Company News: Citigroup (С) quarterly earnings beat analysts’ estimate

Market news

13 July 2018

Company News: Citigroup (С) quarterly earnings beat analysts’ estimate

Citigroup (С) reported Q2 FY 2018 earnings of $1.63 per share (versus $1.28 in Q2 FY 2017), beating analysts' consensus estimate of $1.56.

The company's quarterly revenues amounted to $18.469 bln (+1.7% y/y), generally in-line with analysts' consensus estimate of $18.523 bln.

С fell to $68.15 (-0.53%) in pre-market trading.

U.S.: Import Price Index, June -0.4% (forecast 0.1%)

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