Capital One Financial Corp. Q3 Income Climbs 2%

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

The company said its bottom line climbed to $1.08 billion, or $1.98 per share. This was higher than $1.06 billion, or $1.86 per share, in last year's third quarter.

Analysts had expected the company to earn $1.94 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.6% to $5.90 billion. This was up from $5.64 billion last year.

Capital One Financial Corp. earnings at a glance:

-Earnings (Q3): $1.08 Bln. vs. $1.06 Bln. last year. -Earnings Growth (Y-o-Y): 1.9% -EPS (Q3): $1.98 vs. $1.86 last year. -EPS Growth (Y-o-Y): 6.5% -Analysts Estimate: $1.94 -Revenue (Q3): $5.90 Bln vs. $5.64 Bln last year. -Revenue Change (Y-o-Y): 4.6%