Thread regarding Capital One layoffs

Q3 results- how bad can it get?

I generally don’t like reading these predictions from analysts, but this article caught my eye. In light of the announcement of Q3 earnings and financial results ( October 18th, in case somebody didn’t know), the author of the article claims that Capital One will fall short to achieve the results from Q1 and Q2 and that it will, in any case, fall under the year-ago results. I knew that the quarterly results weren't going to be impressive, but this kind of underperforming I didn’t see coming. Like to get some thoughts on that.


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