25.04.2024 22:30:05 - dpa-AFX: Capital One Financial Corp. Q1 Profit Increases, but misses estimates

MCLEAN (dpa-AFX) - Capital One Financial Corp. (COF) reported a profit for
its first quarter that increased from the same period last year but missed the
Street estimates.

The company's bottom line came in at $1.20 billion, or $3.13 per share. This
compares with $887 million, or $2.31 per share, in last year's first quarter.

Excluding items, Capital One Financial Corp. reported adjusted earnings of $1.23
billion or $3.21 per share for the period.

Analysts on average had expected the company to earn $3.30 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter rose 5.6% to $9.40 billion from $8.90
billion last year.

Capital One Financial Corp. earnings at a glance (GAAP) :

-Earnings (Q1): $1.20 Bln. vs. $887 Mln. last year.
-EPS (Q1): $3.13 vs. $2.31 last year.
-Revenue (Q1): $9.40 Bln vs. $8.90 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CAPITAL ONE FINL DL-,01 893413 Xetra 126,000 31.05.24 17:35:45 ±0,000 ±0,00% 0,000 0,000 126,000 126,000

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