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Capital One Financial Corp. (NYSE:COF) reported first-quarter results after Tuesday’s closing bell, missing analyst estimates on the top and bottom lines.
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Q1 Details
Capital One reported quarterly earnings of $4.42 per share, which missed the Street estimate of $4.55, according to Benzinga Pro data.
Quarterly revenue of $15.23 billion missed the consensus estimate of $15.36 billion by 0.83%.
Capital One reported the following first-quarter metrics, compared to the year-ago quarter:
- Total net revenue decreased 2% to $15.2 billion.
- Total non-interest expense decreased 9% to $8.5 billion:
- 23% …
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