Capital One Financial Corp. Reveals 5% Advance In Q2 Earnings

(RTTNews) - Capital One Financial Corp. (COF) reported a profit for its second quarter that gained ground from last year.

The company said its bottom line climbed to $871 million, or $1.69 per share. This was higher than $830 million, or $1.50 per share, in last year's second quarter.

Analysts had expected the company to earn $1.86 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 10.2% to $6.25 billion. This was up from $5.67 billion last year.

Capital One Financial Corp. earnings at a glance:

-Earnings (Q2): $871 Mln. vs. $830 Mln. last year. -Earnings Growth (Y-o-Y): 4.9% -EPS (Q2): $1.69 vs. $1.50 last year. -EPS Growth (Y-o-Y): 12.7% -Analysts Estimate: $1.86 -Revenue (Q2): $6.25 Bln vs. $5.67 Bln last year. -Revenue Change (Y-o-Y): 10.2%