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

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.

Author

Ivan Brian

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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