Capital One Financial Corp. (COF) on Thursday reported fourth-quarter earnings of $2.13 billion.
The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $4.12 per share.
The credit card issuer and bank posted revenue of $19.8 billion in the period. Its adjusted revenue was $15.58 billion, exceeding Street forecasts. Six analysts surveyed by Zacks expected $15.37 billion.
For the year, the company reported profit of $2.45 billion, or $4.03 per share. Revenue was reported as $53.43 billion.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on COF at https://www.zacks.com/ap/COF
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