Capital One reports 3Q results on Oct 24, with shares up 60%, expecting a 5% net revenue increase and $3.75 EPS.
Capital One Financial Corp. will report its third-quarter results on October 24, with shares up 60% over the past year. The company thrives amid strong consumer spending and borrowing, leveraging its credit card business alongside banking services. Analysts expect a 5% increase in net revenue and earnings per share of $3.75. The recent acquisition of Discover Financial Services may enhance growth prospects. Management's tone during the earnings call will influence stock performance.
October 13, 2024
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