Capital One: Q3 Earnings Snapshot

MCLEAN, Va. (AP) — MCLEAN, Va. (AP) — Capital One Financial Corp. (COF) on Tuesday reported third-quarter net income of $3.54 billion.

The McLean, Virginia-based company said it had profit of $5.61 per share. Earnings, adjusted for non-recurring costs, came to $6.69 per share.

The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $5.45 per share.

The credit card issuer and bank posted revenue of $20.36 billion in the period. Its adjusted revenue was $16.34 billion, also beating Street forecasts. Six analysts surveyed by Zacks expected $16.11 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COF at https://www.zacks.com/ap/COF