© Reuters. Citigroup Earnings, Income Beat in Q3
Investing.com – Citigroup (NYSE:) reported on Friday third quarter that beat analysts’ forecasts and income that topped expectations.
Citigroup introduced earnings per share of $1.63 on income of $18.50. Analysts polled by Investing.com anticipated EPS of $1.49 on income of $18.38B.
Citigroup shares are down 28% from the start of the yr, nonetheless down 41.34% from its 52 week excessive of $73.22 set on October 15, 2021.
Citigroup shares gained 1.51% in pre-market commerce following the report.
Citigroup follows different main Monetary sector earnings this month
Citigroup’s report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.12 on income of $32.7B, in comparison with forecasts EPS of $2.92 on income of $32.11B.
Wells Fargo&Co had beat expectations on Friday with third quarter EPS of $1.3 on income of $19.51B, in comparison with forecast for EPS of $1.1 on income of $18.75B.
Keep up-to-date on the entire upcoming earnings studies by visiting Investing.com’s earnings calendar