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Citigroup's stock up 1.1% after earnings top estimates
Citigroup Inc.'s stock rose 1.1% premarket Tuesday, after the bank beat estimates for the third quarter, boosted by big gains in trading and investment banking. The bank had net income of $3.2 billion,
Citigroup earnings are due Tuesday. Here's what Wall Street expects
Citigroup is set to report its third-quarter results before the opening bell on Tuesday. The bank has an analyst call to discuss the quarter scheduled for 11 a.m. ET. Shares of Citigroup are up more than 28% year to date.
Citigroup's earnings hit by higher cost of credit
The bank saw larger net credit losses in cards and increased its reserve by $315 million, while net income fell 9% in the third quarter.
Citigroup Profit Declines, Still Tops Wall Street’s Expectations
Citi reported third-quarter earnings per share of $1.51, beating analysts’ estimates of $1.31. Net income declined to $3.2 billion from a year ago; analysts polled by FactSet had forecast $2.55 billion.
Citigroup earnings top estimates, boosted by investment banking
Investment banking and equities trading were two bright spots for the bank in its second-quarter earnings report, released in July. Shares of Citigroup were up more than 28% year
1h
on MSN
Citigroup profit beats estimates on investment banking boost
Citigroup posted a smaller-than-expected drop in profit for the third quarter thanks to gains in investment banking, sending ...
1h
Citigroup's consumer bank income down 31% amid higher cost of credit
Citigroup Inc. said its consumer banking division had net income of $522 million in the third quarter, down 31% from $756 ...
1h
on MSN
Citigroup Q3 earnings beat, aided by lower expenses, strong services growth
Citigroup (C) stock gained 2.0% in Tuesday premarket trading as the bank's Q3 earnings topped the consensus, helped by lower ...
3h
Citigroup profit drops on bigger stockpiles for potential loan losses
Citigroup's profit fell 9% in the third quarter as it set aside more money to cover loans that may not be repaid, ...
5h
Citigroup’s Earnings: What to Watch
Citigroup is set to post quarterly results this morning, and investors will be looking for more signs that the U.S. economy ...
17h
Citigroup Earnings Expected to Drop 28%
Citigroup earnings are due Tuesday morning, and they’re expected to show a 28% decline in quarterly earnings from a year ago ...
1h
Goldman Sachs, Citigroup, and Bank of America: The Key to New Market Highs?
In recent days, U.S. markets have shown notable strength, driven by a mix of solid earnings reports and positive economic ...
2h
Citigroup Inc. Reveals Fall In Q3 Profit, But Beats Estimates
Citigroup Inc. (C) reported earnings for third quarter that decreased from last year but beat the Street estimates. The company's ...
In Depth
10h
In Depth
Exclusive: A key to Citi's regulatory woes: staff need skills 'enhancement'
Citigroup has struggled to adequately train employees in risk, compliance and data roles, according to the bank's own ...
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