offline
Capital One (COF) Stock Up 1% on Q4 Earnings & Revenue Beat
...
Its fourth-quarter adjusted earnings of $2.49 per share easily surpassed the Zacks Consensus Estimate of $2.38. Also, it jumped 33% year over year.
Results reflect rise in net revenues, higher loan and deposit balances, and strength in card business. However, a rise in credit cost and higher operating expenses were the undermining factors.
After taking into consideration non-recurring items, net income available to common shareholders was $1.04 billion or $2.25 per share, down from $1.17 billion or $2.48 per share in the prior-year quarter.
For 2019, adjusted earnings of $12.09 per share grew 11% year over year but lagged the consensus estimate of $11.21. Net income available to common shareholders (as reported) declined 9% to $5.19 billion.
....
![[Bild: COFc1dl1450.png]](https://finviz.com/publish/012220/COFc1dl1450.png)
https://finance.yahoo.com/news/capital-o...12370.html
...
Its fourth-quarter adjusted earnings of $2.49 per share easily surpassed the Zacks Consensus Estimate of $2.38. Also, it jumped 33% year over year.
Results reflect rise in net revenues, higher loan and deposit balances, and strength in card business. However, a rise in credit cost and higher operating expenses were the undermining factors.
After taking into consideration non-recurring items, net income available to common shareholders was $1.04 billion or $2.25 per share, down from $1.17 billion or $2.48 per share in the prior-year quarter.
For 2019, adjusted earnings of $12.09 per share grew 11% year over year but lagged the consensus estimate of $11.21. Net income available to common shareholders (as reported) declined 9% to $5.19 billion.
....
https://finance.yahoo.com/news/capital-o...12370.html
__________________
