Breaking: Citigroup (C) beats on EPS and revenue, investment banking booms

Ivan Brian FXStreet

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%.

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Author

Ivan Brian

FXStreet

Ivan Brian started his career with AIB Bank in corporate finance and then worked for seven years at Baxter. He started as a macro analyst before becoming Head of Research and then CFO.

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