What to Expect From Citigroup $C Earnings

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  • 09 Oct '17 at 7:10 pm #12422
    ThePitBoss
    Participant

    [article]260[/article]

    12 Oct '17 at 4:38 pm #12529
    ThePitBoss
    Participant

    Earnings:  EPS of $1.42 on revenue of $18.2 billion v EPS exp $1.30 on revenue of $17.85 billion.

    Fixed income revenue fell 11% to $2.88 billion,
    Equity markets revenue rose 10% to $757 million.
    Consumer banking revenue grew 3% to $8.4 billion
    institutional clients revenue climbed 9% to $9.2 billion.

    12 Oct '17 at 4:49 pm #12531
    ThePitBoss
    Participant

    [quote=”ThePitBoss” post=2274]Earnings:  EPS of $1.42 on revenue of $18.2 billion v EPS exp $1.30 on revenue of $17.85 billion.

    Fixed income revenue fell 11% to $2.88 billion,
    Equity markets revenue rose 10% to $757 million.
    Consumer banking revenue grew 3% to $8.4 billion
    institutional clients revenue climbed 9% to $9.2 billion.[/quote]

    17 Oct '17 at 7:22 am #12646
    ThePitBoss
    Participant

    Citigroup Inc. $C was downgraded to Sell at Societe Generale

    From Hold with a $65 price target ($72.11 close Friday) .

    Citigroup has a 52-week range of $47.70 to $76.14

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