High Costs & Provisions to Hurt Capital One's Q3 Earnings, NII to Aid
Capital One(COF) ZACKS·2024-10-19 01:00
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 ...