Breaking Citigroup (C) Stock Price and Forecast: Citigroup earnings beat on top and bottom lines

Ivan Brian FXStreet

Citigroup (C) released its earnings before the market opened on Friday. Earnings per share (EPS) came in at $1.99 adjusted ($1.46 unadj) versus the $1.37 average estimate.

Revenue came in at $17 billion versus the estimate of $16.77 billion.

Citigroup (C) will host a conference call to discuss the earnings at 11 am EST / 1600 GMT. The link is here.

Citigroup (C) stock forecast

Citigroup (C) shares are trading at $66.40 in Friday's premarket, a change of -2%.

For a full insight into bank earnings read our detailed sector analysis piece here.

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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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