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Capital One Financial Corp. (COF) reported a second quarter adjusted net loss per share of $1.61 compared to profit of $3.37, prior year. On average, 19 analysts polled by Thomson Reuters expected the company to report a loss per share of $1.68, for the quarter. Analysts' estimates typically exclude special items.


RTTNews | Jul 21, 2020 04:52PM EDT

16:52 Tuesday, July 21, 2020 (RTTNews.com) - Capital One Financial Corp. (COF) reported a second quarter adjusted net loss per share of $1.61 compared to profit of $3.37, prior year. On average, 19 analysts polled by Thomson Reuters expected the company to report a loss per share of $1.68, for the quarter. Analysts' estimates typically exclude special items.

Second quarter total net revenue was $6.56 billion compared to $7.13 billion, previous year. Analysts expected revenue of $6.83 billion for the quarter.

Shares of Capital One Financial were down nearly 4% after hours.

Read the original article on RTTNews ( https://www.rttnews.com/3112929/capital-one-financial-posts-adj-loss-in-q2-total-net-revenue-down-10.aspx)

For comments and feedback: contact editorial@rttnews.com

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