Capital One 2Q Earnings Pregame Scorecard

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Having topped analysts' estimates last quarter by 16 cents per share, Capital One (NYSE:COF) is expected to deliver its latest earnings on Thursday, July 19, 2012.

Expectations

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Analysts currently expect Capital One to come in with earnings of $1.34 per share on revenues of $5.16 billion. Analyst estimates range from $1 per share to $1.69 per share. Over the past two months, the average estimate has moved up from $1.24.

Last Quarter's Results

In the first quarter, profit rose 38.1% to $1.4 billion ($2.72 a share) from $1.02 billion ($2.21 a share) the year earlier, exceeding analyst expectations. Revenue rose 17.4% to $5.51 billion from $4.7 billion.

Stock Ratings

Analysts are bullish on the stock as 16 analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.

Stock Movement

In terms of price changes, the stock's best recent streak was when it gained $4.19 per share between June 1, 2012 and June 8, 2012.

Company Fundamental Trends On the heels last quarter's revenue increase, the company is focused on getting back on track after snapping a string of quarters spend in the red. Before climbing in the first quarter, revenue had decreased 2.3% in the second quarter of the last fiscal year, 0.3% in the third quarter of the last fiscal year and 0.9% in the fourth quarter of the last fiscal year. Net income has improved by a year-over-year average of 11.9% over the previous four quarters, and the company heads into its upcoming earnings announcement with solid profits of late.

Summary

Reporting Period: 2Q

Date of Release: Thursday, July 19, 2012

EPS: $1.34

Revenue Estimate: $5.16 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)