Capital One Stock Climbs On Strong Q2 EPS, Despite Revenue Miss
1. Capital One reported Q2 earnings of $5.48 per share, beating estimates. 2. Quarterly revenue was $12.49 billion, slightly missing expectations. 3. Total net revenue rose 25%, indicating strong growth. 4. Credit losses provision totaled $11.4 billion, signaling potential risk. 5. Capital One completed its acquisition of Discover, enhancing growth opportunities.