Capital One Finl Q3 2024 Adj. EPS $4.51 Beats $3.76 Estimate, Sales $10.014B Beat $9.861B Estimate
Portfolio Pulse from Benzinga Newsdesk
Capital One Financial (NYSE:COF) reported Q3 2024 earnings per share of $4.51, surpassing the analyst estimate of $3.76 by 19.95%. The company's sales were $10.014 billion, exceeding the expected $9.861 billion and marking a 6.92% increase from the previous year.
October 24, 2024 | 8:06 pm
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Capital One Financial's Q3 2024 earnings and sales exceeded analyst expectations, with EPS at $4.51 and sales at $10.014 billion, indicating strong financial performance.
Capital One Financial's earnings per share and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. The significant beat in EPS by 19.95% and sales growth of 6.92% year-over-year suggest strong operational performance, likely leading to a positive short-term impact on the stock price.
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