.02 billion.

The McLean, Virginia-based company said it had profit of $4.73 per share. Earnings, adjusted for one-time gains and costs, came to $5.81 per share.

The results beat Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.85 per share.

The credit card issuer and bank posted revenue of $19.86 billion in the period. Its adjusted revenue was $15.85 billion, which also beat Street forecasts. Six analysts surveyed by Zacks expected $15.7 billion.

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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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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