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Capital One Financial Corp. Reports Retreat In Q3 Bottom Line

October 24, 2019 — 04:17 pm EDT

Written by RTTNews.com for RTTNews ->

(RTTNews) - Capital One Financial Corp. (COF) revealed earnings for third quarter that dropped from the same period last year.

The company's bottom line totaled $1.27 billion, or $2.69 per share. This compares with $1.44 billion, or $2.99 per share, in last year's third quarter.

Analysts had expected the company to earn $2.88 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Capital One Financial Corp. earnings at a glance:

-Earnings (Q3): $1.27 Bln. vs. $1.44 Bln. last year. -EPS (Q3): $2.69 vs. $2.99 last year. -Analysts Estimate: $2.88

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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