MCLEAN, Va. (AP) — MCLEAN, Va. (AP) — $Capital One Financial Corp(COF-N)$. (COF) on Tuesday reported first-quarter earnings of $1.4 billion.
The McLean, Virginia-based company said it had net income of $3.45 per share. Earnings, adjusted for non-recurring costs, were $4.06 per share.
The results exceeded Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $3.66 per share.
The credit card issuer and bank posted revenue of $13.41 billion in the period. Its adjusted revenue was $10 billion, which missed Street forecasts. Eleven analysts surveyed by Zacks expected $10.03 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COF at https://www.zacks.com/ap/COF
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。