Capital One Financial Corp. Announces 9% Increase In Q3 Earnings

(RTTNews) - Capital One Financial Corp. (COF) reported a profit for its third quarter that climbed from last year.

The company said its bottom line totaled $1.05 billion, or $2.14 per share. This was up from $0.96 billion, or $1.90 per share, in last year's third quarter.

Analysts had expected the company to earn $2.15 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 8.2% to $6.99 billion. This was up from $6.46 billion last year.

Capital One Financial Corp. earnings at a glance:

-Earnings (Q3): $1.05 Bln. vs. $0.96 Bln. last year. -Earnings Growth (Y-o-Y): 9.4% -EPS (Q3): $2.14 vs. $1.90 last year. -EPS Growth (Y-o-Y): 12.6% -Analysts Estimate: $2.15 -Revenue (Q3): $6.99 Bln vs. $6.46 Bln last year. -Revenue Change (Y-o-Y): 8.2%