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Citigroup beats revenue estimate
Citigroup swings to profit on trading strength, surging deals
Citigroup swung to a profit in the fourth quarter, fueled by strength in trading and a recovery in dealmaking that drove up investment banking fees. Trading desks at the banks benefited from a banner year in U.
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
Citigroup is set to report its fourth-quarter earnings Wednesday morning ahead of Wall Street's opening bell. Here are some of the key metrics to watch and what analysts are expecting from the bank, according to LSEG: Earnings per share: $1.22
Citigroup beats revenue estimate as it swings to a profit
Citigroup Inc. said its fourth-quarter revenue rose 12% to $19.58 billion, which topped the FactSet consensus estimate of $19.51 billion. The bank swung to a fourth-quarter profit of $1.34 a share against a year-ago loss of $1.
Citigroup Q4 Earnings Beat, Revenues Match Estimates, Stock Up
Citigroup Inc.’s C fourth-quarter 2024 adjusted net income per share of $1.34 surpassed the Zacks Consensus Estimate of $1.25. The company had incurred a loss of $1.16 in the fourth quarter of 2023. For 2024,
Citigroup shares rise as fourth-quarter earnings top estimates
CNBC's Leslie Picker joins 'Squawk Box' to report on the company's quarterly earnings results. Here's the science behind the Los Angeles wildfires Mayim Bialik reunites on screen with ‘Big Bang Theory’ co-star Melissa Rauch on ‘Night Court’ You stay,
Citigroup turns to profit in fourth quarter, revenue up 12%
Citigroup on Wednesday reported fourth quarter net income of $2.9 billion, compared to a net loss of $1.8 billion in the prior-year period, fuelled by higher revenues, lower expenses and lower cost of credit.
Money Morning
18h
Citigroup’s $20 Billion Buyback Plan Signals Strength: What Investors Need to Know
Citigroup initiated a major transformation plan in 2024 in an effort to unlock value and drive higher returns. Management ...
18h
Citigroup Earnings Top Wall Street Forecasts
Citigroup reported earnings of $1.34 per share for the fourth quarter, surpassing Wall Street estimates of $1.22. A year ago, ...
17h
Citigroup (C) Q4 2024 Earnings Call Transcript
Hello and welcome to Citi's fourth quarter 2024 earnings call. Today's call will be hosted by Jenn Landis, head of Citi ...
22h
on MSN
Citigroup Cost Cuts Push Q4 EPS Higher
Citigroup exceeded expectations in Q4 2024, driven by strong business performance.
1d
Citigroup Aims to Scale Up Wealth Unit
Citigroup’s wealth management unit reported improved results for the fourth quarter, with net income rising to $334 million ...
1d
Citigroup Stock Jumps on Earnings, $20 Billion Stock Buyback News
Citigroup stock is soaring Wednesday after the big bank topped earnings expectations and unveiled a massive stock buyback ...
4h
BofA Profit Jumps on Investment Banking, Trading Boost
BofA's investment banking fees jumped 44% to $1.7 billion in the fourth quarter, compared with a year earlier. Across the ...
1d
on MSN
These Stocks Moved the Most Today: JPMorgan, Wells Fargo, Goldman, Citigroup, BlackRock, Quantum Computing, and More
Fourth-quarter earnings at JPMorgan Chase, Wells Fargo, Goldman Sachs, and Citigroup beat analysts’ estimates.
3d
Citigroup: Moving To The Sidelines Ahead Of Q4 Earnings (Ratings Downgrade)
Citigroup's Q4 earnings will be closely watched, particularly its total expenses and credit quality, as it aims to streamline ...
2h
Southwest’s valuation is out of whack, Citi says in new ‘sell’ call
Southwest Airlines Co.’s stock fell 3% early Thursday, after Citigroup downgraded the stock to sell from neutral, arguing ...
4h
Morgan Stanley Remains a Buy on Citigroup (C)
Morgan Stanley analyst Betsy Graseck maintained a Buy rating on Citigroup (C – Research Report) today and set a price target of $109.00. The ...
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