Citigroup Swings To A $1.8B Loss In Q4 As Charges Mount

  Q4 2023 Analyst Expectation Q4 2022Revenue $17.4B $18.8B $18BDiluted Earnings (loss) Per Share (EPS) ($1.16) 43 cents $1.16Net Income/ (loss) ($1.8B) $1.45B $2.5B"While the fourth quarter was very disappointing due to the impact of notable items, we made substantial progress simplifying Citi and executing out strategy in 2023," said Citi CEO Jane Fraser. Key Metric Citigroup has been struggling with growing expenses, and that prompted Fraser to launch a massive restructuring effort in September. But ah ...