Capital One (COF) Q4 Earnings Preview: EPS Expected to Rise 34%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: seekingalpha
- Earnings Announcement Date: Capital One is set to release its earnings on January 22 after market close, with consensus EPS expected at $4.14, reflecting a 34% year-over-year increase, indicating sustained profitability.
- Revenue Growth Expectations: The revenue for Q4 is projected to reach $15.47 billion, marking a 51.7% year-over-year growth, showcasing Capital One's strong momentum in the financial services sector.
- Performance Beat Record: Over the past two years, Capital One has exceeded EPS estimates 63% of the time and revenue estimates 50% of the time, underscoring its competitive edge and operational effectiveness in the market.
- Estimates Revision Dynamics: In the last three months, EPS estimates have seen 11 upward revisions and 4 downward adjustments, while revenue estimates have experienced 9 upward and 4 downward revisions, reflecting analysts' confidence in the company's future performance and shifts in market expectations.
Analyst Views on COF
Wall Street analysts forecast COF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for COF is 284.22 USD with a low forecast of 256.00 USD and a high forecast of 310.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
18 Analyst Rating
16 Buy
2 Hold
0 Sell
Strong Buy
Current: 228.720
Low
256.00
Averages
284.22
High
310.00
Current: 228.720
Low
256.00
Averages
284.22
High
310.00
About COF
Capital One Financial Corporation is a diversified financial services holding company with banking and non-banking subsidiaries. The Company offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels. It operates through three segments: Credit Card, Consumer Banking and Commercial Banking. The Credit Card segment consists of its domestic consumer and small business card lending, and international card businesses in the United Kingdom and Canada. The Consumer Banking segment consists of its deposit gathering and lending activities for consumers and small businesses, and national auto lending. The Commercial Banking segment consists of its lending, deposit gathering, capital markets and treasury management services to commercial real estate and commercial and industrial customers. Its principal operating subsidiary is Capital One, National Association, which offers banking products and financial services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
