Capital One Finl Q4 2023 Adj EPS $2.24 Misses $2.64 Estimate
Portfolio Pulse from Benzinga Newsdesk
Capital One Financial Corp. (COF) reported Q4 2023 adjusted earnings per share (EPS) of $2.24, which fell short of the consensus analyst estimate of $2.64 by 15.15%.
January 25, 2024 | 9:06 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Capital One Financial Corp. (COF) reported a significant miss in Q4 2023 earnings, with an EPS of $2.24 compared to the expected $2.64.
Earnings reports are critical events for investors, and a miss in earnings typically leads to a negative short-term reaction in the stock price. Given that COF missed the consensus estimate by a significant margin of 15.15%, this is likely to be viewed negatively by the market, potentially leading to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100