Citizens Financial Group (CFG) Tops Q4 Earnings and Revenue Estimates

Group 1 - Citizens Financial Group (CFG) reported quarterly earnings of $0.85 per share, exceeding the Zacks Consensus Estimate of $0.83 per share, and showing a significant increase from $0.34 per share a year ago, representing an earnings surprise of 2.41% [1] - The company posted revenues of $1.99 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.29%, with year-ago revenues also at $1.99 billion [2] - Citizens Financial Group shares have increased approximately 7% since the beginning of the year, outperforming the S&P 500's gain of 1% [3] Group 2 - The earnings outlook for Citizens Financial Group is mixed, with the current consensus EPS estimate for the coming quarter at $0.79 on revenues of $1.97 billion, and $3.85 on revenues of $8.19 billion for the current fiscal year [7] - The Zacks Industry Rank for Financial - Savings and Loan is currently in the top 10% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] - The estimate revisions trend for Citizens Financial Group is currently reflected in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6]