Capital One Financial Corp. Reveals 13% Retreat In Q4 Profit

(RTTNews) - Capital One Financial Corp. (COF) reported a profit for fourth quarter that fell compared to the same period last year.

The company said its profit came in at $848 million, or $1.58 per share. This was down from $974 million, or $1.73 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.61 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.5% to $6.19 billion. This was up from $5.81 billion last year.

Capital One Financial Corp. earnings at a glance:

-Earnings (Q4): $848 Mln. vs. $974 Mln. last year. -Earnings Decline (Y-o-Y): -12.9% -EPS (Q4): $1.58 vs. $1.73 last year. -EPS Decline (Y-o-Y): -8.7% -Analysts Estimate: $1.61 -Revenue (Q4): $6.19 Bln vs. $5.81 Bln last year. -Revenue Change (Y-o-Y): 6.5%