Surging Earnings Estimates Signal Upside for Capital One (COF) Stock

Core Viewpoint - Capital One (COF) is positioned as a strong investment opportunity due to its improving earnings outlook and positive analyst sentiment [1][2]. Earnings Estimate Revisions - Analysts have raised their earnings estimates for Capital One, reflecting growing optimism about the company's earnings prospects [2][3]. - The current quarter's earnings estimate is $3.95 per share, representing a 27.8% increase from the previous year [6]. - For the full year, the earnings estimate is $18.64 per share, indicating a 33.5% increase from the prior year [7]. Zacks Rank and Performance - Capital One has achieved a Zacks Rank 1 (Strong Buy), which is based on favorable estimate revisions and has historically outperformed the market [9]. - Stocks with a Zacks Rank 1 and 2 have shown significant outperformance compared to the S&P 500 [9]. Recent Stock Performance - The stock has increased by 7.6% over the past four weeks, driven by strong estimate revisions and positive investor sentiment [10].