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Analysts raised their predictions for Capital One after the company reported great results for the third quarter.

ResultsRead the original at Benzinga
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Capital One's profit beat estimates by a wide margin, and sales also topped forecasts. The sales beat was small, but the profit result and progress on Discover support a stronger outlook.

COF · Capital One Financial Corp

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The AI's read

The much larger profit beat than sales beat points to stronger profit performance, not just more sales. Capital One also said the Discover combination is progressing and it is making good progress toward expected savings and added value.

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