Citigroup (C) Q1 Earnings and Revenues Top Estimates

Core Insights - Citigroup reported quarterly earnings of $1.96 per share, exceeding the Zacks Consensus Estimate of $1.84 per share, and showing an increase from $1.58 per share a year ago, resulting in an earnings surprise of 6.52% [1] - The company achieved revenues of $21.6 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.95% and up from $21.1 billion year-over-year [2] - Citigroup has consistently surpassed consensus EPS and revenue estimates over the last four quarters [2] Earnings Performance - The earnings surprise for the previous quarter was 7.20%, with actual earnings of $1.34 per share compared to an expected $1.25 [1][2] - The current consensus EPS estimate for the upcoming quarter is $1.77, with projected revenues of $20.77 billion, and for the current fiscal year, the EPS estimate is $7.39 on revenues of $83.62 billion [7] Stock Performance and Outlook - Citigroup shares have declined approximately 10.2% year-to-date, while the S&P 500 has decreased by 8.1% [3] - The company's earnings outlook is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6] - The Financial - Investment Bank industry, to which Citigroup belongs, is ranked in the bottom 33% of Zacks industries, suggesting potential challenges ahead [8]