Breaking: Citigroup (C) beats on EPS and revenue, investment banking booms
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UNLOCK OFFERCitigroup (NYSE:C) reports Q1 2021 earnings showing strong growth in investment banking following on from Goldman smashing it on Wednesday.
Citi EPS was $3.62 versus the $2.60 estimate. Revenue was $ 19.3 billion versus the $18.82 billion estimate.
Investment banking revenue was notably strong.
Citigroup (NYSE) stock price
Citi shares are trading at $74.20 in pre-market, up nearly 2%.
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Errors and omissions excepted.
Citigroup (NYSE:C) reports Q1 2021 earnings showing strong growth in investment banking following on from Goldman smashing it on Wednesday.
Citi EPS was $3.62 versus the $2.60 estimate. Revenue was $ 19.3 billion versus the $18.82 billion estimate.
Investment banking revenue was notably strong.
Citigroup (NYSE) stock price
Citi shares are trading at $74.20 in pre-market, up nearly 2%.
At the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
This article is for information purposes only. The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice. It is important to perform your own research before making any investment and take independent advice from a registered investment advisor.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to accuracy, completeness, or the suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. The author will not be held responsible for information that is found at the end of links posted on this page.
Errors and omissions excepted.
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