Its stock price got beaten down quite a lot last Q due to missing ER.
This basically made COF more undervalued. Its PB is well below 1.
its PE is less than 10.
When an undervalued stock release earning, it doesn't need to beat the
number a lot. As long as it beats, its stock price will go up.
I was listening to its conference call, quite positive. I expect tomorrow it
will get upgraded by some wall street firms because it promised to return
more
capital to the share holders in 2014 despite 500% increase in the dividend
this year(start from May).