Workflow
Capital One (COF) Misses Q1 Earnings Estimates
Capital OneCapital One(US:COF) Zacks Investment Research·2024-04-25 22:21

分组1 - Capital One reported quarterly earnings of $3.21 per share, missing the Zacks Consensus Estimate of $3.25 per share, but showing an increase from $2.31 per share a year ago, representing an earnings surprise of -1.23% [1] - The company posted revenues of $9.4 billion for the quarter, surpassing the Zacks Consensus Estimate by 0.60%, and an increase from $8.9 billion year-over-year [1] - Over the last four quarters, Capital One has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [1] 分组2 - Capital One shares have increased approximately 13.5% since the beginning of the year, outperforming the S&P 500's gain of 6.3% [2] - The current consensus EPS estimate for the upcoming quarter is $3.40 on revenues of $9.45 billion, and for the current fiscal year, it is $13.79 on revenues of $38.38 billion [4] 分组3 - The Zacks Industry Rank indicates that the Financial - Consumer Loans sector is currently in the bottom 19% of over 250 Zacks industries, suggesting potential challenges for stocks in this sector [5] - Open Lending, another company in the same industry, is expected to report a quarterly earnings decline of 50% year-over-year, with revenues projected to decrease by 25.6% from the previous year [5]