Seeking Clues to Capital One (COF) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

Analysts on Wall Street project that Capital One (COF) will announce quarterly earnings of $2.68 per share in its forthcoming report, representing an increase of 19.6% year over year. Revenues are projected to reach $10.13 billion, increasing 6.6% from the same quarter last year.Over the last 30 days, there has been a downward revision of 2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.Given this perspective, it's time to examine the average forecasts of specific Capital One metrics that are routinely monitored and predicted by Wall Street analysts.Analysts predict that the 'Total net revenue- Credit Card' will reach $7.41 billion. The estimate indicates a change of +9% from the prior-year quarter.The combined assessment of analysts suggests that 'Total net revenue- Consumer Banking' will likely reach $2.22 billion. The estimate suggests a change of +4.8% year over year.Analysts expect 'Total net revenue- Credit Card- Domestic' to come in at $6.96 billion. The estimate indicates a year-over-year change of +8.2%.Based on the collective assessment of analysts, 'Total net revenue- Commercial Banking' should arrive at $859.94 million. The estimate indicates a change of -0.2% from the prior-year quarter.It is projected by analysts that the 'Net Interest Margin' will reach 7.1%. The estimate is in contrast to the year-ago figure of 6.7%.According to the collective judgment of analysts, 'Net charge-off rate' should come in at 3.5%. The estimate is in contrast to the year-ago figure of 3.2%.The consensus estimate for 'Efficiency Ratio' stands at 56.4%. The estimate compares to the year-ago value of 60.1%.The collective assessment of analysts points to an estimated 'Average Balance - Total interest-earning assets' of $459.48 billion. Compared to the current estimate, the company reported $446.93 billion in the same quarter of the previous year.Analysts' assessment points toward 'Total Capital Ratio' reaching 16.2%. Compared to the current estimate, the company reported 16% in the same quarter of the previous year.The average prediction of analysts places 'Net charge-off rate - Credit Card' at 5.3%. The estimate is in contrast to the year-ago figure of 5.3%.Analysts forecast 'Tier 1 Capital Ratio' to reach 14.6%. Compared to the current estimate, the company reported 14.2% in the same quarter of the previous year.The consensus among analysts is that 'Tier 1 Leverage Ratio' will reach 11.4%. The estimate compares to the year-ago value of 11.2%.View all Key Company Metrics for Capital One here>>>Over the past month, Capital One shares have recorded returns of +2% versus the Zacks S&P 500 composite's -3.3% change. Based on its Zacks Rank #3 (Hold), COF will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Free Today: Profiting from The Future’s Brightest Energy SourceThe demand for electricity is growing exponentially. At the same time, we’re working to reduce our dependence on fossil fuels like oil and natural gas. Nuclear energy is an ideal replacement.Leaders from the US and 21 other countries recently committed to TRIPLING the world’s nuclear energy capacities. This aggressive transition could mean tremendous profits for nuclear-related stocks – and investors who get in on the action early enough.Our urgent report, Atomic Opportunity: Nuclear Energy's Comeback, explores the key players and technologies driving this opportunity, including 3 standout stocks poised to benefit the most.Download Atomic Opportunity: Nuclear Energy's Comeback free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Capital One Financial Corporation (COF): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks