Citigroup Analysts Increase Their Forecasts Following Strong Q3 Earnings

Citigroup (NYSE:C) posted better-than-expected earnings for the third quarter.The bank reported posted third-quarter revenue of $22.09 billion, up 9% year over year and comfortably ahead of expectations of $21.09 billion, as strong performances across Markets, U.S. Personal Banking, and Investment Banking lifted results.Net income rose to $3.75 billion, while earnings per share jumped to $2.24 from $1.51 a year earlier, also topping estimates of $1.90 per share.Citigroup expects fiscal 2025 revenue to be hi ...