IB to Aid Citigroup's (C) Q1 Earnings, High Costs to Hurt

Citigroup Inc. (C) is scheduled to report first-quarter 2024 results on Apr 12, before market open. The bank’s quarterly earnings and revenues are expected to have witnessed year-over-year declines.In the last reported quarter, adjusted earnings per share surpassed the Zacks Consensus Estimate on growth in total loans and deposits. However, a decline in revenues and deteriorating credit quality were headwinds.C’s earnings surpassed the consensus estimate in the trailing four quarters, delivering an average ...