Sample Page Title

Must read



Trendy Voice

Investing.com – Citigroup (NYSE:) reported on Friday fourth quarter that beat analysts’ forecasts and revenue that topped expectations.

Citigroup announced earnings per share of $1.99 on revenue of $17.02B. Analysts polled by Investing.com anticipated EPS of $1.57 on revenue of $17.01B.

Citigroup shares are up 12% from the beginning of the year and are trading at $65.27 , down-from-52-week-high.They are outperforming the S&P 500 which is down 2.25% year to date.

Citigroup shares lost 3.70% in pre-market trade the report.

Citigroup follows other major Financial sector earnings this month

Citigroup’s report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.33 on revenue of $29.26B, compared to forecasts EPS of $3 on revenue of $29.87B.

Wells Fargo&Co had beat expectations on Friday with fourth quarter EPS of $1.38 on revenue of $20.86B, compared to forecast for EPS of $1.1 on revenue of $18.65B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar



Source link

close
Trendy Voice

Hi!
It’s nice to meet you.

Sign up to receive awesome content in your inbox, every week.

We don’t spam! Read our privacy policy for more info.

- Advertisement -spot_img

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -spot_img

Latest article