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Barchart
Barchart
Aditya Sarawgi

Here's What to Expect From Capital One Financial's Next Earnings Report

Capital One Capital One Financial COF

McLean, Virginia-based Capital One Financial Corporation (COF) focuses on consumer and commercial lending as well as deposit origination. It provides various financial products and services to consumers, small businesses, and commercial clients through its subsidiaries. With a market cap of $137.1 billion, Capital One’s operations span North America and internationally.

The financial sector giant is set to announce its third-quarter results after the market closes on Tuesday, Oct. 21. Ahead of the event, analysts expect COF to report an adjusted profit of $4.28 per share, down 5.1% from $4.51 per share reported in the year-ago quarter. The company has a solid earnings surprise history. It has surpassed the Street’s bottom-line estimates in each of the past four quarters.

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