Investing.com - Capital One Financial (NYSE:COF) reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Capital One Financial announced earnings per share of $7.71 on revenue of $7.37B. Analysts polled by Investing.com anticipated EPS of $4.57 on revenue of $7.1B.
Capital One Financial shares are up 63.19% from the beginning of the year and are trading at $164.00 , down-from-52-week-high.They are outperforming the S&P 500 which is up 16.29% from the start of the year.
Capital One Financial shares gained 1.67% 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 July 13, who reported EPS of $3.78 on revenue of $31.4B, compared to forecasts EPS of $3.2 on revenue of $29.97B.
UnitedHealth had beat expectations on July 15 with second quarter EPS of $4.7 on revenue of $71.32B, compared to forecast for EPS of $4.43 on revenue of $69.51B.
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