By Allison Prang

Capital One Financial Corp.'s earnings (COF) fell, despite higher revenue.

Capital One's earnings were $2.25 a share, down from $2.48 a share the comparable quarter a year earlier. The company's results a year earlier included a $21 million income tax benefit, while the company recorded $270 million in income tax costs for the most recent fourth quarter.

Adjusted earnings were $2.49 a share. Analysts polled by FactSet were expecting $2.37 a share.

Total net revenue was $7.43 billion, up 5.9% from the comparable quarter a year ago. Analysts polled by FactSet were expecting $7.35 billion.

Write to Allison Prang at allison.prang@wsj.com

(END) Dow Jones Newswires

January 21, 2020 16:36 ET (21:36 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.
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