Capital One Shares Slide After Earnings Report

By Markets MarketWatch Pulse

Capital One Financial Corp. shares slipped in the extended session Tuesday after the credit-card company reported quarterly results. Capital One shares declined 2.5% to $73.50 after hours. The company reported earnings of $1.90 a share on revenue of $6.46 billion. Excluding a charge for a U.K. Payment Protection Insurance customer refund, the company would have reported earnings of $2.03 a share. Analysts surveyed by FactSet had forecast earnings of $1.94 a share on revenue of $6.4 billion.

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