Buy 'High Quality' Card Stocks Discover, AmEx: Nomura
Carcache estimates the company will post second-quarter earnings of $1.08 a share, and estimates full-year EPS of $4.38 for 2012, followed by EPS of $4.96 during 2013.
Interested in more on American Express? See TheStreet Ratings' report card for this stock.
Capital One
Shares of Capital One closed at $54.23 Monday, returning 28% year-to-date, following a flat return during 2011.
The shares trade for 1.4 times tangible book value, according to Thomson Reuters Bank Insight, and for eight times the consensus 2013 EPS estimate of $6.83. The consensus 2012 EPS estimate is $6.52.
Capital One will report its second-quarter results on July 19, with the consensus among analysts being earnings of $1.35 a share, including one-time items springing from the company's purchase of HSBC's (HBC) U.S. credit card portfolio in May. The company earned $2.72 a share during the first quarter -- including a bargain purchase gain of $1.16 a share from its February purchase of ING Direct -- and $1.97 a share during the second quarter of 2011.