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0 0.00980199960792002 0.00960595961576151 0.00960595961576151 0.0180356792785727 0.0231327190746912 0.0231327190746912 0.0231327190746912
Stock impact report

Capital One Financial Posts First-Quarter Loss [TheStreet.com]

Capital One Financial Corporation (COF) 
Last capital one financial corporation earnings: 4/23 04:05 pm Check Earnings Report
Company Research Source: TheStreet.com
Capital One Financial(COFGet ReportThe company reported an adjusted loss of $3.02 a share vs. a profit of $2.90 a share a year earlier. The bank said revenue fell 2% to $7.2 billion.Analysts surveyed by FactSet had expected the company to report net income of $1.88 a share on revenue of $7.3 billion.Shares of Capital One fell 30 cents or 0.6%, to $52.31 in after-hours trading.“In the first quarter, Capital One rapidly mobilized to respond to COVID-19 and the disruption it is causing, with a focus on our associates, our customers, and our communities,” said Richard D. Fairbank, chairman and CEO of Capital One in a statement. “We are well positioned to navigate and manage through these uncertain times, and to emerge with strength on the other side.”Elsewhere, financial stocks ended lower Thursday.The S&P 500 financials sector index fell 1.54, or 0.43%, to 355.96.The financial select SPDR ETFXLFAmong notable movers, KeyCorpKEYComericaCMARegions FinancialRFAmong financial stocks lagging, Show less Read more
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