NEW YORK (TheStreet) -- Shares of Capital One Financial (COF) - Get Report were up in early-afternoon trading on Monday ahead of the company's 2016 third quarter earnings, due out after tomorrow's closing bell.
Wall Street is forecasting that earnings will decline year-over-year, while revenue will increase.
Analyst surveyed by FactSet are expecting the McClean, VA-based bank to post earnings of $1.94 per share on revenue of $6.40 billion.
During the same period a year ago, Capital One earned $1.98 per diluted share on revenue of $5.90 billion.
Among U.S. specialty finance stocks, BMO Capital Markets said it continues to prefer credit card lenders Capital One and Synchrony Financial (SYF). The firm has "outperform" ratings on both stocks.
Separately, TheStreet Ratings Team has a "Buy" rating with a score of B- on Capital One stock.
The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures.
The team believes its strengths outweigh the fact that the company has had somewhat disappointing return on equity.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: COF