Friday, January 21, 2011

Capital One beats estimates...

Capital One Financial Corp. (COF). The company’s fourth-quarter profit rose 85 percent to $697 million, beating estimates, as losses on bad loans fell and consumers slowly started to take out new loans. The company said it earned $1.52 per share. That compared with a year-ago profit of $376 million, or 83 cents per share.

No comments: