Capital One Financial Beats Q3 Earnings Estimates
Capital One Financial (COF) outperformed Wall Street expectations with third-quarter earnings per share (EPS) of $5.95, significantly surpassing the consensus estimate of $4.38. Revenue for the period reached $15.36 billion, exceeding forecasts of $15.08 billion.
Analysts maintain a Moderate Buy rating on COF stock, with an average price target suggesting 17.10% upside potential. Market sentiment may shift following these stronger-than-anticipated results.