CatalystMacro

FINANCIALCONTENT - CAPITAL ONE ( COF ) Q3 EARNINGS : WHAT TO EXPECT

Capital One Q3 earnings preview signals upcoming results catalyst for COF.

Context

What happened: Capital One (NYSE: COF) reports Q3 results Tuesday after market hours. Last quarter it met revenue expectations and beat analysts' EPS estimates. Key numbers: Last quarter revenue was $15.83 billion, up 25.8% year on year. Why it matters: Analysts have reconfirmed estimates over the last 30 days, suggesting they expect the business to stay the course. Capital One is the first among its peers to report this season, and the sector has faced a sell-off over the last month. Coverage: 3 outlets in 24h

What changed

Capital One (NYSE: COF) reports Q3 results Tuesday after market hours. Last quarter it met revenue expectations and beat analysts' EPS estimates.

Why it matters

Analysts have reconfirmed estimates over the last 30 days, suggesting they expect the business to stay the course. Capital One is the first among its peers to report this season, and the sector has faced a sell-off over the last month.

Sources

gdelt