Company News: Citigroup (C) quarterly results beat analysts’ expectations

Market news

15 July 2019

Company News: Citigroup (C) quarterly results beat analysts’ expectations

Citigroup (C) reported Q2 FY 2019 earnings of $1.95 per share (versus $1.63 in Q2 FY 2018), beating analysts’ consensus of $1.80.

The company’s quarterly revenues amounted to $18.758 bln (+1.6% y/y), beating analysts’ consensus estimate of $18.486 bln.

C rose to $72.39 (+0.86%) in pre-market trading.

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