The upcoming report from Capital One (COF) is expected to reveal quarterly earnings of $3.70 per share, indicating a decline of 16.9% compared to the year-ago period. Analysts forecast revenues of $9.79 billion, representing an increase of 4.5% year over year.The current level reflects a downward revision of 1.7% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.A ...

Capital One (COF) is slated to report third-quarter 2024 results on Oct. 24, after market close. Its earnings are expected to have witnessed a decrease on a year-over-year basis, while revenues are likely to have increased.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.In the last reported quarter, COF’s earnings lagged the Zacks Consensus Estimate. The results were negatively impacted by higher expenses and provisions. However, an increase in net interest income (NII), along with ...

The market expects Capital One (COF) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be release ...

The market will be closely watching Q3 earnings from this credit services giant.Shares of Capital One Financial (COF 3.01%) have lined investors' wallets with a fantastic 60% return during the past year. The banking giant, recognized for its major credit card business, has benefited from resilient macroeconomic conditions including solid consumer spending and borrowing.Those themes will be in focus when the company reports its third-quarter results on Oct. 24. With the stock trading at a 52-week high, can t ...

I had a bullish opinion on Capital One (NYSE: COF ) in my previous article . At the time, I argued that the company had over 30% growth potential in the coming years. The main thesis driving the buy rating wasI am a young private investor seeking to find advice and knowledge through my journey in Seeking Alpha. I primarily focus on growth companies and the disruptive future they may bring. Through the rise of technological capabilities, I believe that the world will undergo a massive transition in the comin ...

Capital One is heavily focused on credit cards, which has been a good business overall. But the drawdowns can be hard to take.Capital One Financial (COF 0.89%) is not your typical bank. When deciding whether or not to buy it, this is probably the most important thing to keep in mind. But what exactly is Capital One Financial? It's a mixture of a credit card issuer and a car loan maker. These both tend to be higher-risk areas of the banking industry. Here's a deeper look at the issues that you'll face if you ...

Capital One Financial Corporation (COF) remains well-positioned for growth on the back of strategic acquisitions, high rates, a strong balance sheet and a solid Credit Card segment. However, an elevated expense base and worsening asset quality remain challenges.Capital One’s Growth DriversOpportunistic Acquisitions: Capital One has been engaged in strategic acquisitions to boost its revenues. This February, the company agreed to purchase Discover Financial in a 100% stock deal for $35.3 billion. This move a ...

These stocks are well off the highs and could be big winners in 2025 and beyond.The S&P 500 is still within striking distance of its all-time high, but not all stocks are in the same boat. There are some excellent businesses trading 20% or more below their all-time highs despite strong business momentum. Here are two in particular that are both dividend-paying components of the S&P 500 benchmark index that you might want to take a closer look at.A proven winner that could benefit from falling ratesRealty In ...

A lawsuit by a former Discover executive claims the company wrongfully revoked millions in compensation.The lawsuit, filed Wednesday (Sept. 4) in federal court in Chicago by former Discover chief information officer Diane Offereins, also claims the payments giant used her as a “scapegoat” for the company’s misclassification of credit cards as regulators examine Discover’s planned $35 billion merger with Capital One.PYMNTS has contacted Discover for comment but has not yet gotten a reply.Offereins retired fr ...

Capital One has surged 56% since late October of last year. Is Berkshire's recent sale a warning sign for investors?Since becoming CEO at Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) in 1965, Warren Buffett has delivered nearly 20% compound annual returns. In other words, a $100 investment in the conglomerate back then would be worth nearly $4.4 million at the start of this year.Buffett's long track record of success is why investors eagerly await Berkshire Hathaway's Form 13F filing with the Securities an ...