Company News: Citigroup (C) posts mixed quarterly results

Market news

18 January 2017

Company News: Citigroup (C) posts mixed quarterly results

Citigroup reported Q4 FY 2016 earnings of $1.14 per share (versus $1.06 in Q4 FY 2015), beating analysts' consensus estimate of $1.12.

The company's quarterly revenues amounted to $17.012 bln (-7.8% y/y), slightly missing analysts' consensus estimate of $17.260 bln.

C fell to $58.20 (-0.31%) in pre-market trading.

U.S.: CPI, Y/Y, December 2.1% (forecast 2.1%)

Company News: Goldman Sachs (GS) quarterly results beat expectations

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