The exciting news about Capital One Financial Corporation (NYSE: COF) will be shared on Thursday 24th October 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen after market close.
It is anticipated by financial experts on Wall Street that the organization is set to announce an estimated $3.76 profit per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $9.86 billion for this period.
The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $38.64 billion. They also believe the company will reach about profit of $12.96 per share for the fiscal year.
In the previous year's corresponding quarter, the company's earnings report revealed a per-share income of $4.45. Moreover, the company achieved a remarkable total revenue of $9.37 billion during that quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $3.14 | -10.8% | 9.51 B | +5.5% |
| Q1 2024 | $3.21 | +39.0% | 9.40 B | +5.6% |
| Q4 2023 | $2.24 | -20.6% | 9.51 B | +5.2% |
| Q3 2023 | $4.45 | +6.0% | 9.37 B | +6.4% |
| Q2 2023 | $3.52 | -29.0% | 9.01 B | +9.5% |
| *Growth on year-over-year basis | ||||
COF has scheduled a conference call on 24th October 2024 at 05:00 PM eastern time to discuss the third quarter financial results and other related information.
Capital One Financial Corporation (COF) closed Tuesday's regular trading session at $156.02, demonstrating a 0.64 percent decrease, with a volume of 2.19 million shares.
