Capital One Trounces Analysts’ Estimates in its Q3 Reporthttp://www.fool.com/investing/general/2012/10/19/capital-one-trounces-analysts-estimates-in-its-q3.aspx Amanda Alix
October 19, 2012
Capital One Financial (NYSE: COF ) made quite a splash after hours yesterday, as it presented a Q3 report that was simply amazing, smashing analysts' predictions and showing that the tried-and-true formula of acquisition and increased lending really does work wonders for financial institutions, despite the stalled economy and low interest rate climate.
A real recipe for success
No doubt, that bottom line is now well padded. Income skyrocketed 47% from one year