Investing.com - Capital One Financial (NYSE:COF) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Capital One Financial announced earnings per share of $5.62 on revenue of $8.17B. Analysts polled by Investing.com anticipated EPS of $5.5 on revenue of $8.02B.
Capital One Financial shares are down 8.86% from the beginning of the year and are trading at $127.00 , down-from-52-week-high.They are outperforming the S&P 500 which is down 12.4% from the start of the year.
Capital One Financial shares lost 3.96% in after-hours trade following the report.
Capital One Financial follows other major Financial sector earnings this month
Capital One Financial's report follows an earnings missed by JPMorgan on Wednesday, April 13, 2022, who reported EPS of $2.63 on revenue of $30.72B, compared to forecasts EPS of $2.7 on revenue of $30.66B.
Bank of America had beat expectations on Monday, April 18, 2022 with first quarter EPS of $0.8 on revenue of $23.23B, compared to forecast for EPS of $0.7495 on revenue of $23.13B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar