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Capital One shares rise after higher-than-expected earnings, revenue

Shares of Capital One Financial Corp. COF, +2.16% rose late Tuesday after the company reported earnings and sales above Wall Street expectations. Capital One said it earned $1.1 billion, or $2.14 a share, in the quarter, compared with $1 billion, or $1.94 a share, in the year-ago period. Excluding one-time items, the company earned $2.42 a share in the quarter. Revenue rose 4% to $7 billion. Analysts polled by FactSet had expected Capital One to report adjusted earnings of $2.14 a share on revenue of $6.8 billion. Shares of Capital One had ended the regular trading down 0.2%.

Capital One Financial Corp.


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