Capital One Financial Corp. Q1 Income Declines 17%

(RTTNews) - Capital One Financial Corp. (COF) released earnings for first quarter that retreated from last year.

The company said its profit totaled $1.0 billion, or $1.84 per share. This was down from $1.2 billion, or $2.00 per share, in last year's first quarter.

Analysts had expected the company to earn $1.91 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 10.1% to $6.22 billion. This was up from $5.65 billion last year.

Capital One Financial Corp. earnings at a glance:

-Earnings (Q1): $1.0 Bln. vs. $1.2 Bln. last year. -Earnings Decline (Y-o-Y): -16.7% -EPS (Q1): $1.84 vs. $2.00 last year. -EPS Decline (Y-o-Y): -8.0% -Analysts Estimate: $1.91 -Revenue (Q1): $6.22 Bln vs. $5.65 Bln last year. -Revenue Change (Y-o-Y): 10.1%