Wall Street's Insights Into Key Metrics Ahead of Capital One (COF) Q3 Earnings

Core Viewpoint - Capital One is expected to report quarterly earnings of $3.70 per share, reflecting a 16.9$9.79 billion [1] Earnings Estimates - The consensus EPS estimate has been revised down by 1.7% over the past 30 days, indicating a collective reassessment by analysts [1] - Changes in earnings estimates are crucial for predicting investor reactions and short-term stock performance [1] Revenue Projections - Analysts predict 'Total net revenue - Credit Card' to be $7.10 billion, a year-over-year increase of 7.1$2.23 billion, indicating a decline of 1.9% year-over-year [2] - 'Total net revenue - Credit Card - Domestic' is forecasted at $6.73 billion, reflecting a 7.3$878.30 million, a decrease of 3.4% year-over-year [3] - 'Average Balance - Total interest-earning assets' is projected to be $452.68 billion, up from$443.53 billion in the same quarter last year [3] - 'Net Interest Margin' is expected to be 6.9%, compared to 6.7% a year ago [3] - 'Efficiency Ratio' is forecasted at 52.5%, up from 51.9% year-over-year [3] - 'Tier 1 Capital Ratio' is expected to reach 14.8%, compared to 14.3% last year [3] Charge-off Rates - The 'Net charge-off rate - Credit Card' is projected to be 5.5%, up from 4.4% a year ago [4] - 'Net charge-off rate - Credit Card - International card businesses' is estimated at 5.2%, compared to 4.9% last year [4] - The 'Total Capital Ratio' is expected to be 16.4%, slightly up from 16.2% year-over-year [4] - The 'Net charge-off rate - Credit Card - Domestic credit card' is forecasted at 5.6%, compared to 4.4% in the same quarter last year [4] Stock Performance - Capital One shares have increased by 4.4% in the past month, closely aligning with the Zacks S&P 500 composite's 4.5% increase [4]