Capital One Financial Corp. Earnings Rise In Q3

(RTTNews) - Capital One Financial Corp. (COF) announced a profit for its third quarter that rose from the same period last year.

The company's bottom line came in at $1.44 billion, or $2.99 per share. This compares with $1.05 billion, or $2.14 per share, in last year's third quarter.

Analysts had expected the company to earn $2.88 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 0.3% to $6.96 billion from $6.98 billion last year.

Capital One Financial Corp. earnings at a glance:

-Earnings (Q3): $1.44 Bln. vs. $1.05 Bln. last year. -EPS (Q3): $2.99 vs. $2.14 last year. -Analysts Estimate: $2.88 -Revenue (Q3): $6.96 Bln vs. $6.98 Bln last year.