Investing.com - Capital One Financial (NYSE:COF) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Capital One Financial announced earnings per share of $-1.61 on revenue of $6.56B. Analysts polled by Investing.com anticipated EPS of $-1.66 on revenue of $6.83B.
Capital One Financial shares are down 38.92% from the beginning of the year and are trading at $60.61 , down-from-52-week-high.They are under-performing the S&P 500 which is up 0.85% from the start of the year.
Capital One Financial shares lost 3.58% in after-hours trade the report.
Capital One Financial follows other major Financial sector earnings this month
Capital One Financial's report follows an earnings beat by JPMorgan on Tuesday, July 14, 2020, who reported EPS of $1.38 on revenue of $33.82B, compared to forecasts EPS of $1.15 on revenue of $30.41B.
UnitedHealth had beat expectations on Wednesday, July 15, 2020 with second quarter EPS of $7.12 on revenue of $62.14B, compared to forecast for EPS of $5.28 on revenue of $63.48B.
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