Capital One Financial (NYSE: COF) posted a non-GAAP loss of $3.02 per share on revenue of $7.25 billion in the first quarter of 2020. On a GAAP basis, Capital One’s net loss was $1.3 billion, or $3.10 per share in the first quarter 2020, compared with net income of $1.4 billion, or $2.86 per share in the first quarter of 2019. COF stock declined by about 1% in the extended trading session.
COF stock, which reached its 52-week high of ($107.59) on January 22, tumbled to its 52-week low ($38.00) within two months. Shares of Capital One have lost 49% of its value so far this year.
Shares of KB Home (NYSE: KBH) were up slightly on Friday. The stock has dropped 40% year-to-date and 35% over the past 12 months. The company delivered mixed results for
Warehouse behemoth Costco Wholesale Corporation (NASDAQ: COST) has reported a 15% increase in fourth-quarter 2022 revenues, which translated into double-digit growth in net income. Fourth-quarter revenues increased sharply to $72.09 billion.
Cargo giant FedEx Corporation (NYSE: FDX) Thursday reported a decline in first-quarter adjusted earnings, despite an increase in revenues. The company also provided guidance for fiscal 2023. Net income, adjusted