Company News: Citigroup (C) Q2 EPS beat analysts’ expectations

Market news

15 July 2016

Company News: Citigroup (C) Q2 EPS beat analysts’ expectations

Citigroup reported Q2 FY 2016 earnings of $1.24 per share (versus $1.45 in Q2 FY 2015), beating analysts' consensus of $1.10.

The company's quarterly revenues amounted to $17.548 bln (-9.9% y/y), generally in-line with consensus estimate of $17.483 bln.

C rose to $44.90 (+1.01%) in pre-market trading.

U.S.: NY Fed Empire State manufacturing index , July 0.55 (forecast 5)

European session review: US dollar fell against the euro

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