Capital One Financial Corporation (COF) is scheduled to release its second-quarter 2026 earnings on July 21, 2026, after the market close. Analysts anticipate a rise in earnings to $4.68 per share, representing a 5.88% increase. However, other consensus analyst estimates point to an earnings per share around $4.80 for the quarter ending June 30, 2026. This comes after the previous quarter (Q1 2026) saw earnings per share of $4.42, which missed the estimate of $4.51.
In the first quarter of 2026, Capital One reported a net revenue of $15.2 billion, a 2% drop from the prior quarter, but a 52% increase from the same period in 2025. Despite this, the company's adjusted earnings per share of $4.42 missed the average analyst estimate of $4.56, and they significantly increased their provision for credit losses by 72% year-over-year to $4.07 billion. This trend of missing revenue estimates has been observed multiple times over the last two years.
For the upcoming Q2 2026 report, analysts are closely watching net interest income trends, credit loss provisions, and loan growth. The market expects Capital One's revenue to grow by 25.5% year-on-year. Investors will also be keen on any updated full-year guidance and commentary on consumer credit quality, as historical stock reactions to earnings have shown volatility based on beats or misses in key profitability metrics.
