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Citigroup (C) Q3 Earnings and Revenues Top Estimates
CCiti(C) ZACKS·2024-10-15 14:11

分组1 - Citigroup reported quarterly earnings of 1.51pershare,exceedingtheZacksConsensusEstimateof1.51 per share, exceeding the Zacks Consensus Estimate of 1.34 per share, and showing a slight decrease from 1.52pershareayearago,adjustedfornonrecurringitems[1]Thecompanyachievedarevenueof1.52 per share a year ago, adjusted for nonrecurring items [1] - The company achieved a revenue of 20.32 billion for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 2.05%, and an increase from $20.14 billion year-over-year [1] - Citigroup has consistently surpassed consensus EPS estimates in the last four quarters, achieving an earnings surprise of 12.69% this quarter [1][3] 分组2 - The stock has gained approximately 28.3% since the beginning of the year, outperforming the S&P 500's gain of 22.9% [2] - The current consensus EPS estimate for the upcoming quarter is 1.29onrevenuesof1.29 on revenues of 19.56 billion, and for the current fiscal year, it is 5.75onrevenuesof5.75 on revenues of 80.68 billion [4] - The Zacks Industry Rank for Banks - Major Regional is in the top 25% of over 250 Zacks industries, indicating a favorable outlook for the sector [5]