Capital One Financial (NYSE: COF) reported second-quarter financial results after the regular trading hours on Tuesday. The bank holding company reported an 8% slip in Q2 revenue to $6.6 billion, also missing the Wall Street projection of $6.83 million.
Meanwhile, net loss of $1.61 per share was 7 cents narrower than the analysts’ projection.
![Capital One Financial Q2 2020 earnings](https://cdn.news.alphastreet.com/wp-content/uploads/2020/07/Capital-One-Financial-Q2-2020-earnings.png)
COF shares fell 3.3% immediately following the announcement. The stock has declined close to 40% since the beginning of this year.
Q1 performance
[irp posts=”66239″]
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%